Commodity Market Outlook Today 15-July-2014

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Jhon Kumar
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Commodity Market Outlook Today 15-July-2014

Post by Jhon Kumar » Tue Jul 15, 2014 12:33 am

Copper futures for September delivery fell 0.6 percent

Aluminum, lead and tin gained, while nickel fell.

Zinc prices climbed to a 35-month high

Crude oil settled near a two-month low

Gold held above a one-month low

Zinc prices climbed to a 35-month high as inventories extended a slump amid signs of higher demand. U.S. natural gas supply are easing concern over winter fuel shortages and spurring speculators to cut their bets on rising prices. West Texas Intermediate oil settled near a two-month low amid ample U.S. supplies.

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