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Gold Dec 22 (GC=F)

COMEX - COMEX Delayed price. Currency in USD
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1,754.00+8.40 (+0.48%)
At close: 01:44PM EST
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    Bearish Sentiment Is Building In Oil Markets Once Again

    Bearish sentiment is building in oil markets as China's covid crisis continues, U.S. oil inventories build, and the oil price cap faces questions


    Dow futures 60 pts higher; Tesla to recall some China-made cars

    At 07:00 ET (12:00 GMT), the Dow Futures contract was up 60 points, or 0.2%, S&P 500 Futures traded 5 points, or 0.2%, higher, while Nasdaq 100 Futures dropped 15 points, or 0.1%. The main stock indices were closed for the Thanksgiving holiday on Thursday, and are set to finish early Friday. U.S. stock futures suggest investors are positioning for the Fed to increase interest rates by 50 basis points next month, after four consecutive hikes of 75 basis points.


    European stock futures mixed; German GDP grows in third quarter

    European stock markets are expected to open mixed Friday in thin trading conditions, with investors digesting German growth and consumer confidence data. At 02:00 ET (07:00 GMT), the DAX futures contract in Germany traded 0.1% higher, CAC 40 futures in France climbed 0.1%, while the FTSE 100 futures contract in the U.K. fell 0.1%. On an annual basis, the German economy grew 1.2% in the third quarter, a sharp slowdown from the 1.7% growth seen in the same quarter a year ago.