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Tuesday, March 22, 2011

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Today Market News highlighted
Gold steadied on Tuesday after some respite in Middle East protests, an anticipated slowdown in Western air strikes on Libya eroded some of safe-haven demand for the metal, and as the dollar recovered. The dollar is still hovering near 15-month lows against a basket of major currencies, which should favour gold. Copper rose on Tuesday after a sell-off reinvigorated buying interest, but sentiment was fragile as fighting intensified in Libya, unrest simmered across the Middle East and Japan's nuclear crisis remained unresolved. 
Gold steady as dollar recovers today.
Dollar is still 15-month lows .
Copper rose on Tuesday after a sell-off .
Copper stocks rise yet again .
Crude oil trading above 104$ .


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