Commodity Market Outlook Today 30-May-2014
Posted: Fri May 30, 2014 3:09 am
Gold headed for a monthly loss
Silver for immediate delivery rose 0.2 percent to $19.0713 an ounce
Crude oil headed for its first monthly advance
Copper fell from an 11-week high in London
Aluminum and tin rose in London, while zinc and lead declined
Gold headed for a monthly loss as signs that the U.S. economy is improving fueled stock-market gains, while demand for the metal slowed in China, the biggest consumer. Silver for immediate delivery rose 0.2 percent to $19.0713 an ounce, trimming a third monthly decline. The metal yesterday sank to $18.8045, the lowest since July.
Silver for immediate delivery rose 0.2 percent to $19.0713 an ounce
Crude oil headed for its first monthly advance
Copper fell from an 11-week high in London
Aluminum and tin rose in London, while zinc and lead declined
Gold headed for a monthly loss as signs that the U.S. economy is improving fueled stock-market gains, while demand for the metal slowed in China, the biggest consumer. Silver for immediate delivery rose 0.2 percent to $19.0713 an ounce, trimming a third monthly decline. The metal yesterday sank to $18.8045, the lowest since July.