- Oil prices moved slightly higher on Thursday after the U.S. Energy Department reported a ninth consecutive weekly drawdown of crude stocks, although an overall build in oil inventories capped gains.U.S. West Texas Intermediate crude for September delivery (CLc1), the new front-month contract from Thursday, was up 15 cents at $45.90 a barrel at 0800 GMT.
- Gold prices added to overnight losses in European trade on Thursday, falling to a new three-week low amid renewed expectations for a Federal Reserve rate hike later this year.Gold for August delivery on the Comex division of the New York Mercantile Exchange fell to a session low of $1,310.70 a troy ounce, a level not seen since June 24.
- Aluminium futures were trading lower during the morning trade in the domestic market on Wednesday as investors and speculators remained on the sideline amid muted physical demand for aluminium in the domestic spot market. At the MCX Aluminium futures for July 2016 contract is trading at Rs 109.55 per 10 grams down by 0.18 per cent after opening at Rs 109.75 against a previous close of Rs 109.75. It touched the intra-day low of Rs 109.50.
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