Copper rose more than 6 percent on Friday, its strongest daily gain in 18 months, as economic stimulus moves by central banks raised investor confidence over growth of industrial metals demand.
0731-6619000
Monday, 6 May 2013
U.S.CRUDE
U.S. crude rose $1.27 a barrel to a one-month high of $96.88 at 0000 GMT on Monday, down slightly from a high of $96.97. On Friday, it settled up $1.62, or 1.7 percent, at $95.61, its highest close since April 3.
0731-6619000
BRENT CRUDE
Brent crude also rose $1.14 to $105.33 a barrel after it previously settled at $104.19 a barrel.
0731-6619000
GOLD
Gold added $3.46 an ounce to $1,473.66 by 0037 GMT after rising as high as $1,487.80 on Friday, its strongest since April 15, on safe haven buying after a cut in interest rates by the European Central Bank and the U.S. Federal Reserve’s decision to stick to its stimulus programme.
0731-6619000
Subscribe to:
Posts (Atom)