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IPFS News Link • Currencies

Commodities rally broadly as dollar weakens – more to come

• Commodity Trader Alert
 

Commodities, which are priced in U.S. dollars, continue to take their cues from the greenback, which has been on a steady decline since early March. Rock-bottom U.S. interest rates have put pressure on the dollar and made other assets like stocks and commodities more appealing. A weaker dollar also makes commodities less expensive for foreign investors.

Gold for December delivery rose
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