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Commodities Briefing - Categorized | Commodity Crisis, Market Moves more

Japan earthquake rattles commodities

Posted on 14 March 2011

From Financialexpress.com: The earthquake, of magnitude 8.9, hit commodities prices across the board on fears over its impact on the world’s third largest consumer of commodities. Impact on the energy and commodities sector from Japan’s disaster:
The 19-component Reuters Jeffries CRB commodity price index was down about 0.8% . The price of gold was pushed higher as a result of the Japan earthquake. Spot gold rose to $1,424.05 an ounce………………………………………Full Article: Source


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