Crude rises as gold holds steady


(MENAFN- ProactiveInvestors - Australia)  July oil futures were up 0.5% to US$93.74 a barrel overnight after the Energy Information Administration said supplies fell 6.27 million barrels to 391.3 million last week. August gold futures were steady and added 0.1% to settle at US$1,398.50 an ounce on Comex, with the yellow metal receiving some support as a safety haven and store of wealth following disappointing jobs data - which sparked a sell-off on Wall Street. Gold is currently higher in the spot market and last traded at US$1403 an ounce.


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