TOP STORY:Gold Prices Hit New Record, Are Set for Even More GainsGold futures hit a fresh record as geopolitical tensions simmer and economic uncertainty mounts, and they look set to climb even higher. MARKET TALKS:Palm Oil Ends Lower Amid Demand Concerns, Price Adjustment -- Market Talk1006 GMT - Palm oil ended lower amid demand concerns and price adjustments after a recent rally. If China's stimulus policies are strong enough to spur consumption, palm-oil prices could continue their upward trend, it said. (sherry.qin@wsj.com)--Oil Steady But on Track for Significant Weekly Loss0803 GMT - Oil prices are broadly stable in early European trading but still on track for a weekly loss of around 6%. Iron ore may increasingly rely on stimulus to prop up prices, which may disappoint some investors, they add.
Source: Wall Street Journal October 18, 2024 12:18 UTC