Crude in the international market as well as gold and silver prices have dropped continuously. Crude prices have fallen to 11 year lows. Over-supply growth, which led to the decline in crude, Brent crude has risen close to $ 36.

The dollar has declined sharply because of the sleep light. 1077 dollars per ounce on the Comex price is close.

Crude at 11-year lows …

Worldwide supply of crude oil is increasing rapidly due to the fall in prices of Brent crude, with WTI crude is being viewed. On Monday, Brent crude in the overseas market to the lowest level in 11 years is broken, the price touched 36.04 dollars a barrel, the lowest level since July 2004, which is the lowest price ….

December Crude prices have declined more, the price of Brent crude has fallen by almost 19 per cent since 2008, which is considered the biggest monthly decline ….

Why the decline in crude …

OPEC countries are not currently producing crude from Iran and the increase in production is expected. Besides all these, despite the low prices in the US rose last week in the number of oil rigs. Russia could increase its production as well. Based on these fundamentals can be said that in the long term, prices could remain under pressure ….

The decline in gold and silver …

The US dollar has returned strong gold sheen. Tuesday’s trading session gold has dropped after two days of gains. The Comaks gold ounce has fallen to 0.30 per cent in 1077. However, silver fell 0.50 percent to $ 14.25 per ounce level ….

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