Gold Firm On Weak U.S. Data, North Korea Concerns
Gold prices inched up on Monday as weaker-than-expected economic data from the U.S. and a missile test by North Korea over the weekend pressured the dollar. Spot gold was up 0.1 at $1,229.81 per ounce at 0321 GMT. The yellow metal rose about 0.3 percent on Friday. U.S. gold futures were up 0.2 percent at $1,229.90 an ounce. North Korea said on Monday it had successfully conducted a newly developed mid-to-long range missile test on Sunday.
Oil Jumps After Saudis, Russia Say Supply Cut To Be Extended To March 2018
Oil prices jumped by over 1.5 percent on Monday after the Saudi Arabian and Russian energy ministers said in a joint statement that an OPEC-led crude production cut would be extended from the middle of this year until March 2018. Brent crude was at $51.68 per barrel at 0327 GMT, up 84 cents, or 1.7 percent, from their last close. U.S. West Texas Intermediate (WTI) crude was at $48.64 per barrel, up 80 cents, or 1.7 percent. Get More Commodity Market Tips for click here : www.paceresearchindia.com and Call : 8817774774
Gold prices inched up on Monday as weaker-than-expected economic data from the U.S. and a missile test by North Korea over the weekend pressured the dollar. Spot gold was up 0.1 at $1,229.81 per ounce at 0321 GMT. The yellow metal rose about 0.3 percent on Friday. U.S. gold futures were up 0.2 percent at $1,229.90 an ounce. North Korea said on Monday it had successfully conducted a newly developed mid-to-long range missile test on Sunday.Oil Jumps After Saudis, Russia Say Supply Cut To Be Extended To March 2018
No comments:
Post a Comment