US WEBCAST – Metals ending week on dour note

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  • The copper market reversed downward after a swath of Chinese data failed to instill optimism.
  • Without a clear picture, copper has drifted within a fixed range over the last week, mostly directed by a fluctuating dollar.
  • Gold was facing similar pressure after the European Central Bank decided to maintain its current quantitative easing programme.
  • Looking ahead, expect conditions to be muted until the Fed meets on September 20 and issues its statement on the 21st

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Source: Bullion Desk News

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