Commodity Market Outlook Today 24-July-2014

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Jhon Kumar
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Commodity Market Outlook Today 24-July-2014

Post by Jhon Kumar » Wed Jul 23, 2014 10:39 pm

Gold fell to the lowest level in a week

Crude oil swung between gains and losses

Silver for immediate delivery traded at $20.7980

Gold fell to the lowest level in a week as a rally in equities damped demand for an alternative investment amid concern that physical consumption is faltering. West Texas Intermediate oil swung between gains and losses after a government report showed crude stockpiles shrank to the lowest level since 2008 at the delivery point for New York-traded contracts.

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