Oil Jumps And Gold Drops As US And China Move To Lower Tariffs

Oil, metals and crop commodities rallied while gold fell after China and the US agreed to lower tariffs on each other’s economies after a weekend of trade talks.

Also Read: Nasdaq 100 Enters Bull Market After US-China Truce

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Oil Jumps And Gold Drops As US And China Move To Lower Tariffs

Brent crude added as much as 3.7% in London while copper in London rose 1.4%. Gold futures fell as haven demand eased. Soybeans and iron ore also jumped.

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Oil Jumps And Gold Drops As US And China Move To Lower Tariffs

Brent crude added as much as 3.7% in London while copper in London rose 1.4%. Gold futures fell as haven demand eased. Soybeans and iron ore also jumped.

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