The latest movements in gold prices vis-à-vis the US dollar and the purchase of IMF gold by India, followed by Sri Lanka and Mauritius suggest that the yellow metal seems to be making a comeback as a reserve standard. However, this is likely to be a temporary affair and once the global economy regains its balance, the lust for gold is likely to wane off.
TMX Group's Montréal Exchange to launch futures contract on Canadian Heavy Crude Oil
MONTRÉAL, June 14 /PRNewswire-FirstCall/ - Montréal Exchange Inc., a wholly-owned subsidiary of TMX Group and Canada's national derivatives exchange, today announced that it will launch a futures contract on Canadian heavy crude oil.
United States Commodity Funds LLC Launches the United States Brent Oil Fund, LP (BNO)
ALAMEDA, Calif., June 2 /PRNewswire/ --
Attention ETF Traders and Investors,
On Wednesday, June 2, 2010 United States Commodity Funds LLC for trading
on the New York Stock Exchange Arca; the United States Brent Oil Fund, LP
(BNO).
United States Brent Oil Fund, LP [symbol: BNO]
The United States Brent Oil Fund, LP (BNO) is an exchange traded security that is designed to track in percentage terms the movements of Brent crude oil prices.
