Top Daily News
11/16/2015
Pray for Paris.
Last Friday Gold futures held ground at more than five-year low on Friday, extending their losing streak to a fourth week in a row, the longest stretch of weekly declines since July. The prospect of a hike to benchmark interest rates by the Federal Reserve in December has hurt gold, which would lift the dollar.
Oil futures settled down about 8% for the week as a growing glut of global crude supplies, a forecast for a slowdown in demand growth next year and reports showing a weekly rise in the number of U.S. oil rigs pulled prices down on Friday.
