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Oil Moves Above $50, Gold Hits New High

Discussion in 'Market News' started by Daily.Forex, Jun 8, 2016.

  1. Daily.Forex

    Daily.Forex Forum Member

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    Oil prices jumped more than 1 percent reaching 2016 highs on Tuesday, with U.S. crude settling above $50 a barrel the first time in almost a year, on concerns of domestic stockpile drops and worries about global supply shortfalls resulting from attacks on Nigeria's oil industry.

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