Gold

Gold prices rose 0.3% to $2,638.66 per ounce, but will end the second straight week with a decline (-0.4%). Gold futures added 0.5% to $2,661.00. Support is expected at $2,550 and resistance at $2,700, with bearish sentiment due to profit taking after gains this year. The market awaits the US jobs report which could influence the Fed's rate cut trajectory. The strengthening dollar and the absence of geopolitical tensions reduce the attractiveness of gold. In this context, gold remains under pressure, although its long-term dynamics will depend on further economic signals.

Oil

Oil prices fell slightly, with Brent down 0.1% to $72.03 a barrel and WTI down 1 cent to $68.29. Brent is losing more than 1% for the week, while WTI maintains a 0.1% gain. OPEC+ postponed production increases until April and extended cuts until the end of 2026 due to weak demand, especially in China, and rising supply in other regions. Analysts forecast an oil surplus of more than 1 million bpd in 2025 despite Saudi Arabia's discipline. Demand may remain below expectations, even amid a weaker dollar and expectations of Fed rate cuts.