Gold is fundamentally under pressure

Gold is fundamentally under pressure

13. joulukuuta 2017

 

Crude oil

Crude oil prices increased highly in this year and OPEC can give itself a slap on the back. But in the first half of 2018 a high supply of crude oil could put pressure on the oil market.

 

Gold

The Gold price has a difficult fundamental setup due to booming crypto currencies, low volatility in equity markets and a tapering monetary policy in the U.S.

 

Nickel

Worries about China and taking profits of investors caused a price decrease of many industrial metals during the last period of time. Nickel also decreased and was trading at its two-month-low at 10.800 USD per ton.

 

 

Vontobel products are tradable at your bank or online broker.

 

 

 

 

 

 

 

This information does not constitute a financial analysis, but product advertisement. Thus it does not meet the legal requirements to ensure the impartiality of financial analysis and is not subject to trade prohibition before the publication of a financial analysis.

For detailed information, particularly regarding the structure and the risks associated with an investment in the derivative financial instruments, prospective investors should read the Base Prospectus, which is available together with the Final Terms and any supplement to the Base Prospectus in electronic form on the issuer’s website: http://certificates.vontobel.com. Additionally, the Base Prospectus, any supplements to the Base Prospectus and the Final Terms are available in printed form, free of charge, at the registered office of the issuer: Vontobel Financial Products GmbH, Bockenheimer Landstrasse 24, 60323 Frankfurt am Main, Germany.

Investors should consider the applicable selling restrictions.

Companies of the Vontobel group may directly or indirectly pay commissions in varying amounts to third parties (e.g. brokers) in connection with the public offer and the distribution of the derivative financial instruments. Further information is available upon request from your distribution partner.

Without permission, this product advertisement may not be reproduced or redistributed.

 

 

 

14.12.2019 4:28:51

 

Write a Comment

 

  

 

  

 

* Required fields need to be filled in