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Commodity, Equity Outlook: COMEX Gold rises to 3-Month High

COMEX Gold edged up above USD 1230/ounce on sustained safe haven demand. COMEX is the primary futures & options (F&O) market for trading metals including gold, silver, copper and aluminum.
Growing US interest rates, global growth issues are of growing concern, internationally. A rising dispute between the United States and Saudi Arabia over the vanishing of a prominent Saudi journalist also weighed on the general sentiment of markets.

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commodity tips

Crude Oil prices rise on geopolitical worries

Crude oil futures advanced sharply on Monday as geopolitical worries over the disappearance of a Saudi journalist stoked worries about supply. Crude oil markets were also supported following data showed South Korea did not import any oil from Iran in Sept for the first time in six years, before U.S sanctions against the Middle East country take effect in November.

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Commodity tips

Oil prices rise, MCX future decline

Crude Oil prices rose moderately on Friday overturning two days of fall in the last sessions led by steep falls in equity markets and clues that supply concerns have been overblown, but were still on track for a weekly decline. Brent crude futures 0.4% to USD 80.59 per barrel in Early trade Friday.

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