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Oil Jumps And Gold Drops As US And China Move To Lower Tariffs

Brent crude added as much as 3.7% in London while copper in London rose 1.4%. Gold futures fell as haven demand eased. Soybeans and iron ore also jumped.

Bloomberg News

(Photo source: Bloomberg)

Oil, metals and crop commodities rallied while gold fell after China and the US agreed to lower tariffs on each other’s economies after a weekend of trade talks. 

Also Read: Nasdaq 100 Enters Bull Market After US-China Truce

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