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Base metals: Sizeable risk to both the up and downside – NAB
From their speculative peak in May, base metal prices fell sharply until early August, with the LME index falling by 18.7% peak-to-trough, with Nickel and Copper recording the largest falls, NAB commodity strategists note.
Fxstreet
Sep 5, 2024
Gold looks supported by demand from central banks, market turbulence – NAB
The spot price of Gold resumed its upward momentum in late July (following a brief retreat from then record highs earlier in the month), pushing above $2500 per troy ounce for the first time in mid-August and remaining above this mark at the end of the month, NAB commodity strategists note.
Fxstreet
Sep 5, 2024
Oil prices slump to multi-month lows as signs Libya to end dispute, resume output
Investing.com -- Oil prices slumped to eight-month lows Tuesday, as potential end to a dispute in Libya that has disrupted output and worries about OPEC+ potentially increasing output later this weighInvesting.com
Sep 3, 2024
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