However, there are concerns about a new coronavirus outbreak. In Europe and the United States Including the uncertainty in the US presidential election And the final debate of the two candidates made investors move cautiously.
Oil price Add up on thursday After the number of US weekly unemployment benefits. Down to the lowest in the COVID Along with the progress of negotiations for economic stimulus packages. Increase the likelihood that the energy demand trend will look better
The price of oil was also boosted by a speech by Russian President Vladimir Putin that Russia did not rule out the possibility of a slowdown in production. The OPEC member states are preparing to do so in January.
West Texas Intermediate (WTI) crude oil futures for December delivery rose 61 cents, or 1.5 percent, to $ 40.64 a barrel. While the contract of crude oil Brent, North Sea, London December delivery was up 73 cents, or 1.8%, to US $ 42.46 a barrel.
As for the price of gold Fell on thursday From the appreciation of the US dollar And the same goes for the yield on US government bonds. By the Comex market gold futures The December delivery period fell US $ 24.90 or 1.3% to close at 1,904.60 USD an ounce.