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Commodities tumble most since June amid easing Syrian concerns

Posted on 11 September 2013

Commodities fell the most since June on mounting prospects for a diplomatic solution to Syria’s chemical attacks, avoiding military action and easing concern that oil shipments from the Middle East will be disrupted.
The Standard & Poor’s GSCI Spot Index of 24 raw materials dropped 1.7 percent to 646.24 at 11:37 a.m. in New York, heading for the biggest slide since June 20. Earlier, the index touched 644.41, the lowest since Aug. 23. Silver led the decline, falling as much as 3.7 percent, gold headed for the biggest drop in two months, and crude oil slid the most since June………………………………………..Full Article: Source


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