The WTI Crude Oil market plunged during the session on Monday in reaction to the storms in Texas.
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The US dollar had a lackluster session overall, but did start to see buying towards the end of the day against the Japanese yen.
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Gold prices ended Monday’s session up $17.85, helped by a slumping U.S. dollar index that hit a 15-month low.
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Gold was extending its gains in afternoon U.S. trading as disappointing U.S. housing data pressured the dollar. XAU/USD reached the $1308-$1304 area
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