- GOLD MAY ADVANCE AS SOVEREIGN-FINANCE CONCERN STOKES DEMAND; SILVER GAINS.
- OIL DROPS FROM THREE-DAY HIGH ON FORECAST OF RISING U.S. CRUDE STOCKPILES.
- COPPER RISES ON RISK APPETITE FOLLOWING CHINA DATA, ERASES GAIN.
- DOMESTIC OIL SEED AND EDIBLE OIL CLOSE MIX.
Oil rose on Tuesday, supported by concerns U.S. flooding could hit refinery operations, squeezing gasoline supplies ahead of summer driving season. Gold prices were little changed above $1,510 an ounce on Tuesday, retreating from earlier highs after the euro edged lower amid conflicting reports on a potential new aid deal for Greece. Copper climbed on Tuesday, as robust China trade figures burnished demand expectations for the metal used in power and construction offsetting news that headline imports in April fell.
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Oil rose on Tuesday trading near 103$.
Gold steadies as dollar recovers.
SPDR Gold Trust holdings decline to one-year low.
The euro fell against the dollar.
China copper imports fall 13.7 pct in April.
Copper climbed on Tuesday.
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