Thursday, 24 July 2014

Commodity Market Trading News and Updates

Gold fell to the lowest level in a week.

Crude oil swung between gains and losses.

Silver for immediate delivery traded at $20.7980.

Gold fell to the lowest level in a week as a rally in equities damped demand for an alternative investment amid concern that physical consumption is faltering. West Texas Intermediate oil swung between gains and losses after a government report showed crude stockpiles shrank to the lowest level since 2008 at the delivery point for New York-traded contracts.

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