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Commodities Briefing - Categorized | Bullion/Gold, Market Pulse, Metals and Minerals, Price Watch more

Copper rallies on homes data, grains rise

Posted on 28 October 2008

From Forbes: Copper soared 7 percent Monday as a rise in new home sales gave hope the ailing sector could have hit bottom, while grains rallied on bargain hunting after a recent sell-off linked to the sinking stock market.

Crude oil closed at an 18-month low amid continued concerns that a global recession would dent demand, while gold rose as the dollar surged to a 2-1/2-year high against the euro….. Full Article: Source


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VRS - who has written 34624 posts on Opalesque Commodities Briefing.


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