Excerpt from: Financial Spread Betting Strategies
|
 |
| October 29, 2007 | | Spread bets on gold and oil prices | Placing spread bets on gold and oil prices should take into consideration that both of these are doing well on the commodities market. Gold and oil prices often move inversely to the U.S. dollar, and with dollar weakness a concern, both commodities are doing quite well. The Malaysian Star reports on commodities:
The dollar was also hampered over the weekend as prices for oil surged
breached US$93 and gold futures hit their highest price since January
1980, US$780 per ounce.
| | |
|
|
