- Natural Gas futures fell during noon trade in the domestic market on Friday as investors and speculators exited positions in the energy commodity tracking weakness overseas where prices fell on profit taking after a stellar rally in the previous session.The fuel had rallied 8 per cent in the international market on Thursday after a smaller than expected build in US storage levels signaled a pickup in demand for the fuel in the world’s biggest gas consuming nation.
- Gold prices held steady at three-week highs on Friday, as the Bank of Japan’s stimulus measures disappointed market expectations and as the Federal Reserve’s decision to leave its monetary policy unchanged continued to support. On the Comex division of the New York Mercantile Exchange, gold futures for December delivery were little changed at $1,341.75.The August contract ended Thursday’s session 0.50% higher at $1,341.20 an ounce.
- U.S. oil futures fell to fresh three-month lows on Friday, as concerns over a global glut of oil and refined products continued to dominate sentiment.U.S. crude futures for September delivery dropped 0.80% to a three-month low of $40.83 a barrel. On the ICE Futures Exchange in London, the October Brent contract tumbled 0.99% to $42.80 a barrel, the lowest since April.
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