Prices of crude oil, gold up in world market

Prices of crude oil, gold up in world market
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Summary Gold price rose by 3 percent while oil was up by 4.5 percent.

On fears of slowed recovery, an increase in demand for gold was witnessed.Raised Chinese interest rates also pushed the gold price up. During the last four days gold price was up by $ 45 per ounce and oil price by $ 4 per barrel, owing to decrease in over all US reserves of 3.2 million barrels.

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