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Stock impact report

Commodity Roundup: Gold at record high, oil reverses gains [Seeking Alpha]

Gold Royalty Corp. Common Shares (GROY) 
Company Research Source: Seeking Alpha
Spot gold ( was up +1.18% to $2,442.64 an ounce , after hitting a record high of $2,449.89 earlier in the session. The metal clocked a second-straight weekly gain on Friday. Silver topped $30/oz to a decade high amid surging investor interest. A soft U.S. dollar and expectations the Federal Reserve is expected to cut rates soon has helped gold prices, said Kyle Rodda, a financial market analyst at Capital.com to Reuters. In other news, Saudi Arabian Crown Prince Mohammed bin Salman postponed a four-day visit to Japan as King Salman is being treated for lung inflammation. The trip was scheduled to start Monday. Oil futures changed course to trade lower, with front-month Nymex crude ( CL1:COM ) for June delivery down -0.37% to $79.76 a barrel , and front-month July Brent crude ( CO1:COM ) eased -0.25% to $83.77. The price of Brent ( CO1:COM ) has slumped from a high of $92 in mid-April when tensions between Iran and Israel peaked, to $84 on Sunday open. "A good part of this dec Show less Read more
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