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SELL both Gold and Copper | U.S. Non-Farm Payrolls Boosts Dollar | Weekly Commodity Forecast

Mirae Asset Sharekhan Guide Yesterday

Description

There is some good news for the U.S. Dollar. The healthy non-farm payrolls report has triggered a recovery in the currency, but Gold continues to crumble.

As Mr. Rakesh Khanna explains in this week’s Commodity Forecast, both the yellow metal and Copper are still exhibiting a bearish momentum broadly.

Crude Oil prices, however, have cooled off slightly as U.S. has downplayed Iran’s strikes. This doesn’t mean that there is any cessation in the conflict any time soon.

Will Gold and other metals continue their bearish momentum even in the weeks ahead? Share your thoughts in the comments below.

To access more expert insights on commodities and global markets, join the Research Centre WhatsApp Channel now. Click on this link to drop a “Hello” and get started: https://whatsapp.com/channel/0029VbCHhKr3gvWR2navVP2T

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