U.S. oil prices rose on Friday, settling at a 2 1/2-year high, as investors focused on a disruption to a major crude-oil hub in Oklahoma and looked ahead to a key meeting of the Organization of the Petroleum Exporting Countries next week. West Texas Intermediate crude oil trading on the New York Mercantile Exchange for January delivery finished up 93 cents, or 1.6%, at $58.95 a barrel. For the week, WTI crude oil, the U.S. benchmark, closed with a weekly climb of 1.8%, according to FactSet data. Source: MarketWatch

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Gold futures closed modestly lower on Friday, in shortened trade following the Thanksgiving holiday Thursday. December gold settled down $4.90, or 0.4%, at $1,287.30 an ounce. After an up-and-down week, the yellow metal logged a roughly 0.7% weekly decline, marking its first weekly decline in three weeks, according to FactSet data. The exchange-traded SPDR Gold Trust meanwhile, slipped 0.2%....

The U.S. dollar was on track for a third weekly loss in a row on Friday, driven by a data-supported stronger euro and lingering reaction to the Federal Reserves concern about stubbornly low inflation. Overall, trading is likely to be light in the wake of the U.S.s Thanksgiving holiday on Thursday and an abbreviated schedule for U.S. markets Friday. The ICE U.S. Dollar Index fell 0.5% to...

Gold slipped Friday as investors pocketed some of the yellow metals strong pre-Thanksgiving gain.The metal unhinged from its typically inverse relationship to the dollar, which remained lower in the wake of Federal Reserve signals for a cautious approach to interest-rate tightening into next year. December gold was down $4.90, or 0.4%, to $1,287.40 an ounce. After a see-saw week, the yellow...

Oil advanced to a fresh two-year high as OPEC and Russia were said to have crafted the outline of a deal to extend their oil production cuts to the end of next year. Futures gained as much as 1.5 percent in New York. After days of talks, Moscow and Riyadh now agree on the need to announce an additional period of cuts at the Nov. 30 meeting, although both sides are still hammering out...

Gold is little changed after release of minutes from latest Federal Reserve meeting and as Americans digest their turkey and pecan pie following Thursdays Thanksgiving holiday. Bullion for immediate delivery little changed at $1,290.27/oz at 9:36am in London; -0.1% for week: Bloomberg generic pricing. In other precious metals, Silver +0.08% to $17.1093/oz; -1.2% this week,...

PRECIOUS METALS
December gold settles lower, books 1st weekly drop in three weeks
Saturday, 25 November 2017 00:58 WIB Gold futures closed modestly lower on Friday, in shortened trade following the Thanksgiving holiday Thursday. December gold settled down $4.90, or...
ENERGY
Oil ends at more than 2-year peak on bullish bets ahead of OPEC confab
Saturday, 25 November 2017 02:15 WIB U.S. oil prices rose on Friday, settling at a 2 1/2-year high, as investors focused on a disruption to a major crude-oil hub in Oklahoma and looked...
CURRENCIES
Dollar heads for third-straight weekly loss as euro gains ground
Saturday, 25 November 2017 00:34 WIB The U.S. dollar was on track for a third weekly loss in a row on Friday, driven by a data-supported stronger euro and lingering reaction to the...

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