Daily Metal Market News & Metal Prices
 
Daily Metal Prices & Market News
Wednesday 10th of March 2010
Monday, February 20, 2006

Gold higher on crude oil gains

Story link: Gold higher on crude oil gains
by Brian Turner
Gold higher on crude oil gains

The price of gold in London on Monday was affected by higher oil prices, gaining $1.70 from New York’s closing on Friday to $553.40/$554.30.

The price of oil was pushed up by political unrest in Nigeria that led to attacks against oil production and distribution facilities, kidnappings, and threats to extend the violence to attacks on oil tankers.

 

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