#XAU/USD# Prices slid in general, underpinned by a stronger dollar thanks to higher-than-expected Q3’s U.S #GDP data.
#oilprices were still on track for a weekly gain despite previous losses on concerns about supply tightening with Europe’s ban on Russian oil imports. Brent crude futures were down 0.4% to $96.54 a barrel while U.S WTI crude futures lost 0.6% to $88.52. Both instruments were set to gain 3-4% for the week.
Spot #gold dipped 1% to $1,661.86 an ounce while gold futures remained unchanged at $1,665.80. Both were set to end the week higher.
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