Crude oil prices surge, Gold under pressure

Crude oil prices surge, Gold under pressure

26. syyskuuta 2017

 

Oil

Commodity experts estimate the latest comments by OPEC representatives support Brent Crude Oil prices. The Kuwaiti oil minister sees the oil market still moving to market equilibrium.

 

Gold

Last week’s FED meeting weighed on the gold price. Furthermore, the typical interdependence between the EUR/USD exchange rate and Gold prices was seen.

 

Aluminium

The Aluminium price reached a five-year high at 2.188 USD per ton last week. The global Aluminium production decreased in August 2017.

 

 

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18.7.2019 13:49:10