Investing.com investing.com 05 Jan, 2021 07:30 am

Gold Soars, Oil Pares Back, Bitcoin Wobbles

Gold Soars, Oil Pares Back, Bitcoin Wobbles
Commodities Analysis by MarketPulse (Craig Erlam) covering: US Dollar Index Futures, Crude Oil WTI Futures, BTC/USD. Read MarketPulse (Craig Erlam)'s latest article on Investing.com

com/analysis/gold-soars-oil-pares-back-bitcoin-wobbles-200549542 By MarketPulse (Craig Erlam)   |  2 hours ago (Jan 05, 2021 12:04AM ET) Oil pares gains as lockdowns become more severe New and extended lockdowns may be taking their toll on broader risk appetite today and it may have taken the edge off oil prices which appeared to be continuing their impressive late 2020 run into the new year.The lockdowns are becoming more severe which is going to naturally take its toll on demand, the difference this time being that the end is in sight and OPEC+ has its house in order.By MarketPulse p Commodities 2 hours ago (Jan 05, 2021 12:04AM ET) www.Gold eyeing $2,000 Gold burst through $1,900 to start the year with a softer dollar giving the yellow metal the kick it craved.

This is Bitcoin as we all know it, as was the sudden and sharp pullback it experienced at the start of the year.com Gold surged on Monday to start the new year on a high note, gaining 2.

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