The cost of oil futures rose moderately , which was due to the weakening of the dollar, and the yield of U.S. data . In addition, we note that further price increases hampered by the fact that today the five permanent members of the UN Security Council agreed on a resolution on the elimination of chemical weapons in Syria.

The document does not contain an automatic threat of a military strike ( Moscow insisted on this ), which significantly reduces the risk of large-scale military conflict in the Middle East.

The UN Security Council plans to vote on the draft resolution on the Syrian chemical weapons on Friday at 20:00 New York time , according to Mission of France to the United Nations.

Voting is planned at the level of foreign ministers after the relevant conclusions of the Organization for the Prohibition of Chemical Weapons ( OPCW). Earlier it was reported in the draft conclusion of the OPCW on Syria , in particular, states that its inspectors can start work in Syria on October 1.

As for the U.S. data , they showed that personal spending , which measure how much Americans spent on goods and services , ranging from automobiles to medical care, rose in August by 0.3 % compared to the previous month. The August result followed upwardly revised growth of 0.2% in July. Personal income , including wages, investment income and government assistance have risen by 0.4 %. Economists had expected personal income to grow by 0.5 % , while personal spending to increase by 0.3 %.

The report said that the slow progress in the labor market and the economy as a whole led to a small increase in wages, which allows Americans to spend more money and to lift the economy in general. Households stepped up spending on durable goods such as cars and refrigerators, despite higher interest rates in the late spring .

This development is crucial for the U.S. economic recovery. Consumers are the largest source of growth for the economy , providing more than two-thirds of economic demand in the United States . Their willingness to support the costs of this year, despite the higher taxes on wages , has caused further economic growth .

The cost of the November futures on U.S. light crude oil WTI (Light Sweet Crude Oil) rose to $ 103.66 a barrel on the New York Mercantile Exchange.

November futures price for North Sea Brent crude oil mixture rose $ 0.10 to $ 109.26 a barrel on the London exchange ICE Futures Europe.

Gold prices rose markedly , while adding more than 1 percent , as the debate on the budget of the U.S. and fears about the prospects for the policy of the Federal Reserve increased consumer interest . Recall that Congress must reach an agreement on the federal budget for the following Monday , otherwise the government will stop working . A separate agreement to raise the national debt ceiling has to be taken to the middle of October , or the Ministry of Finance may be faced with the necessity of defaulting on the national debt .

We also add that the rise in prices for the precious metal has surged after a key resistance level .

Meanwhile, in the course of trade impact statements of the head of the Federal Reserve Bank of Chicago Charles Evans , who said that the plans to raise interest rates helped lift growth in the United States .

Speaking at a conference of central banks in Oslo , Norway , Evans said the better-than -expected U.S. economic growth in the period from 2009 to 2013 is associated with messages about the Fed's future policy.

"Crosswinds , which influenced the growth between 2011 and 2013 without the promise from the Federal Reserve to keep interest rates low for an extended period of time, would worsen the situation. In addition , Evans said that monetary policy is used as a weapon against financial instability will lead to inflation below 2 % , the Fed's second goal . Evans also said that the central bank was not quite ready to cut purchases at the last meeting in September , and he sees that the U.S. unemployment rate should fall below 6.5 % before raising the federal funds rate .

Also, note that the physical demand in China is low , according to traders in Hong Kong , making ">The cost of the October gold futures on COMEX today rose to $ 1338.30 per ounce.

GOLD 1,322.20  -13.70 -1.03%

OIL (WTI) 103.01  0.35 0.34%