Commodity Capsule: Global coffee, raw sugar prices surge; gold sees sharp rebound | Watch video

Crude Oil Extend Weakness

Oil prices extend fall to Friday; Set to post second straight weekly fall

Demand concerns and skepticism that United States and Iran could strike nuclear deal.

Brent crude futures traversing a narrow range of $75-78/barrel, while US WTI crude hovers under $73/barrel

For the week, both the benchmarks are on track for losses of about 1%

Oil prices had risen early in the week following Saudi Arabia's pledge for deep output cuts

Crude Oil pared gains after rising U.S. fuel stocks and weak Chinese export data.

Gold, Silver Witnesses Sharp Rebound

Gold and broader metal markets steadied on Friday

Precious metals are set for second week of gains

Weaker dollar supports bounce back in the previous session

Market bets Federal Reserve will pause its rate hike cycle next week.

Yellow metal marked its best intraday gain in two weeks on Thursday

Jump in weekly US jobless claims ramped up bets on a Fed pause.

Base Metal Prices Steady

LME Copper Prices held steady on Friday; Metal was on track for 2nd consecutive weekly gain 

China begins to roll out measures to support its economy, weaker dollar provides relief

China's financial boost and nationwide campaign to promote automobile purchases

Global Coffee, Raw Sugar Prices Surge

Robusta Coffee hits all-time-high past $2700/tonne

ICE Raw Sugar prices bounce from 7-week lows

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