While gold rose, declines were seen in energy commodities
Istanbul, April 17 (Hibya) – During the day, commodities markets saw gains in gold and some metals, while energy products followed a mostly downward trend.
During the day, commodities markets saw gains in gold and some metals, while energy products followed a mostly downward trend.
The ounce price of gold rose 0.28 percent to 4,821.94, while silver also climbed to 79.060 with a limited increase. Copper prices, meanwhile, rose 0.27 percent and traded at 6.058.
By contrast, declines stood out on the energy side. Crude oil (WTI) prices fell 1.45 percent to $93.32, while Brent crude dropped 1.36 percent to $98.04. Limited losses were also seen in natural gas and heating oil prices.
In agricultural commodities, declines were recorded in U.S. soybean and wheat prices, while a drop was also seen in RBOB gasoline.
Overall, a limited rise in precious metals stood out in commodities markets, while selling pressure was seen to be effective in energy and agricultural products.
Eu Day Light