Oil prices fell today as Iran agreed to dismantle its nuclear program , starting on January 20 in accordance with the terms of the deal , which will facilitate some sanctions against the fifth- largest oil producer in OPEC.

WTI crude oil fell 1.2 percent , after the "Six" and Iran said the launch of the first step, the Geneva agreements January 20, 2014 . Head of EU diplomacy , Catherine Ashton stated that "six" prompt IAEA monitoring of Iran's nuclear program in the framework of the Geneva agreements .

The first tranche of $ 550 million of the $ 4.2 billion frozen Iranian assets abroad will be paid to Iran in early February .

At the same time, some analysts believe that the current developments around Iran does not involve rapid recovery in oil exports from the country , which hinders reduction of quotations .

"The news on Iran negatively affects the cost of raw materials. However, this year we should not expect significant growth in exports, as was achieved only an interim arrangement , "- said the chief analyst Commodities bank SEB AB Bjorn Shildrup .

Meanwhile, adding that investors in the oil market also continue to win back the data from the U.S.. On Friday, the country's Ministry of Labor reported that the number of jobs in non-agricultural sectors of the economy grew by only 74,000 , with the forecast increase of 194 thousand.

It is also worth noting that hedge funds have become less optimistic about the WTI oil for the first time in six weeks, as fuel stocks rose . Money managers reduced the number of net long positions by 8.6 percent for the week ending January 7 , showing the largest decline since June. So-called short positions were at maximum in April.

February futures price of U.S. light crude oil WTI (Light Sweet Crude Oil) fell to $ 93.38 per barrel and then fell to $92.14 a barrel on the New York Mercantile Exchange.

February futures price for North Sea Brent crude oil mixture fell 15 cents to $ 107.13 a barrel on the London exchange ICE Futures Europe.

Gold prices have stabilized today , little departing from the one-month high , as many experts have continued to analyze the weak U.S. employment data , which led to a review views on reducing the volume of asset purchases by the Federal Reserve System.

Earlier today, the price reached a high of $ 1,254.05 an ounce - the highest since Dec. 12 , as some have begun to interpret the data on employment in favor of the fact that the Fed will keep interest rates low for longer than expected .

Recall that in December, the number of non-farm payrolls increased by only 74 thousand , compared with an increase of 241 thousand in the previous month , which was revised up from 203 thousand add that this was the lowest monthly increase in within three years.

In addition, the Department of Labor reported that the unemployment rate fell to 6.7 % from 7% , although this decline was largely the result of reducing the number of workforce.

Economists had expected the number of people employed in December to increase by 194 thousand and the unemployment rate will remain unchanged - at around 7.0%.

"Macroeconomic factors and the dollar is still the driving forces for gold, and it is also evident from the price movement on Friday . Gold is still reacting to the U.S. data , more than any other tools , " the analyst said VTB Capital.

"Prices may continue to rise to the level of $ 1,267 . The U.S. stock market began reporting season , so in the case of strong frustration in the financial results of companies money can return to the gold market , "- said an investment analyst at Phillip Futures Joyce Liu . " However, the overall macroeconomic forecasts remain unfavorable for gold , especially given the rise in bond yields and good prospects for the dollar. The price of gold will be supported on this week, but the rally may soon be over . "

It should also be noted that the high demand in China began to decrease, however, the ">Data released Friday showed that hedge funds and money managers increased their net long positions in gold futures and options in the second week in a row.

Cost February gold futures on the COMEX today rose to $ 1248.80 per ounce.