Gold of various weights and sizes sit at Gold Investments Ltd. bullion dealers in this arranged photograph in London, U.K., on Wednesday, July 29, 2020. Gold held its ground after a record-setting rally as investors awaited the outcome of a Federal Reserve meeting amid expectations policy makers will remain dovish, potentially spurring more gains. Photographer: Chris Ratcliffe/Bloomberg

Oil, Gold Trading Pauses as Global Markets Close for Christmas

Global trading in oil and precious metals was suspended on Thursday due to the Christmas holiday, leading to subdued market activity and the absence of daily price updates.
According to the latest closing data before the holiday, Brent crude settled at $62.29 per barrel, while US West Texas Intermediate (WTI) closed at $58.35 per barrel.
In precious metals markets, gold last traded at 4,505.40, while silver closed at 71.685, prior to the holiday pause.

About Parvin Faghfouri Azar

Check Also

Top Oil Traders Eye Swift Return to Venezuela

Some of the biggest international oil trading houses, including Trafigura Group, will discuss with the …

Leave a Reply

Your email address will not be published. Required fields are marked *