Precious Metals Rose on Higher US Inflation Expectations

Posted January 3rd, 2018 by ChristelGainey and filed in General News

Crude oil prices pulled back but both benchmarks remained above US$ 60/bbl. Concerns over output disruption amidst Iranian protests were offset by the resumption of production in Libya. The front-month WTI contract slipped -0.08% and ended the day at 60.37, while the Brent contract was down -0.45% and settled at 66.57. Precious metals strengthened across the board, probably as US inflation expectations improved.

Originally posted here:
Precious Metals Rose on Higher US Inflation Expectations

Leave a Reply

You must be logged in to post a comment.