European Session – Oil and gold fall as Syria concerns ease
Posted on September 10, 2013 at 12:00 pm GMTRisk sentiment was back on today as markets have scaled back expectations of a military strike in Syria. Russia’s proposal to put Syria’s chemical weapons under international control was accepted by Syria and the United States. Crude oil tumbled by over 1 percent today to $107.45 as concerns over the Syria crisis have eased. Gold, the safe haven asset also fell, down to $1,364.54, down over $20 on the day. Adding to upbeat mood was some upbeat economic data from [..]