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Gold & Sugar Rise; Drought in India is Ending

posted by Avatar commodityblog 989 days ago in Fundamental, Gold, Agriculture made popular 989 days ago

Gold may climb to $1,000 per ounce as a declining dollar increases the metal's attractiveness as a hedge against inflation. Drought in India is ending with reviving of monsoon rains, aiding crops. Sugar prices, which reached their 28-years highest level last week, are likely to be supported by a global supply deficit.
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