Excerpt from:  Futures and Commodity News
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November 14, 2007

Oil and Gold Rebound in Commodities Trading

Gold and oil prices in futures trading
"The CPI data is a lagging figure and it is difficult to see any evidence that food and commodity price pressures will ease in the short term, or that this is a temporary blip."
Futures for oil and gold in commodities trading are on the rise again today. After a couple of days of rather dramatic losses, both commodities are moving up in the futures market. MarketWatch reports on oil futures:

Crude-oil futures gained more than 1% to trade back above $92 a barrel early Wednesday, as buyers returned to the market following two days marked by sharp sell-offs.

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