Market Activity
Oil Fell But Gold & Silver Rose
According to trading data, global oil prices fell by more than 3% on Friday due to increasing concerns about demand for raw materials in the light of the ongoing coronavirus pandemic. The cost of January futures for Brent North Sea oil mix fell by 3.37 percent, to $39.55 per barrel, and December futures for WTI crude oil fell by 3.92 percent, to $37.27 per barrel. At the same time, Brent crude oil grew by more than 5%, and WTI by 4% this week. The rise in human infections with the latest coronavirus and the possibility of repeated economic shutdowns in
