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Commodities Briefing - Categorized | Market Moves, Price Watch more

Commodities fall to one-week low on Greek woes, China’s outlook

Posted on 02 November 2011

George PapandreouCommodities fell to a one-week low, led by industrial metals, amid concern that Europe’s bailout of Greece will be derailed, while manufacturing in China slowed.
The Standard & Poor’s GSCI index of 24 raw materials slumped 1 percent to settle at 641.69 at 3:46 p.m. New York time. Earlier, the gauge touched 627.96, the lowest since Oct. 21. In London, nickel tumbled 5 percent, while aluminum, lead and zinc fell more than 4 percent………………………………………..Full Article: Source


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