Commodity Market Outlook Today 02-June-2014
Posted: 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.
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.