Crude oil prices remain at a high level, gold stays interesting

Crude oil prices remain at a high level, gold stays interesting

17 January 2018


Crude oil

After the strong price increase on Friday evening, oil prices can still sustain at the beginning of the week. A weaker US dollar boosts prices, which fell to a three-year low on a trade-weighted basis.


At the beginning of the week, the troy ounce of gold temporarily cost USD 1,345. This is the highest price since September 2017. Prices have risen by approximately seven percent since mid-December.


Base metals are currently also participating in the depreciating dollar. The expectation of good economic data from China also supports the impression, according to experts.

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19/01/2020 15:02:03


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