A new US jobs report helped push metals prices up later in the session today.
Articles Tagged "oil price"
Oil – Brent crude futures climbed to a one-week high on Monday after economic data hinted that November saw a growing manufacturing sector in China, Europe and the United States.
Prices for metals and Brent crude oil are up today, though gold and silver are still performing poorly and are set for major losses this month.
Metal prices fell early in the session on Friday before stabilizing.
Metal prices fell today after an unexpectedly positive US jobs data report was released.
A weaker-than-expected US jobs report released earlier this week bolstered commodity prices, but the momentum fizzled on Friday.
Gold, silver and copper experienced losses on the markets today, while Brent crude rose slightly.
Commodities gained some ground on Friday after falling early in the week due to investors' continued uncertainty over the future of the Federal Reserve's stimulus program.
Commodity prices this week revolved around the U.S. Federal Reserve's two-day meeting and later its announcement regarding the monetary stimulus program.
Commodities experienced losses this week as speculation over the Federal Reserve tapering its stimulus program and fears of a US military strike on Syria weighed on investors.