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US: EIA Natural Gas Storage falls for the 15th week in a row, by 95B in March-22 week

FXstreet.com (Barcelona) - In the week ending at March 22, natural gas storage fell by 95B, according to EIA. It is the fifteenth week in a row that storage falls in the US, since December 14.

US EIA Natural Gas Storage change falls to -95B in Mar 22 from -62B

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Commodities Brief – Precious metals falter, crude surges forward toward 97.00

Gold prices managed to fall below the 1600 barrier/support Thursday, as Cypriot banks reopen and renewed confidence permeates the land. With upbeat GDP data coming out of the US earlier, the mood was all the more palpable of a steadfast recovery – the USD index also crept higher. Having rescinded its hold on the aforementioned level, the price is trading at USD $1597.12 per oz. in these moments during US trading. A retest of the 1600 mark will ultimately steady the nerves of gold bears and preserve an upside trend that was holding on a weekly basis.
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