#shorts | Oil Prices Retreat as Israel-Hamas Peace Talks Dampen Conflict Fears #oilprice
hello and welcome to zimo capsule gold prices have moved very little today on Monday seeing some relief coming from the recent losses as Traders continue to pric in higher for longer us interest rate before a crucial Federal Reserve meeting which is scheduled this week having said so copper along with other metals has managed to Edge higher copper prices have advanced back to past $10,000 a ton which takes it to over 2year High uh among other Industrial Metals we have seen aluminium zinc they are largely range bound but the clear p is coming to the Copper Futures uh of because of expectations of tighter supplies and also we have seen West has tightened its sanctions on Russian metal exports now the focus will be primarily on the key Chinese PMI index which is schedule this week oil prices have fallen today we saw nearly half to 1% fall across the crude oil benchmarks which has erased all the gains from Friday Israel Hamas peace talks and Cairo have eased the fears of wider conflict in the Middle East
How are bullion, agricultural commodities, and industrial metals faring today? We bring you the latest updates from the world of commodities.
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