Crude oil prices slip as fresh Covid-19 curbs in China and fears of a global economic slowdown weigh on fuel demand outlook. Meanwhile, gold prices have hit a new nine-month low as the dollar strength takes a toll on demand for the yellow metal. Other commodities too trade weak with silver and copper hitting 23-month low and 17-month low respectively.
first published: Jul 12, 2022 01:02 pm
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