Oil rises while gold declines in commodity markets
Istanbul, July 20 (Hibya) - Oil prices advanced in commodity markets, while gold and natural gas prices declined. Silver, copper, U.S. soybeans and gasoline prices moved higher, while U.S. wheat posted a slight loss.
Commodity markets displayed a mixed performance on the final trading day of the week.
Gold fell 1.98% to $4,018.47 per ounce, while silver gained 1.29% to 57.055. Copper also advanced 0.16% to trade at 6.2802.
Energy commodities led the gains. Brent crude rose 2.40% to $90.21 per barrel, while West Texas Intermediate (WTI) crude climbed 2.10% to $83.50 per barrel.
Natural gas fell 1.06% to 2.880, while heating oil increased 2.05% to 4.1481. Gasoline (RBOB) futures also gained 0.94% to trade at 3.4247.
Among agricultural commodities, U.S. soybean prices rose 0.38% to 1,207.63, while U.S. wheat slipped 0.16% to 681.62.
Europe Asia News
Facebook
Tweeter
Whatsapp
