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Fed Reaction: Precious metals the only commodity winner

The US Fed's decision not to raise interest rates is not good news for commodities, says Saxo Bank's Head of Commodity Strategy, Ole Hansen. Gold has risen this Friday but industrial metals such as copper have fallen back. Oil too is lower.

Ole points to comments by Fed Chair, Janet Yellen, about concerns about emerging markets. There's a big worry, he says, about global growth and that's being reflected in the prices.

01:18 minutes
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