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Wheat Rises with Dry Weather; Gold Expected to Rally

posted by Avatar commodityblog 529 days ago in Fundamental, Gold, Agriculture made popular 529 days ago

Wheat prices hit the highest level in a week today on an outlook for reduced output from Argentina and Russia because of drought. Gold fluctuated today, but expected to resume its rally as faltering economic recovery and declining US equities increased demand for the metal as a safe haven.
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