Today Commodity Market Outlook 15-Sep-2014

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Jhon Kumar
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Today Commodity Market Outlook 15-Sep-2014

Post by Jhon Kumar » Mon Sep 15, 2014 12:09 am

Gold futures dropped to an eight-month low

Silver futures for delivery in December rose less than 0.1 percent

Copper futures for December delivery gained 0.5 percent

Zinc, lead and tin also rose, while aluminum and nickel dropped.

Crude oil recovers from an eight-month low


Gold futures dropped to an eight-month low on waning demand for the metal as a hedge against inflation. Silver futures for delivery in December rose less than 0.1 percent to $18.606 an ounce on the Comex, after dropping to $18.455, the lowest since June 2013. Copper futures advanced, rebounding from a 12-week low, as a pickup in factory output in Europe and Japan eased concerns that global demand will slow.

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