(Bloomberg) — Oil and copper dropped while gold edged higher after President Donald Trump said that he tested positive for Covid-19 with just one month left until the U.S. presidential election.Brent crude slipped as much as 4.8%, slumping sharply for a second day. The global crude benchmark helped drag raw materials lower, with copper touching a seven-week low and crop futures falling. A Bloomberg gauge of commodity spot prices had already fallen about 4% from an early September peak amid a pickup in virus cases around the world, and Trump’s positive result fuels more uncertainty over the election.“The market will …read more
Source:: Yahoo Finance
