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Crude Oil futures fell sharply on Thursday, as disappointing data on U.S. retail dampened optimism over the strength of the economy. In a report, retail sales fell 0.6% compared to 0.3% economists forecast.
Gold
Gold slightly higher on Thursday, after unexpectedly weak U.S. retail sales data dampened optimism over the strength of the economic recovery. U.S. retail sales unexpectedly fell in February as harsh weather kept consumers from auto showrooms and shopping malls, tempering the outlook for first-quarter growth and a June interest rate increase by the Federal Reserve.