Published on 22/01/2021 9:09:30 AM
Commodities:
Oil prices fell in early trade on Friday, retreating further from 11-month highs hit last week, on worries new pandemic restrictions in China will curb fuel demand in the world's biggest oil importer. Gold eased on Friday as U.S. Treasury yields edged higher, although prices were set to post their best week in five helped by a weaker dollar and further stimulus bets.
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Published on 21/01/2021 9:53:43 AM
Commodities:
Oil erased its increase after an industry report showed U.S. stockpiles grew lastweek, heightening concerns over lackluster consumption. Gold eased from a two-week high on Thursday as investors booked profits after pricesjumped in the previous session on hopes of a massive U.S. stimulus packageunder the new Joe Biden administration.
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