Commodity Market Outlook Today 8-August-2014

Locked
Jhon Kumar
Posts: 196
Joined: Tue Jan 08, 2013 2:10 am
Location: Indore, MP, INDIA
Contact:

Commodity Market Outlook Today 8-August-2014

Post by Jhon Kumar » Fri Aug 08, 2014 12:34 am

Gold futures advanced to a two-week high

Silver futures for September delivery fell 0.2 percent

Nickel posted the biggest two-day gain in five weeks

Copper rose 0.4 percent to $6,999 a ton

Aluminum, lead and tin also advanced in London, while zinc fell.

Gold futures advanced to a two-week high as a decline in U.S. equities boosted demand for alternative investments. Silver futures for September delivery fell 0.2 percent to $19.99 an ounce on the Comex, the fifth drop in six sessions. Nickel posted the biggest two-day gain in five weeks after a mine in Papua New Guine a suspended operations, heightening concern that supply will trail demand.

Locked

Who is online

Users browsing this forum: No registered users and 1 guest