Commodities have started the trading week with gains as markets kept the
Crude oil also had its own bullish factor in form of comments from Kuwait Oil Minister Ali
There are indications that a lot of
high-cost oil production is starting to get out of the market and this will help improve prices.
December futures for delivery of gold advanced 0.69 percent to $1,163.90 per troy ounce as of 9:14 GMT on COMEX today. Contract for silver climbed 1.02 percent to $15.98 per ounce. Copper gained 0.60 percent to $2.4285 per pound.
November WTI crude went up 0.42 percent to $49.84 per barrel on NYMEX today. Futures for Brent crude rose 0.68 percent to $53.01 per barrel on ICE.
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