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The dollar gained against the ruble Monday after falling during Friday’s session as crude oil prices again fell to five-year lows.
The dollar USDRUB, -0.03% traded at 53.6764 Monday, up from 52.68, its level from Friday afternoon.
The dollar JPYUSD, +0.38% depreciated to 120.5160 yen, its largest single-session drop since Oct. 15. It traded around ¥120.27 Friday.
The euro EURUSD, +0.01% traded at $1.2328 Monday, compared to $1.2300 Friday.
The ICE U.S. Dollar Index DXY, -0.02% , a measure of the greenback’s strength against a basket of six rival currencies, was down 0.26% to 89.1060, its first loss in two sessions.
January platinum PLF5, -0.12% added $9.90, or 0.8%, to $1,229.40 an ounce, while March palladium PAH5, +0.26% fell $4.90 to $797.80 an ounce.
High-grade copper for March delivery HGH5, -0.31% slid two cents to $2.89 a pound.
Nymex reformulated gasoline blendstock for January RBF5, -0.73% — the benchmark gasoline contract — fell 6 cents, or more than 3%, to end at $1.71 a gallon.
Crude-oil prices again tumbled to five-year lows Monday, pressured by forecasts that a global glut of oil will persist into the first half of next year.
On the New York Mercantile Exchange, crude futures for January delivery CLF5, -0.95% dropped $2.79, or 4.2%, to settle at $63.05 a barrel. The U.S. oil benchmark logged the lowest settlement for a front-month contract since July 16, 2009, sliding further just one session after ending at levels last seen on July 29, 2009.
Gold rebounded on Monday as weak global economic data revived safe-haven demand for the precious metal.
Gold for February delivery GCG5, +0.55% rose $4.50 to settle at $1,194.90 an ounce. March silver SIH5, +0.36% gained 2 cents to $16.27 an ounce.
On Friday, gold prices slumped in reaction to a better-than-expected jobs report. Still, the precious metal managed a 1.3% gain for the week.
