US Dollar declines, crude oil drops over 6%
pre-market1 source ↓written by the desknot a recommendation
- in crude oil
- 6% drop
Overnight, the US dollar fell, contributing to a 6% drop in crude oil prices. In the domestic metals market, base metals generally rose, with alumina up 4.82% and coking coal up 9.05%. Precious metals also gained, with COMEX gold up 1.11% and silver up 2.89%.
The mixed performance in ferrous metals indicates potential volatility, while rising alumina and coking coal prices may benefit related sectors. 📈
Not investment advice. For informational purposes only.