Crude Oil fell on Friday because of slower growth in China and weaker U.S. consumer sentiment, offsetting a supportive report showing an improving manufacturing sector in the United States. Gold fell more than 1 percent on Friday to a six-week low, hurt by a drop in oil prices, gains in the dollar versus a currency basket, and Greece's approval of an austerity package, which cut the metal's appeal as a haven from risk. Copper steadied on Friday after mixed data showed the pace of manufacturing growth in the United States had increased in June, but that factory activity in top metals consumer China had slowed
raising concerns about demand.
raising concerns about demand.
