16.11.2015 - Gold Set to Rebound as Paris Terrorist Attacks Spur Haven Demand
Gold is set to rebound from a five-year low on Monday while other commodities keep trading on their own fundamentals as the terrorist attacks in Paris won’t change much for global supply and demand of raw materials from copper to coffee. That’s the outlook from Eugen Weinberg of Commerzbank AG, Fabio Scacciavillani of Oman Investment Fund, and Edward Bell of Dubai-based bank Emirates NBD PJSC for commodities Monday after terrorist attacks in Paris on Friday. “The implication for the oil market is limited, with the possibility of lower demand at least outweighed by higher geopolitical tensions,” Weinberg, head of commodities research at Commerzbank, said...............................................Full Article: Source
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