- Gold prices slipped lower in European morning hours on Friday, as expectations for a U.S. rate hike next week continued to support demand for the greenback and to weigh on demand for the precious metal. On the Comex division of the New York Mercantile Exchange, gold futures for February delivery were down 0.20% at $1,069.90.
- Taking weak cues from overseas markets, silver prices fell by Rs 114 to Rs 34,518 per kg in futures trade today, as participants trimmed positions.In futures trading at the Multi Commodity Exchange, silver for delivery in far-month May next year shed Rs 114 or 0.33% to Rs 34,518 per kg in a business turnover of 7 lots.
- US crude prices remained near 2009 lows in early Asian trading on Friday as oil output in the Middle East continued to rise despite an existing global glut.US crude futures were at $36.67 per barrel at 0029 GMT, down 9 cents from their last settlement, and only slightly above 2009 lows of $36.38 reached on Thursday.
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