Commodity Roundup: Oil drops as Trump vows to pump more oil; gold trade cautiously

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Jan. 21, 2025 5:58 AM ETUnited States Oil Fund, LP ETF (USO), GLDUCO, DBO, UNG, FCG, USL, SCO, UNL, BNO, BOIL, KOLD, GUSH, DRIP, USOI, CO1:COM, XAUUSD:CUR, CL1:COMBy: Arundhati Sarkar, SA News Editor
UK, Manchester, Workers using digital tablet in oil blending plant

Monty Rakusen

Oil prices slipped on Tuesday as market participants assessed U.S. President Donald Trump’s plans to boost U.S. oil and gas production, while gold prices advanced despite a stronger dollar.

Trump also delayed new tariffs on imports from Canada and Mexico, saying

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