Gold has reversed it’s climb and closed down below the $1,000 mark this week – on the same week as oil dropped back significantly.

Oil dropped by 8.4% to close at just over  $66 per barrel in the same we that has seen all world stock markets close down and Sterling took a bashing!

End of the week saw:

Gold continued to climb above the $1,000 per ounce mark and ended the week at $1,010 per ounce.

Another good week for all but Japan’s stock markets which all moved in a positive direction and most notably the Australian ASX closing up 4.4% on the week.

On the currency market both Sterling and the US Dollar weakened against the major currencies with Sterling closing at just over €1.10 at the end of the week.

End of the week saw:

Gold broke the $1,000 per ounce this week to close up 1% on the week at $1,006 per ounce.

Also, a very good week for all world stock markets which all moved in a positive direction and most notably the UK’s FTSE250 moving up by over 5% on the week.

On the currency market the US Dollar has strengthened against the major world currencies this week, whilst Sterling has dropped back.

End of the week saw:

Most notable this week is the plunge in oil prices again with the price per barrel falling by 7.7% on the week to close at below $70 a barrel again.

The other commodity we report on is gold, which has risen sharply again this week closing at just below $1,000 an ounce. However, the world stock markets saw a fall on the week, with the exception of the Chinese Hang Seng which did the opposite as usual and gained by 1.1%.

End of the week saw:

The only stock market to fall this week was the Chinese Hang Seng which fell by half of one percent on the week.

The main gainers were the UK stock markets, however Sterling has fallen against most currencies this week and in particular against the Japanese Yen and Australian Dollar.

Oil halted it’s rise this week falling back by 1.5% to finish the week at $72.88 per barrel.

End of the week saw:

Another mixed bag this week with Asia Pacific stock markets falling and European and American all rising on the week.

Oil has gone back to it’s rise again this week jumping by 9.5% as news starts to filter through that economies areending their recessions, which will lead to increased demand on oil again.

End of the week saw:

A mixed bag this week on the world stock markets with the majority falling but some have risen on the week.

In the UK the FTSE 250 rose again where as the FTSE 100 and the All-share index lost ground on the week. Stock markets in Asian Pacific rose with the Australian ASX 200 rising by 3.8%.

Oil halted its rise this week falling back below $70 per barrel which is a fall of 4.8%.

End of the week saw:

For the third week in a row world stock markets have risen on growing optimism that the world is climbing out of recession.

The US S & P 500 rose above the 1,000 mark and the NASDAQ rose above 2,000 this week! Back here in the UK the FTSE 250 saw the biggest rise climbing 5.3% to close at 8,421.46.

The price of oil has now risen above $70 per barrel again as it continues its rise as world economies improve and the price per barrel continues to reflect the improving demand for this commodity.

End of the week saw:

Oil markets have continued to push the price of oil up this week yet again by a small margin of 2.1% to rest at just under $70 a barrel for crude.

It has been another good week for the stock markets again with all world indices rising on the week. The best performers were Japanese and Spanish markets both rising by over 4%.

End of the week saw:

Oil markets have continued to push the price of oil up this week by a further 7.3% to close at just over $68 a barrel for crude – last week this rose by 6.2%.

It has been a good week for the stock markets with all world indices rising on the week, with the best performer being the China Hang Seng index, which rose by 6.3% on the week.

End of the week saw: