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USD Strength, Higher Rate Potential Weighs On Metals

COMMODITIES

While commodites are weaker across the board, Copper is underperforming as market participants weigh the potential for tighter monetary policy (US Treas Sec Yellen saying over the weekend that higher rates would be a 'plus'). Dollar strength weighing in general.

  • WTI Crude down $0.38 or -0.55% at $69.25
  • Natural Gas down $0.01 or -0.16% at $3.087
  • Gold spot down $6.01 or -0.32% at $1884.13
  • Copper down $4.6 or -1.02% at $448.2
  • Silver down $0.2 or -0.73% at $27.5964
  • Platinum down $2.22 or -0.19% at $1164.88

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