WTI drops below $50 on Friday

Source: CNBC
© Reuters
West Texas Intermediate traded 1.54% lower at $49.78 per barrel by 14:10 GMT on Friday on the New York Stock Exchange, whereas Brent futures traded 1.73% lower at $51.05 per barrel. In the meantime, gold jumped 0.39%, trading at $1,277.70 per troy ounce, and silver rose 0.45%, trading at $17.345 per ounce.

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