Gold for April Delivery in New York Advance for a Fourth Day, Gaining 0.3%

[Muthukali]

Gold for April delivery climbed for a fourth day on the Comex in New York, gaining as much as 0.3 percent to $1,717.40 an ounce. It traded at $1,716.90 an ounce at 6:05 a.m. Singapore time. Cash gold was little changed at $1,714.68 an ounce.

May-delivery silver rose for a fourth day, adding as much as 0.5 percent to $34.375 an ounce, before trading at $34.37 an ounce on Comex. Spot metal also increased for a fourth day, advancing 0.2 percent to $34.3725 an ounce.

 

[Muthukali]

Oil Drops From Highest Settlement in More Than a Week in New York Trading

Oil for April delivery slid as much as 45 cents, or 0.4 percent, to $106.95 a barrel in electronic trading on the New York Mercantile Exchange and was at $107.03 at 9:23 a.m. Tokyo time. The contract climbed 82 cents to settle at $107.40 a barrel on March 9, the highest close since March 1.

Brent oil for April settlement dropped 37 cents to $125.61 a barrel on the London-based ICE Futures Europe exchange.