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United States Chicago Purchasing Managers' Index below expectations (48.8) in January: Actual (42.9)

Gold steadies around $1,580, looks to post highest monthly close since April 2013

After closing the previous day with small losses near $1,570, the XAU/USD pair edged higher on Friday and remains on track to register its highest mon
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WTI drops below $52.00 and challenges 2020 lows

Prices of the barrel of WTI are losing further ground at the end of the week and are trading at shouting distance from yearly lows in sub-$52.00 level
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