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Brent, Gold Supported by Draghi Comments

Fri 27 Jul 12 | 02:10 AM ET
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Brent, Gold Supported by Draghi Comments

Fri 27 Jul 12 | 02:10 AM ET
"Markets and that includes all risky assets like commodities right now take their cues from central banks and the pricing period seems to have compressed to such a small time period as to when the next central banker speaks," Sabine Schels, senior director and global commodity strategist at BofA Merrill Lynch Global Research, told CNBC.
 
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