Gold costs slipped on Friday to a 2-week low, the largest weekly loss in a month because the greenback superior off the again of sturdy U.S. financial knowledge.
In the meantime hedge funds and cash managers raised their subsequent lengthy positions in Comex gold within the newest week.
Oil costs additionally dropped on Friday however ended the week greater on rising considerations over provide disruptions within the Center East attributable to U.S. and Iran political tensions.
Speculators minimize their subsequent lengthy positions in U.S. Crude futures and choices within the newest week.
The place are commodity costs heading subsequent? Watch Phil Carr at The Gold & Silver Membership evaluation Gold, Silver and Crude Oil with the most recent worth forecast and predictions: