Tuesday 1 November 2011

Commodities Briefing 11.01.2011

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  • Crude Oil Facing Selling Pressure as Greece Fuels Risk Aversion Anew
  • Gold Outlook Hinges on US Dollar's Response to Sentiment Trends
Crude Oil, Gold Remain Under Pressure as US Dollar Pushes Higher

Crude oil and gold prices remain under pressure as Greece sets off risk aversion anew, stoking a continued advance in the US Dollar on the back of safe-haven demand.

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