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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.

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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

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