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Gold price up as USDX dips, crude oil gains – KITCO

(Kitco News) – Gold prices were firm in early U.S. trading on Monday, supported by a bullish daily “external market” that predicts a decline in the U.S. dollar index and a slight increase in oil prices. Silver prices have remained mostly stable. Precious metals’ gains are limited to some extent by a slight rise in […]

Surprise Build In Crude Oil Inventories Weigh On Prices – OilPrice.com

U.S. crude oil inventories rose by 483,000 barrels this week for the week ending Jan. 12, after analysts had expected 2.4 million barrels, according to the American Petroleum Institute (API). API reported that crude oil inventories decreased by 5.215 billion barrels in the previous week. On Tuesday, the Department of Energy (DoE) reported that crude […]