Crude Oil, Gold Vulnerable as Sentiment Sours Across Financial Markets

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  • Crude Oil, Copper Vulnerable as BIS Warns on Limits of Loose Monetary Policies
  • Gold and Silver May Decline if Risk Aversion Stokes Haven Demand for US Dollar

Commodities appear vulnerable after the Bank of International Settlements ( BIS ) said despite central banks being "cornered" into prolonging monetary stimulus, accommodative policies "have their limits" in its annual report. The statement weighed on sentiment in Asian trade , disappointing traders hopeful that the Federal Reserve will help the fragile US recovery offset headwinds from sluggish performance in Europe and Asia with a third quantitative easing effort (QE3), which policymakers opted against last week.

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This article appears in: Investing , Commodities


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