Crude Oil, Gold, and Other Commodity Prices Rise, Dollar Strengthens Against Yen and Euro
U.S. and Brent crude oil elevate in value with December delivery expected to hit $85.39 and $90.13 per barrel respectively, while the dollar sees an uptick to 150.03 against the yen and a downturn of the Euro to $1.0567.
- Both U.S. crude oil and Brent crude oil saw a price increase - with December deliveries expected to hit $85.39 and $90.13 per barrel respectively.
- December delivery for gold continues to climb, reaching $1,994.90 per ounce - an increase of $8.80.
- Contrary to the rise in other commodities, silver and copper for December delivery fell in price to $23.01 per ounce and $3.59 per pound respectively.
- Wholesale gasoline for November and natural gas prices rose, while heating oil saw a decrease.
- The U.S. dollar increased in strength against the Japanese yen, rising to 150.03, and weakening the Euro to $1.0567.