Gold, Oil and Metals Trade Up as Markets Await Inflation Data

On October 20 at 16:00 GMT, key commodities edged higher ahead of the upcoming inflation report. Gold settled at $4,123.57, a slight dip of 1.79 points or 0.04 %. Silver slipped to $57.515, down 0.485 points or 0.84 %. Crude oil remained firm, with WTI at $98.39 (+0.57, +0.58 %) and Brent at $109.64 (+0.85, +0.78 %). Copper traded marginally lower at $6.5953, a decline of 0.0082 points or 0.12 %. Aluminum posted a modest gain, rising to $3,027.85 (+8.35, +0.28 %). Natural gas slipped to $2.939, a drop of 0.024 points or 0.81 %. Investors are keeping a close eye on the inflation data due next week, which could shape expectations for monetary policy and influence commodity pricing in the coming months.