Myra P. Saefong
Moneyish
San Francisco, CA, United States
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Recent articles by Myra:
Why the OPEC+ agreement to boost production in 2021 didn’t tank oil prices
It was obvious that the Organization of the Petroleum Exporting Countries and their allies, collectively known as OPEC+, would have a difficult time reaching... → Read More
Gold prices head for 5-month low as vaccine news hits metal in November
Gold futures on Monday head firmly lower, capping a troubling month for the haven asset that puts it on track to log its lowest settlement since late June. → Read More
Gold futures log biggest daily loss in over 7 years
Gold futures dropped Monday, posting their largest one-day dollar and percentage declines since 2013 as positive news on a potential COVID-19 vaccine helped... → Read More
Why a Biden presidency may lead to higher gasoline prices
Gasoline hasn’t been a big worry for drivers with prices down around 19% from a year ago, but the winner of the coming U.S. presidential election could lead... → Read More
Oil boosted as Norway strike, U.S. hurricane curtail crude output
Oil prices rise Thursday, lifted as strikes in Norway continue to weigh on production in he North Sea and Hurricane Delta forces the shut-in of crude and... → Read More
Gold futures lose nearly 5% for the week
Gold futures declined Friday to post a loss of nearly 5% for the week-the largest weekly percentage loss since mid-March. Analysts attributed losses for the... → Read More
Oil prices fall to lowest since June, with Brent prices slipping below $40
Oil prices fall Tuesday to their lowest levels since June, unable to shake off worries about crude demand due to a continued rise in coronavirus cases, the... → Read More
Gold futures mark first weekly loss in 10 weeks
Gold futures fell on Friday to suffer their first weekly loss in 10 weeks. Overall strength in U.S. Treasury note yields for the week dulled demand for gold,... → Read More
USDA lifts U.S. wheat and corn production estimates
The U.S. Department of Agriculture on Wednesday lifted its estimates for domestic wheat and corn production for the 2020/2021 marketing year. The government... → Read More
Gold futures drop over 4% for biggest 1-day percentage loss since mid-March
Gold futures fell Tuesday by more than 4% to post their largest one-day percentage loss in nearly five months as investors focused attention on a rally in... → Read More
Global gold demand posts decline in first half of 2020, even as ETF inflows hit a record
Global gold demand decline in the second quarter and first half of this year, but investment demand for the precious metal climb to a record, as... → Read More
Gold logs record close, up a ninth straight session, then climbs after Fed’s policy statement
Gold futures tally a ninth gain in a row on Wednesday to settle at another record, then move even higher after the Federal Open Market Committee reiterated... → Read More
Gold price marks highest settlement and intraday price on record
Fresh gains for gold on Monday take it ever closer to a $2,000 level that some analysts see as a distinct possibility. → Read More
Gold scores a record close as U.S.-China tensions mount
Gold futures on Friday scored a record finish, with prices up almost 5% for the week, as rising U.S.-China tensions and jitters about the economic outlook... → Read More
Silver logs highest finish since 2014, up more than 80% from 2020’s low
Silver prices rally Tuesday to finish at their highest level since 2014, scoring an impressive gain of more than 80% from the year’s low. → Read More
Silver futures log highest finish in nearly 4 years; gold up a second session
Gold and silver futures climbed Monday, with silver settling at its highest level in nearly four years, buoyed by expectations for further central bank... → Read More
Gold futures settle above $1,800 for first time since 2011
Gold futures settled above $1,800 an ounce on Tuesday, the first time for a most-active contract since 2011. Prices for the haven metal continued to find... → Read More
U.S. oil futures lose over 8% for biggest one-day loss in 6 weeks
Oil futures fell sharply on Thursday, with U.S. prices down by more than 8% to suffer their largest one-day loss since late April. A resurgence of COVID-19... → Read More
Oil futures point higher Sunday night after OPEC+ extends output cuts to July
Crude-oil futures were volatile in electronic trade Sunday night after OPEC and allied nations agreed Saturday to extend a production cut of nearly 10... → Read More
Oil futures end higher, with U.S. prices at highest since early April
Oil futures ended higher on Thursday, with recently announced production cuts, as well as expectations for a rise in demand as some U.S. states emerge from... → Read More