Gold climbs over 1pc on risk aversion ahead of key US data

Gold rose more than 1 per cent on Wednesday as investors sought safe-haven assets, with attention turning to the Federal Reserve's minutes from its most recent meeting and a delayed US jobs report due on Thursday for clues on future rate moves, reports Reuters.Spot gold was up 1.2 per cent...

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Oil falls sharply after report of US proposal to end Russia-Ukraine war

LONDON, Nov 19 (Reuters): Oil prices fell sharply on Wednesday following a report of a US proposal to end the Russian war in Ukraine, as oversupply concerns continued to weigh on prices.Brent crude futures fell $1.81, or 2.8 per cent, to $63.08 a barrel by 1330 GMT, after gaining 1.1...

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India set for record wheat planting as soil moisture and prices rise

MUMBAI, Nov 19 (Reuters): Indian farmers are set to expand wheat acreage by about 5 per cent to a record high, aided by higher returns and October's untimely rains, which improved soil moisture and encouraged a shift from rainfed crops to the cereal, industry officials told Reuters.The higher planting is...

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