News Highlight
- Search for safety takes gold to new highs.
- Oil steady near $74, seeks signs on U.S. economy.
- US Copper touches 5-month high as dollar slips.
- Indian turmeric futures hit 4pc upper circuit; Pepper marginally up.
Fundamental Review
Gold hit record highs for the fourth day in a row on Monday, boosted by growing expectations for U.S. interest rates to remain exceptionally low as the economy struggles, while silver came in sight of 30-year peaks. US Copper climbed to a fresh five-month peak on Monday, buoyed by a falling dollar and market talk of further quantitative easing in the United States.
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