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  • Tuesday 7 October 2014

    Fears of rising interest rates in the United States there is chaos in the commodities market. Gold fell more than 4-year low of $ 20 per ounce to below $ 1,200 has. Comax price has come close to 1192 dollars per ounce.

    From the middle of October 2015 indicate that the Federal Reserve may hike or before. The dollar is firmly in the pale glow of gold. Continued strength in the dollar is likely to fall into sleep. This scared investors away from gold are made. 

    Decline in crude oil is too overpowering. Nymax to eliminate concerns about supply of crude below $ 90 is reached. This is the lowest level in 1.5 years. While brained even crude is trading around 92 dollars.


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