Brent Crude Falls 1% After Nearing Five-Month High as Gold Slips
Photo: TokenPost
Brent crude fell 1% to $108.48 a barrel at 12:09 p.m. ET (16:09 UTC) on Oct. 20, reversing an earlier climb near a five-month high as gold weakened and copper gained. At the same time, copper rose 0.2% to $14,404 per metric ton, while gold fell 0.2% to $4,152.10 per troy ounce. Copper was the only gainer among the three commodities in the midday snapshot. Earlier, Brent traded near a five-month high as traders weighed Houthi strikes on Saudi infrastructure and reported attacks on ships in the Gulf. Spot gold was down 0.5% at $4,120.87 an ounce at 7:03 a.m.
Source: TokenPost
