Citigroup analysts: The market underestimates the possibility of the Federal Reserve cutting interest rates
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Spot gold breaks through $4,170 per ounce, up 0.87% intraday
Spot gold has just surpassed the $4,170.00 per ounce mark and is now quoted at $4,169.53 per ounce, up 0.87% for the day; the latest main COMEX gold futures price is $4,194.40 per ounce, up 0.90% for the day.
BP temporarily reduces oil production in the Gulf of Mexico and evacuates personnel from two platforms.
BP announced that, in response to Hurricane Isaias, it has temporarily reduced oil production in the Gulf of Mexico region and evacuated all personnel from the Na Kika and Thunder Horse offshore platforms.
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