Oil continues to rise, Gold declined

Oil continues to rise, noting the third straight day of increases. Futures rose 1.7% or 82 cents to $ 49.61 a barrel after yesterday added 14 cents to the price. This week "black gold" fell by 6.8% and for the past year reported a nearly 50% decrease after the proposed amount exceeds at times sought and refused by OPEC to reduce supply. Brent for the February delivery added 17 cents, or 0.3% to $ 51.13

Gold declined for a second day before the Release of US unemployment, which will affect the direction of the action by the Federal Reserve for the future. Bullion for immediate delivery traded at a price of $ 1,209.96 an ounce, the loss is 0.2% precious metal rose to $ 1,223.19 this week, which was the highest level since December 16. For the February delivery gold noted levels 1,208.50 $ an ounce, and this week reached a one-month highs at $ 1,223.30 price per ounce.

Silver for immediate delivery rose 0.1 percent to 16.38 per ounce. Spot platinum added 0.1% to its value to $ 1,219.38 an ounce, while palladium rose 0.2% to $ 793.13 an ounce, noting the second consecutive week of decline.

Varchev Finance