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Bullion

Gold drifted slightly higher in Asia with some attention shifting to a tense Himalayan standoff between India and China who fought a brief, but bloody border war over the territory in 1962. Gold futures for December delivery on the Comex division of the New York Mercantile Exchange inched up 0.02% to $1.292.57 a troy ounce. India and China, the worlds top two gold buyers, started a standoff two months ago when Indian troops confronted Chinese forces working on a road over the Doklam Plateau, a strategically important area near where Tibet, India and Bhutan meet, and which both China and Bhutan ... Read more...

Energy

Oil prices fell early on Friday as part of a broad-based selloff across markets and despite signs that crude markets are gradually tightening. Brent crude futures, (LCOc1) the international benchmark for oil prices, were at $50.93 per barrel at 0031 GMT, down 10 cents, or 0.2 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures (CLc1) were at $47.02 a barrel, down 7 cents, or 0.2 percent. Oil traders said the crude falls came amid a selloff across many other markets, including U.S. and Asian stocks, where investors voted with their feet amid growing skepticism U.S. President Donald Trump, embroiled... Read more...