11.08.2016 - Commodities experience broad-based recovery
Base and precious markets saw a substantial uptick in pricing and trading action amid a softening dollar, which provided an optimistic backdrop before a slew of Chinese data is released. Copper for September delivery on the Comex division of the New York Mercantile Exchange gained 2.40 cents or one percent to $2.1740 per pound. Trade has ranged from $2.1450 to $2.2050. Comex gold for December settlement edged up $6.70 or 0.5 percent to $1,353.40 – around a one-week high. Trade has ranged from $1,345.70 to $1,363.60...............................................Full Article: Source
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