#ZeeBusiness Gold Falls, Oil Rises as Dollar Strengthens and OPEC+ Holds Output Steady
Gold Falls, Oil Rises as Dollar Strengthens and OPEC+ Holds Output Steady
Global commodity markets showed mixed movement on Monday. Gold prices dipped as the US dollar strengthened and traders trimmed bets on more Fed rate cuts. Oil, meanwhile, gained after OPEC+ decided to maintain its output policy, calming oversupply fears. Silver steadied amid easing US-China trade tensions, while copper and palm oil remained under pressure due to weak Chinese data and rising supply. Market sentiment now hinges on Fed policy signals and global demand trends.
#GoldPrices #OilMarket #OPEC #CommodityUpdate #FederalReserve #USChinaTrade #Silver #Copper #PalmOil #GlobalMarkets
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