Gold jumped to a 2-week excessive on Friday because the greenback slipped on U.S. inflation information forward of subsequent weeks FOMC assertion.
In the meantime oil costs fell three% on Friday after U.S president donald trump once more pressured OPEC to boost crude manufacturing to ease gasoline costs.
Nonetheless hedge funds and different cash managers raised their bullish wagers on crude oil within the newest week as costs climbed 6% this month.
The place are commodity costs heading subsequent? Watch Phil Carr at The Gold & Silver Membership evaluate Gold, Silver, Platinum and Crude Oil with the newest value forecast and predictions: