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Jim Prince, 25-year commodity market veteran, just posted a 3+ minute video about a recent move in the commodity markets. Watch it now, and he'll send you a free companion PDF and an email reminder every time he posts a new Daily Alert video.
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Precious metals prices this morning are trading lower on reduced safe-haven demand but copper prices are higher in sync with higher global stock markets: Aug gold -7.5 (-0.57%), Sep silver -0.127 (-0.60%), and Sep copper +0.013 (+0.41%). Metals prices on Monday closed higher: GCQ4 +4.5 (+0.34), SIU4 +0.126 (+0.60), HGU4 +0.0145 (+0.46). Precious metals prices saw support from the continued worries about new sanctions on Russia while copper recovered modestly on some short-covering after last week’s sell-off on the Malaysian Air disaster.