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Commodity News

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12 December

Gold on MCX settled down -0.65% at 28347 prices continued to drift lower with fresh 4-month low amid expectations the Federal Reserve

11 December

Crude oil prices fell on Monday amid concerns that rising U.S. output could undermine efforts by OPEC to support the market by reducing excess supplies.

08 December

Copper rose on Thursday as bargain hunters took advantage of recent losses, although downward pressure exerted on higher levels because of weaker demand from China.

07 December

Gold held near a two-month low on Wednesday, under pressure from an advancing dollar ahead of a vote on the U.S. tax reform plan, but a potential government shutdown lent support to prices.

05 December

Gold prices fell on Monday towards the four-week lows hit last week as the dollar strengthened after U.S. politicians approved a major tax overhaul and the market looked ahead to a meeting of the Federal Reserve later this month.

01 December

OPEC and non-OPEC oil giant Russia agreed Thursday to extend production cuts until the end of 2018, following hours of discussions in Vienna,

30 November

Copper prices dropped for a third day and aluminium fell to the lowest since mid-August as concerns over demand in top consumer China and declining oil prices pushed investors to sell

29 November

Oil prices slipped on Wednesday as doubts set in about Russia’s willingness to substantially extend a deal to curb output between some of the world’s biggest exporters aimed at tackling global oversupply and bolstering prices.

28 November

Crude prices were on the backfoot on Tuesday, extending losses from the prior session as expectations of higher supply in the U.S. combined with uncertainty

27 November

Gold prices drifted higher on Monday, as investors looked ahead to a busy week of Federal Reserve speakers for fresh clues

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