Gold And Oil Prices | News – Analysis – Forecast

Posted on 20 May 2010

Gold and oil prices have sharply declined in the past 5 days due to issues unclear to investors. It is mainly due to US stock market downfall and euro zone crises which have made the precious metal and gasoline prices to fall.

Gold has witnessed +4.86% change which was a good sign. Now onwards, gold prices shall decline for the next 10 days or so.

Oil has witnessed -13.31% change which still continues to decline till the month of June.

The Gold and Oil markets have been hit by US Stock market as major shares are on the doldrums. It is expected that the market will be recovered soon.

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