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Investors believe BoJ will not introduce any meaningful stimulus while the US Fed will not lift rates.
Goldman issues projections of rising Russian oil production while precious metals tumble on stronger dollar
The Group of 20 summit was dominated by discussions over the impact of the Brexit vote.
UK services sector PMI Index fell to 47.4 in July from 52.3 in June denting oil market confidence.
The ECB has said it will wait for at least another six weeks before deciding on the stimulus.
The gains come ahead of the ECB's monetary policy decision scheduled for today.
The UKOP pipeline is co-owned by Royal Dutch Shell, US firm Valero and France's Total.
Gold and silver head lower as oil price decline is halted by decline in US stockpiles.
Taking a cue from mixed close on Wall Street overnight, Asian stocks move both ways.
Experts at Sucden Financial predict gold price range also say silver will continue outperform gold.
Japan's SoftBank slipped more than 10% amid its decision to acquire UK chip-designer ARM Holdings.
Gold stabilises but oil continues to falter in early US trading as demand concerns weigh on investor sentiment
Oil Search has three days to submit a higher offer before InterOil can enter into a deal with ExxonMobil.
Analysts say investors appear relieved over the failed coup bid in Turkey.
As oil prices rose, precious metals continued to slide on receding safe-haven demand.