With inflation a growing concern, many investors are looking for assets that will let them hedge against inflation. You can seek inflation protection from several investment strategies like gold, real estate, international stocks, bank loans, and more. At the Oxford Gold Group, we believe gold is an excellent investment option for combatting times of high…
Closing Prices for Crude Oil, Gold and Other Commodities (Aug. 5)
August 5, 2022
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Benchmark U.S. crude oil for September delivery rose 47 cents to $89.01 a barrel Friday. Brent crude for October delivery rose 80 cents to $94.92 a barrel. Wholesale gasoline for September delivery rose 7 cents to $2.86 a gallon. September heating oil fell 12 cents to $3.22 a gallon. September natural gas fell 6 cents…
AngloGold Ashanti CEO Sees Inflation Pressure Easing Next Year
August 5, 2022
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AngloGold Ashanti’s CEO expects inflationary pressures to ease next year, he said on Friday after the miner joined rivals in reporting a hit to half-year profit and forecast that costs would be at the top end of guidance this year. Lower commodities prices in 2023 are likely to bring the company’s costs inflation down to…
Closing Prices for Crude Oil, Gold and Other Commodities (Aug.4)
August 4, 2022
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Benchmark U.S. crude oil for September delivery fell $2.12 to $88.54 a barrel Thursday. Brent crude for October delivery fell $2.66 to $94.12 a barrel. Wholesale gasoline for September delivery fell 12 cents to $2.79 a gallon. September heating oil fell 7 cents to $3.34 a gallon. September natural gas fell 15 cents to $8.12…
Closing Prices for Crude Oil, Gold and Other Commodities (Aug. 3)
August 3, 2022
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Benchmark U.S. crude oil for September delivery fell $3.76 to $90.66 a barrel Wednesday. Brent crude for October delivery fell $3.76 to $96.78 a barrel. Wholesale gasoline for September delivery fell 15 cents to $2.91 a gallon. September heating oil rose 3 cents to $3.41 a gallon. September natural gas rose 56 cents to $8.27…
Closing Prices for Crude Oil, Gold and Other Commodities (Aug. 2)
August 2, 2022
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Benchmark U.S. crude oil for September delivery rose 53 cents to $94.42 a barrel Tuesday. Brent crude for October delivery rose 51 cents to $100.54 a barrel. Wholesale gasoline for September delivery rose 6 cents to $3.06 a gallon. September heating oil fell 6 cents to $3.38 a gallon. September natural gas fell 57 cents…
Gold: Where Does the Legendary Metal Fit In Your Portfolio?
Our fascination with gold has been ubiquitous since the beginning of recorded history, and it has been a stalwart investment across cultures worldwide. The value of gold comes from its scarcity as a commodity, and its price tends to grow during times of economic uncertainty, particularly when inflation is high. Gold is unique because, unlike…
Is Gold An Inflation Hedge? How Much Should Be In Your Portfolio?
Our fascination with gold has been ubiquitous since the beginning of recorded history, and it has been a stalwart investment across cultures worldwide. The value of gold comes from its scarcity as a commodity, and its price tends to grow during times of economic uncertainty, particularly when inflation is high. Gold is unique because, unlike…
Inflation, Price Rise Could Dent India’s Gold Demand in July—Dec
India’s gold demand in the first half of 2022 jumped 42 percent from a year ago but consumption in the second half could be lower than last year as higher inflation erodes disposable income, the World Gold Council (WGC) said on Thursday. Lower purchases by the world’s second-biggest gold consumer could weigh on prices, which…
Closing Prices for Crude Oil, Gold and Other Commodities (Aug. 1)
August 1, 2022
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Benchmark U.S. crude oil for September delivery fell $4.73 to $93.89 a barrel Monday. Brent crude for October delivery fell $3.94 to $100.03 a barrel. Wholesale gasoline for September delivery fell 11 cents to $3 a gallon. September heating oil fell 11 cents to $3.44 a gallon. September natural gas rose 5 cents to $8.28…
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