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Commodity Updates: Brent Crude Recovers, Gold Slides

Commodity Updates: Brent Crude Recovers   – Brent crude rose 1.25 percent lower at $63.31 a barrel. It slumped 6.4 percent yesterday, the lowest level in nearly a year.

West Texas Intermediate crude stabilised at $53.53 a barrel after sliding 6.6 percent to the lowest since October 2017.

Aluminium ended 0.3 percent higher.

Gold fell 0.1 percent to $1,221.03 an ounce.

Zinc ended lower for the second day, down 1.88 percent

Lead halted a tow-day rally, down 2.1 percent.

Copper halted a five-day rally, down 1.2 percent.

Nickel ended lower for the second day, down 0.76 percent.

Disclaimer

This article is intended for educational purposes only. The views and opinions expressed are those of individual analysts or brokerage firms and do not represent the views of GoldSilverReports.com. Investors are strongly advised to consult certified financial experts before making any investment or trading decisions.

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