CATEGORY Technical Analysis

Commodities Weekly: Gold at 2-1/2 month high as safe haven status reborn

Precious metals are on the rebound as the US dollar goes in to pause mode after recent gains, while base metals firm up on supply-side issues. Crude oil prices push higher amid geopolitical tensions while weather-related supply side issues help agricultural commodities. Precious metals GOLD advanced to 1,234 yesterday, its highest level since July 26,…

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