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Crude oil prices may rise further, gold prices also likely to gain
Crude oil prices may rise further from the two year high in the coming week. The prices may continue to edge higher on the speculation that the crude inventories may tumble further lower, thereby extending the biggest monthly supply drop in four years. The extreme cold weather and the major festive season around, is also likely to give a boost to the prices. The prices for precious metal may rise in the coming week. It is expected that the concerns on Europe's debt woes will continue to further linger on and therefore investors might seek a protection of wealth by investing in gold.
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