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Wednesday, November 9, 2011

Commodity Updates Today

The weakness in the dollar due to the surge in crude oil is being seen. But gold has declined sharply. At Nymex Crude Oil is currently trading with a bounce of 0.3% at 97 dollars a barrel. Brent crude gained 0.3%, 115.50 dollars per barrel has risen above the level. At Comex decline in gold is being seen and is currently trading with nearly 1% at 1785.70 dollars per ounce.

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