-- Gold futures are down 0.3% at $2,077 a troy ounce. Despite the move higher, prices over the week are still set to fall 1.4% and 1.8% for Brent and WTI, respectively. As the year-end approaches, iron ore miners are hoping to hit the annual production goal, the analysts add. Strong inventories of iron ore are also putting pressure on prices, the analysts say. The most-traded iron ore contract on the Dalian Commodity Exchange falls 0.8% to CNY968.0 a ton.

Source: Wall Street Journal December 29, 2023 12:33 UTC