Oil traded near six-year lows after the levels of oil stocks rose in the US. Futures made a slight change after yesterday declined by 1% against the US data on stocks of "black gold", which showed 402.1 million barrels. WTI for March delivery was trading at $ 45.19 a barrel, up 4 cents at the end of yesterday's session. Brent for March delivery added 6 cents to $ 48.22 a barrel. The new King of Saudi Arabia announced that oil prices will never go up to $ 100 a barrel.
Gold with the greatest decline for the year, after the rebound of the euro. Speculation that anti-European party, won the elections in Greece will give up some of their promises and this will have no impact on the European Union a positive impact on the single currency, which in turn raise the price of the precious metal. Bullion for February fell by 1% to $ 1,279.40 an ounce.
March silver fell 1.7 percent to 17.98 per ounce, which is the largest decline of 31 December. Platinum for April's supplies diminish its value by 1.1% to $ 1,255.05 an ounce and palladium in March increased by 1% to $ 781.85 an ounce.
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