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