Today Commodity Market Outlook 02-Sep-2014

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Jhon Kumar
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Today Commodity Market Outlook 02-Sep-2014

Post by Jhon Kumar » Tue Sep 02, 2014 2:29 am

Gold was little changed at $1,287.19 an ounce

Silver was 0.1 percent higher at $19.485 an ounce.

Crude for October delivery fell 18 cents

Gold was little changed at $1,287.19 an ounce in London. It reached a one-week high of $1,296.61 on Aug. 28, rebounding from a two-month low of $1,273.14 set Aug. 21. Bullion gained 0.5 percent last week even as the dollar climbed to the highest level in almost seven months against 10 major currencies. Silver was 0.1 percent higher at $19.485 an ounce. WTI for October delivery fell 18 cents to $95.78 a barrel at 1 p.m. on the New York Mercantile Exchange, after dropping as much as 44 cents to $95.52.

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