Commodity Market Outlook Today 02-June-2014

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Jhon Kumar
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Commodity Market Outlook Today 02-June-2014

Post by Jhon Kumar » Mon Jun 02, 2014 2:30 am

Gold futures fell, capping the biggest weekly drop

Silver futures for July delivery fell 1.7 percent

U.S. durable-goods orders unexpectedly rose in April

Copper futures capped the longest slump

Aluminum, lead, tin and zinc also dropped in London, while nickel rose

Gold futures fell, capping the biggest weekly drop since September, after a U.S. equity rally and signs of easing tensions in Ukraine curbed demand for the precious metal as a haven. Silver dropped to an 11-month low.

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