- vulnerable as markets fret about slowing global growth
- IMF outlook update, ECB rate decision, US GDP may fuel risk aversion
- Gold prices may struggle to build higher as haven flows buoy US Dollar
Corrective moves marked Friday’s price action for marquee commodities, as expected. Crude oil prices edged cautiously higher while gold recoiled downward, retracing all of Thursday’s Fed-inspired rally. Directional progress may remain elusive at the start of the new trading week as investors withhold conviction ahead of heavy-duty event risk in the days ahead.
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