#ZeeBusiness Gold tracks 5th weekly gain, oil steady, copper lifts on China demand
Gold tracks 5th weekly gain, oil steady, copper lifts on China demand
Gold prices steadied on Friday, holding near $3,678 an ounce, set for a fifth straight weekly rise after the US Fed cut rates. Oil traded flat, with Brent at $67.50 and WTI at $63.50, both poised for a second week of gains. Copper rebounded toward $10,000/ton on restocking in China ahead of the holiday, while iron ore rose on stronger steel demand. Sugar hit multi-year lows on ample supplies from Brazil, India, and Thailand.
#GoldPrices #OilMarket #CopperDemand #CommodityUpdate #IronOre #SugarMarket #GlobalEconomy #ChinaDemand #USFed #EnergyMarket
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