Commodities News

London Gold Fixing Seen Getting New Administrator This Year

2:09 pm ET

The banks that conduct the century- old gold fixing and the London Bullion Market Association will seek proposals next month for a new administrator to run a revamped process for the benchmark by year-end.

WTI Falls to Two-Week Low on Concern Refinery Fire to Cut Demand

4:55 pm ET

West Texas Intermediate oil fell to a two-week low on concern that the shutdown of a Kansas refinery will reduce crude demand.

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