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.

Spread the love

Neal Bhai has been involved in the Bullion and Metals markets since 1998 – he has experience in many areas of the market from researching to trading and has worked in Delhi, India. Mobile No. - 9899900589 and 9582247600

Leave a Comment