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Base metals in red on weak demand

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 12, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Precious Metals Settle Higher on Weaker Greenback Gold settled higher during the last trading day of the prior week, jumping to a more than one-week top amid a weaker Greenback, which lost its value on the back of ongoing skepticism about the ability of the US Central bank to hike rates sooner and at a faster pace than it was originally estimated. On the Comex division of the New York Mercantile Exchange, gold futures for delivery in June reached a midday peak of $1,245.30 a troy ounce,

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