Oil and gold recover after Friday collapse

Oil on Monday morning shows growth after falling in end of last week. At 10:44 Brent grade climbed $ 3.24% to the level of $ 51.28, WTI rose in price by 2.66% to $ 45.95. The current growth is corrective after a significant the decline that took place last week. Friday Brent reached minimum values ​​since mid-2017; a fall Brent and WTI quotes were 5-7%. Positively to the market influenced by the news that Saudi Arabia considers necessary for OPEC + to further reduce oil production by 1 mln b / d The next meeting of the cartel will take place on the 5th in Vienna, and now investors are awaiting a decision that will adopted on the basis of its results. Correction is also noted in the gold market, last Friday also who lost more than 4%. The collapse was triggered by anxiety players amid the spread of the coronavirus. Today morning precious metal is up 2.23%, reaching $ 1599. Silver added 3.23% and is trading at $ 16.92.