Weakening U.S. Dollar Boosts Raw Commodity Markets

February 8, 2016

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(Kitco News) – As the bulls continue to gain momentum from safe-haven Demand and an improving technical posture. World stock markets were mostly higher Thursday, supported by a rebound in many raw commodity prices, led by crude oil. Oil prices showed solid gains Wednesday and Nymex futures prices were trading slightly higher and just above $32 a barrel Thursday.

By Jim Wyckoff, contributing to Kitco News; jwyckoff@kitco.com
Follow Jim Wyckoff @jimwyckoff

Category: Gold