29/02/2024

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Commodity Roundup: Oil gains; gold faces weekly loss on stronger dollar

Commodity Roundup: Oil gains; gold faces weekly loss on stronger dollar

Commodity Roundup: Oil gains; gold faces weekly loss on stronger dollar

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Oil prices edged up on Friday after losses in the prior session as U.S. Secretary of State Antony Blinken prepared to visit the Middle East to try and prevent the Israel-Gaza conflict from widening, while as market participants also awaited U.S. December employment data.

Crude oil data showingCiti’s oil priceCL1:COMCO1:COM