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Crude Oil, Gold Prices May Fall on US Retail Sales and Sentiment Data

From dailyfx.com

Crude oil prices swung between losses and gains over the past 24 hours, ultimately ending lower during a volatile trading session. At one point, the commodity was down as much as 4.42% before trimming most of its weakness. Meanwhile, anti-fiat gold prices finished just cautiously higher as the yellow metal rallied during the Wall Street trading session alongside the S&P 500. Growth-sensitive oil prices remain tied to ongoing US fiscal stimulus talks. Initially, sentiment was fading amid doubts of a deal between lawmakers. However, oil received a lift as President Donald Trump said that he was willing to go beyond the ... (full story)

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