Crude oil jumps 9%, mixed performance in metals market
pre-market1 source ↓written by the desknot a recommendation
- overnight
- 9%
- fell
- 2.47%
- declined
- 2.12%
- respectively
- 2.84%
- rising
- 0.47%
Crude oil prices surged over 9% overnight, while base metals displayed mixed results. LME tin fell 2.47%, and SHFE gold and silver declined by 2.12% and 2.84% respectively, driven by rising rate-hike expectations amid escalating geopolitical tensions. Iron ore and stainless steel were among the few gainers, rising 0.47% and 1.85% respectively.
Not investment advice. For informational purposes only.