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Commodities

Gold Stable, Eyes on Fed Meeting

Gold prices rose on Wednesday, September 16th, thanks to the dollar’s decline, as investors awaited the outcome of a meeting of the Federal Reserve (US Central Bank) in search of details of the bank’s plans to balance interest rates against its inflation target. Gold rose in the spot market 0.2% …

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Gold Settles at Two-Week High

Gold prices rose on Tuesday, for the second consecutive session, to its highest level in about two weeks. The yellow metal futures for December delivery gained $2.50, or 0.1%, to settle at $1,966.20 per ounce. This is the highest closing level for gold futures since the beginning of the month.

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Oil Down Amid Demand Concerns

Oil prices fell on Monday, due to concerns and negative expectations for the global demand outlook. The global benchmark Brent crude futures settled lower by 22 cents, or 0.6%, at $39.61 per barrel. Meanwhile, the US West Texas Intermediate (WTI) crude futures closed lower by 7 cents, or 0.2%, at …

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Gold Settles Higher as USD Weakens

Gold prices rose on Monday amid a decline by the US Dollar and the Treasury Yields, and despite a rise in stock markets amid an improved risk appetite. Gold futures for December delivery finished higher by $15.80, or 0.8%, at $1,963.70 per ounce. As for silver futures, the December contracts increased by …

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