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home / news releases / COM - Commodity Roundup: Crude oil drops 1%; gold awaits clues on Fed rate outlook

COM - Commodity Roundup: Crude oil drops 1%; gold awaits clues on Fed rate outlook

Direxion Auspice Broad Commodity Strategy

2024-02-20 06:13:06 ET

The European Union on Monday launched a defensive naval operation, commanded by Greece, aimed at protecting ships navigating in the Red Sea. On the precious metals front, gold prices were buoyed by safe-haven demand, which kept the metal supported above the $2,000 an ounce mark, while markets also awaited more clarity on the outlook for US interest rates....

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Commodity Roundup: Crude oil drops 1%; gold awaits clues on Fed rate outlook
Stock Information
Company Name: Direxion Auspice Broad Commodity Strategy
Stock Symbol: COM
Market: NYSE
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