FX & CFD trading involves significant risk
Oil prices have spiked to $98.30 per barrel, which gives them a heady 2.5% gain. Natural gas prices are actually down 0.3% to $4.51 per MMbtu.
As for precious metals, gold prices are down fractionally to $1600.60 per ounce after they set a fresh record high near $1608 per ounce during the prior session. Silver also made a strong push higher yesterday, but the precious metal has pulled back today so that it trades with a 0.3% loss at $40.20 per ounce.
In the backdrop, the dollar has declined to a 0.6% loss against a collection of competing currencies.
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