Monday, March 21, 2011

Oil and gold jump today on Lybia events and volatility: ETFs to use

Oil has risen over $2 today, and gold another $12, hitting $1,431.


Will all the volatility and uncertainty in the world today, will gold finally hit $1,500 by the end of Q1 as gold bugs predict?

We track all oil ETFs live here, and gold ETFs live here.

CNN reports: "Oil prices surged more than $2 a barrel in electronic trading Monday after coalition forces launched an attack on Libyan military targets over the weekend.
The benchmark U.S. contract, West Texas Intermediate, gained $2.11 to $103.18 a barrel for April delivery. The more active May contract jumped $2.21 to $104.06 a barrel."

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