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Weekly Commodities Fundamental Report – 17th March 2023

20 March 20231 min read by Angel One
Weekly Commodities Fundamental Report – 17th March 2023
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Gold: Gold prices this week continued to surge northwards, as prices are nearing the $2000/ounce mark. Bullion this week gained nearly 4 percent given the rising uncertainty in the global markets due to the banking crisis. For the third week in a row, gold has increased in price as demand for safe-haven assets surged due to the US banking crisis.
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