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Wheat Gains on Weather, Gold Falls & Oil Rises on Currencies

posted by Avatar commodityblog 359 days ago in Gold, Oil, Agriculture made popular 358 days ago

Futures on wheat gained on forecast that the renewed Russia’s exports won’t be enough to satisfy demand. Gold decline as the rebound of the euro reduced demand for the precious metal as a safe haven. Crude oil advanced after the dollar fell as Moody’s Investor Service put the US credit rating on review for downgrade.
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