Copper Dropped As Dollar Rose as Investors Assessed Policy And Geopolitical Events.
Copper prices experienced a marginal decline yesterday, slipping by 0.11% to settle at 844.25, as the dollar strengthened amid assessments of policy and geopolitical developments. Investor sentiment was influenced by comments from Federal Reserve officials, coupled with a series of inflation data releases that tempered expectations of imminent rate cuts.
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Oil steadies in Asian trading, Middle East tensions remain in focus.
Oil prices steadied in Asian trading on Tuesday, after falling in the previous session, as investors continued to assess the risk from geopolitical concerns in the Middle East.
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Gold edges higher; hovers near one-week low on tempered Middle East fears..
Gold prices edged up on Tuesday but hovered near a one-week low hit in the previous session, as worries over a wider Middle East conflict subsided, boosting investors’ risk appetite and lowering bullion’s safe-haven demand.
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Oil inches up after U.S. reimposes Venezuela oil sanctions..
Oil prices rose in early trade on Thursday, slightly paring the previous session’s losses after the United States said it would reinstate oil sanctions Venezuela, while the European Union talked of fresh curbs on Iran.
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Gold gains as Middle East tensions lift safe-haven appeal.
Gold prices climbed on Thursday as concerns about the Middle East war extending to other regions boosted demand for the safe-haven metal.
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