UAE. The Dubai Precious Metals Conference last week discussed if the silver bubble had burst. The resulting poll showed the audience believed the rally is by no means over, and that silver could rise to US$100.
SAUDI ARABIA. The combination of accelerating US supply, weaker than expected global demand, stabilization in geopolitics, and an appreciation of the dollar, led to oil prices dropping to an average of US$102 per barrel, according to the latest Jadwa Investment Global Oil Market Update.