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Commodities Briefing - Categorized | Commodities Exchanges, Commodity Crisis, Market Pulse more

Commodities drop on concerns over weakening demand

Posted on 13 November 2008

From AP: Gold prices plunged Wednesday as investors, fearful that a prolonged economic downturn will result in a sharp drop in demand for basic materials, continued their exodus from commodities.

Energy prices and most agriculture futures also fell. Investors have fled both commodities and stocks amid a worsening global economic crisis, which was sparked by the bust of the U.S. housing market last year……. Full Article: Source


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