Asia Gold, Silver and Crude Oil Trading Price Outlook

By Paul A. Ebeling, Jnr.,

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US Gold prices finished moderately lower Wednesday. Prices rebounded from the lower levels seen in earlier the session when Gold hit a fresh 2 wk low.

The 2 Key Outside Markets were fully Bearish for Gold and Silver Wednesday, as the USD index was solidly higher and Crude Oil prices were sharply lower.

Precious metals Wednesday decided to follow the generally weak raw commodity sector, which was pressured by the risk aversion in the market place Wednesday.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing Commodities
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