Today Commodity Market Outlook 11-Sep-2014

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Jhon Kumar
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Today Commodity Market Outlook 11-Sep-2014

Post by Jhon Kumar » Thu Sep 11, 2014 2:45 am

Gold futures for December delivery fell 0.3 percent

Silver futures for December delivery rose less than 0.1 percent

Crude inventories fell 972,000 barrels to 358.6 million last week

Crude oil fell to an eight-month low


Gold fell to a three-month low on signs of calming tensions in Eastern Europe, damping demand for the metal as a haven asset. Silver futures for December delivery rose less than 0.1 percent to $18.926 an ounce on the Comex. Nickel posted its biggest two-day decline since May on signs that a ban of ore exports won’t be enacted anytime soon by the Philippines, the largest supplier to China.

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