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Expectations for an increase in supply from Iraq, oil fell. Gold also a fall

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Oil with a fall after Iraq said it would increase supply to offset prices. Futures fell more than 1% today, after the statement by the Minister of Oil in Iraq .. WTI for March delivery traded at a price of $ 47.31 a barrel, marking a decrease of 47 cents. March Brent rose $ 1.04, or 2.2% are to $ 49.03 a barrel. It is possible that in the coming hours to see a rise in the price of "black gold" because of lower stocks in the US, which recorded 2.5mln. barrels, against expectations of 2.6mln.

Gold for immediate delivery declined 0.2%, after having reached highs of $ 1,305.25 per barrel as was not reached by August 15. Expected incentives from the European Central Bank are in positive to gold, as the likelihood to rise in the coming days is high.

Silver for immediate delivery reached a price of $ 18.05 per ounce in early session yesterday closed at $ 18.12. Incentives remain positive sentiment.

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