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What is Commodity Market Outlook: Oil, Gold, Copper about?

Crude oil futures recovered marginally ahead of US inventory data and on expectations of ongoing OPEC production cuts. Copper futures dropped due to weak domestic markets and profit-taking. Gold futures declined to a two-month low as the dollar strengthened and US tech stocks rose on tax bill optimism. Technical analysts provided outlooks and support/resistance levels for gold, silver, copper, and crude oil futures.

Author

Aashika Jain

Language

EN