Gold and silver rallied today thanks to
Crude oil gained today, following yesterday’s huge slump, on speculations that economic growth in the United States will support steady demand. While there were talks about potential downside risks for growth, the general consensus is that the United States are firmly on track to recovery. Prices for oil were falling previously on speculations that geopolitical tensions in Iraq and Ukraine will not affect supply. August futures for delivery of WTI crude rose 0.60 percent to $102.90 per barrel on NYMEX today. Brent grade of crude oil added 0.30 percent to $108.61 per barrel on ICE.
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