Gold Higher, USD Higher, Stocks Flat  + Commodities

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								Gold Higher, USD Higher, Stocks Flat  + Commodities

Gold Higher, USD Higher, Stocks Flat  + Commodities

$GLD, $SLV, $USD, $USO, $OIL, $SOY, $CORN, $WEAT

  • Gold strengthens on risk-off trade
  • US Dollar (.DXY) Index up
  • Crude Oil futures up on supply/demand issues
  • Stocks Flat to Unchanged

In Asia

Gold prices settled higher Monday morning in Asia, along with an advance in the USD. The increase in gold prices, a safe-haven asset, is likely to be impacted by geopolitical tensions including Italy’s budget and BREXIT uncertainty.

Gold Futures for December delivery edged up 0.17% to $1,230.8 t/oz at 02:23GMT on the COMEX division of the New York Merc.

.DXY trading against a basket of currencies, gained 0.06% to 95.44, bringing up gold prices as gold is sold in USDs.

Energy

Crude Oil prices rose Monday as markets were expected to tighten once US sanctions Vs Iran’s Crude Oil exports are implemented in early November.

Front-month ICE Brent Crude Oil futures (LCOc1) were at $79.96 bbl at 0414 GMT, +18c above last close.

NYMEX WTI Crude Oil futures (CLc1) were at $69.32 bbl, 20c above their last settlement.

OPEC agreed in June to boost supply to make up for the expected disruption to Iranian exports.

The data suggested OPEC is struggling to add barrels as an increase in Saudi supply was offset by declines elsewhere.

The executive director of the International Energy Agency (IEA), said Monday that other producers may struggle to fully make up for the expected Iran disruption, and that Crude Oil prices could rise further.

Traders said Crude Oil consumers were stockpiling in anticipation of more disruptions.

Commodities: Energy

COMMODITY LAST CHANGE % CHANGE EXP DATE TIME 2-DAY TREND
NYMEX Crude Oil » 69.38 USD +0.26 +0.37% Oct 18 12:49AM EDT 
								Gold Higher, USD Higher, Stocks Flat  + Commodities
ICE Brent Crude » 80.05 USD +0.27 +0.34% Oct 18 12:49AM EDT 
								Gold Higher, USD Higher, Stocks Flat  + Commodities
NYMEX RBOB Gasoline » 1.92 USD +0.00 +0.14% Oct 18 12:49AM EDT 
								Gold Higher, USD Higher, Stocks Flat  + Commodities
Dubai Crude Spot » 78.13 USD +0.24 +0.31% Dec 02 1:00AM EDT 
								Gold Higher, USD Higher, Stocks Flat  + Commodities
ICE Gas Oil » 715.25 USD +0.50 +0.07% Nov 18 12:45AM EDT 
								Gold Higher, USD Higher, Stocks Flat  + Commodities
NYMEX No2 Heating Oil » 2.31 USD +0.01 +0.34% Oct 18 12:42AM EDT 
								Gold Higher, USD Higher, Stocks Flat  + Commodities
NYMEX Nat Gas » 3.20 USD -0.05 -1.50% Oct 18 12:50AM EDT 
								Gold Higher, USD Higher, Stocks Flat  + Commodities
ICE NBP Nat Gas » 72.56 GBP +0.00 0.00% Oct 18 7:00PM EDT

Commodities: Metals

COMMODITY LAST CHANGE % CHANGE EXP DATE TIME 2-DAY TREND
Gold Spot » 1,227.26USD +1.40 +0.11% Dec 02 12:58AM EDT 
								Gold Higher, USD Higher, Stocks Flat  + Commodities
COMEX 100oz Gold » 1,225.30USD +0.00 0.00% Oct 18 7:01PM EDT 
								Gold Higher, USD Higher, Stocks Flat  + Commodities
Silver Spot » 14.66USD +0.07 +0.48% Dec 02 1:08AM EDT 
								Gold Higher, USD Higher, Stocks Flat  + Commodities
Platinum Spot » 834.10USD +4.10 +0.49% Dec 02 1:08AM EDT 
								Gold Higher, USD Higher, Stocks Flat  + Commodities
Palladium Spot » 1,089.75USD +9.25 +0.85% Dec 02 1:08AM EDT 
								Gold Higher, USD Higher, Stocks Flat  + Commodities
COMEX Copper » 2.78USD +0.01 +0.49% Oct 18 11:16PM EDT

Commodities: Agriculture Grains

COMMODITY LAST CHANGE % CHANGE EXP DATE TIME 2-DAY TREND
CBOT Corn » 366.25USC -0.75 -0.20% Dec 18 12:54AM EDT 
								Gold Higher, USD Higher, Stocks Flat  + Commodities
CBOT Wheat » 512.50USC -2.25 -0.44% Dec 18 1:00AM EDT 
								Gold Higher, USD Higher, Stocks Flat  + Commodities
KCBT Wheat » 514.25USC -2.00 -0.39% Dec 18 12:09AM EDT 
								Gold Higher, USD Higher, Stocks Flat  + Commodities
MGE Spring Wheat » 590.00USC +1.25 +0.21% Dec 18 12:42AM EDT 
								Gold Higher, USD Higher, Stocks Flat  + Commodities
Euronext Milling Wheat » 201.25EUR +0.00 0.00% Dec 18 12:29PM EDT 
								Gold Higher, USD Higher, Stocks Flat  + Commodities
CBOT Soybeans » 857.75USC +1.00 +0.12% Nov 18 1:00AM EDT

Have a terrific week

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