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Bullion

Gold prices fell in Asia on Tuesday as investors noted a stronger dollar and less appetite for safe-haven plays weighed on sentiment and as physical demand in India for the holiday season has failed to lift the futures market. Gold futuresfor December delivery on the Comex division of the New York Mercantile Exchange fell 0.58% to $1,295.42 a troy ounce.futures on the Comex dipped 0.22% to 3.235 a pound. Overnight, gold prices held above $1300 on Monday shrugging off an uptick in the dollar and treasury yields as safe-haven demand remained steady amid ongoing geopolitical uncertainty and concerns over the pace of... Read more...

Energy

Crude oil prices fell in Asia on Tuesday on profit taking after sharp gains on geopolitical tensions in Iraq and Iran stoked buying. On the New York Mercantile Exchange crude futures for November delivery fell 0.19% to $51.77 a barrel, while on Londons Intercontinental Exchange,dipped 0.02% to $57.81 a barrel. Later Tuesday the American Petroleum Institute (API) will release its estimates ofU.S. crudeand refined product stocks to be followed by official data on Wednesday from the Energy Information Administration (EIA). Crude oil inventories are seen down by 4.750 million barrels, while gasoline stocks are seen down by 1.0 million barrels and distillates off... Read more...