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Commodities Briefing - Categorized | Metals and Minerals, Price Watch more

Demand for precious & industrial metals support price increases

Posted on 14 February 2014

European stocks closed higher on Wednesday as investors around the globe cheered a combination of U.S. Federal Reserve Chair Janet Yellen’s reassurance of supportive monetary policy, strong Chinese export data and a U.S. debt deal in Congress. U.S. stocks were mixed on Wednesday, with Procter & Gamble’s reduced earnings outlook weighing on the Dow industrials and the S&P little changed after its largest four-day rise in more than a year.
Traders seemed to refocus on commodities after the strong Chinese import and export data. Gold continues to climb as Chinese buyers grab up as much gold as they can………………………………………..Full Article: Source


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