Gold slips to two-week low as trade tensions ease
Gold eased on Thursday to hit its lowest level in two weeks as the dollar’s strength and easing trade tensions dulled the metal’s safe-haven allure, while investors looked forward to the U.S. non-farm payrolls report due this week.
Oil prices take breather after prospect of increased supply triggered selloff
“In the near term, the path of least resistance remains tilted to the downside,”
“The dual impact of deteriorating demand and looming supply expansion has created a pessimistic outlook for crude, with Brent crude appearing vulnerable to test $55 per barrel,”