Commodity Market Outlook Today 24-July-2014
Posted: Wed Jul 23, 2014 10:39 pm
Gold fell to the lowest level in a week
Crude oil swung between gains and losses
Silver for immediate delivery traded at $20.7980
Gold fell to the lowest level in a week as a rally in equities damped demand for an alternative investment amid concern that physical consumption is faltering. West Texas Intermediate oil swung between gains and losses after a government report showed crude stockpiles shrank to the lowest level since 2008 at the delivery point for New York-traded contracts.
Crude oil swung between gains and losses
Silver for immediate delivery traded at $20.7980
Gold fell to the lowest level in a week as a rally in equities damped demand for an alternative investment amid concern that physical consumption is faltering. West Texas Intermediate oil swung between gains and losses after a government report showed crude stockpiles shrank to the lowest level since 2008 at the delivery point for New York-traded contracts.