Gold Silver Reports (GSR ) – Spot gold was steady at $1,313.4 per ounce, as of 10 a.m. ET, after hitting its lowest since Jan. 29 at $1,302.11 on Thursday.
Commodities News (3rd Party)
Crude Prices up 1 Percent on Supply Report
International Brent crude oil futures were up 67 cents, or 1.1 percent, at $62.17 a barrel by 1230 GMT. U.S. West Texas Intermediate (WTI) crude futures rose by 51 cents, or nearly 1 percent, to $53.52.
BREXIT PLANS IN 2019
The dollar held at a near three-week high as investors sought the relative safety of the U.S. currency.
Crude Oil hits Multi-Month Lows as Downbeat Mood Persists
Brent crude fell $1.56 to a low of $52.79 a barrel, its weakest since September 2017, before rallying to trade around $53.35, down 11.5 percent on the week, by 1435 GMT.
China Poised to Buy More U.S. Soybeans
China bought U.S. soybeans for the first time in six months after U.S. President Donald Trump and his Chinese counterpart Xi Jinping met on Dec. 1 and set a 90-day negotiating window to resolve their trade differences.
Gold Edges Lower as Dollar Steadies, Equities Up
Spot gold was down 0.2 percent at $1,243.91 per ounce, as of 0415 GMT, while U.S. gold futures were 0.1 percent lower at $1,249.3 per ounce.
Spot Gold May Rise into a Range of $1258-$1266 per Ounce
Spot gold may rise into a trading zone of $1258—$1266 level per ounce, as it has broken a resistance at $1245, Technical Analyst Neal Bhai.
Global stocks extended their slump on worries over slowing growth and fears that a fresh flare-up in tensions between U.S. and China could quash chances of a trade deal.