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LME Inventory Update

FXStreet (Mumbai) - The warehouse stocks data released daily by the London Metal Exchange (LME) today showed a rise in the inventory levels of Lead, while the inventory level of Aluminium, Nickel, Zinc declined.

Lead stocks increased by 1000 tonnes respectively, while aluminium stocks witnessed another fall of 8050 tonnes. Meanwhile, copper stocks remained unchanged, while nickel inventory and Zinc inventory declined by 72 tonnes and 600 tonnes respectively.

Gold continues descent, despite Greek political turmoil

Gold prices on Comex extended losses from the Asian session and drifted lower today, as Greece political instability failed to boost gold’s appeal as a safe haven asset.
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AUD/USD rises to 1-week highs

The aussie rose further against the US dollar and climbed to 0.8161 reaching the highest level since last Monday.
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