CL
Crude fell after Federal Reserve Bank of New York President William C. Dudley said he’s “getting more hopeful” about the U.S. economy, signaling that the central bank may reduce stimulus. Futures dropped as much as 1.2 percent. The New York Fed chief pointed to payrolls growth as a positive sign in the text of remarks given in Flushing, New York, today. The policy-setting Federal Open Market Committee is buying $85 billion of bonds every month to spur growth and has said it plans to slow the purchases when the economy improves. Crude was traded around 93.00 dollars
GOLD
Gold fell the most in a week as a global equity rally cut demand for precious metals as alternative investments. Investors awaited details of the last Federal Open Market Committee meeting to be published on Nov. 20.Janet Yellen, the nominee to replace Ben S. Bernanke as Federal Reserve chairman, signaled on Nov. 14 that she would continue record stimulus until the U.S. economy is stronger. the gold drop to 1273 dollar per an ounce.