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Silver 500 Points Tgt Hit
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Gold 200 Points Tgt Hit
Silver 500 Points Tgt Hit
Crude 30 Points Tgt Hit
Copper 3 Points Tgt Hit
Zinc 1 Point Tgt Hit
Nickel 10 Points Tgt Hit
Ready To Trade In Evening
Oil was mixed Wednesday morning in Asia, but remained above the $73 mark, as a production dispute between Saudi Arabia and the United Arab Emirates (UAE) continues. The dispute has stalled efforts by the Organization of the Petroleum Exporting Countries and allies (OPEC+) to raise production as the fuel demand outlook brightens.
Gold was down on Wednesday morning in Asia, near an over two-month low and headed towards its worst monthly drop since November 2016. Investors now await U.S. jobs data for further clues on the U.S. Federal Reserve’s monetary policy moving forward.
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Silver 600 Points
Crude 35 Points
Copper 3 Points
Zinc 1.5 Points
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Gold was down on Tuesday morning in Asia, remaining close to the one-week low hut during the previous session and is set for its worst month since 2016. A strengthening dollar and concerns over whether the U.S. Federal Reserve would tighten its monetary policy sooner than expected also weighed on the yellow metal.
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Silver 300 Points
Crude 70 Points
Copper 3 Points
Zinc 1 Point
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Oil was down Monday morning in Asia after climbing to levels last seen in October 2018. Negotiations between the U.S. and Iran on reviving a nuclear deal are set to continue, while the Organization of the Petroleum Exporting Countries and allies (OPEC+) will meet later in the week.
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Gold was down on Thursday morning in Asia as investors await U.S. economic data to gauge inflationary pressures further. A strengthening dollar also put a dent in the yellow metal’s appeal.
Gold held an advance as investors weighed comments by Federal Reserve Chair Jerome Powell, who reiterated that higher inflation will likely be transitory.