UFXMarkets -Daily Gold & Forex Trading News-5-September-2011

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Uploaded on September 05, 2011 by UFX_Markets

For more Forex news & info, please visit http://www.ufxmarkets.com... Crude oil fell for a second day by 3.4%, closing at $88.90 a barrel on concern that the U.S. and Chinese economies are weakening, which indicates that fuel demand will falter in the world's two biggest crude-consuming nations. Gold (XAU) jumped by 3.20%, closing at $1,885 an ounce as concern about a global economic slowdown boosted demand for a haven.

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