XAU Trading Outlook (20-06-2011)

Oil &amp Gold (XAU) Gold bucked the trend of commodities rallying on sovereign debt fears and USD weakness. Overall trading with a low of USD$1522 and high of USD $1542 before ending the New York session at USD$1539 an ounce. Oil continued to slide on China and slowing global growth concerns. WTI Oil Closed -0.70 at $92.40 a barrel.

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