Commodities: Oil and gold up, copper down

"Oil prices rose on hopes that oil demand growth will outpace supply growth despite the spread of the highly transmissible Delta variant of Covid-19," writes commodity analyst.

Photo: CHRISTIAN HARTMANN/REUTERS / X90079

by ritzau finans

The gold price is up Wednesday as concern over a surge in cases of the coronavirus Delta variant outweighs a stronger US dollar and higher bond interest rates, while investors await US inflation data later in the day.

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Price drops halted, markets stabilized
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Commodities down on strengthened dollar, Covid fears
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