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Commodities Briefing - Categorized | Bullion/Gold, Market Moves more

Gold surrenders all QE3 gains; looks vulnerable

Posted on 29 October 2012

Across the broad, global commodity prices eased last week amid flow of weak economic data. No wonder, growth-driven commodities were all affected. Crude oil markets saw prices drift lower most of the time last week. All base metals except zinc were down over the week, while all precious metals lost value except silver.
Grains prices were mixed last week with focus moving away from corn and soyabean to wheat as there was speculation if Ukraine would ban exports. China’s September data were mixed for commodities………………………………………..Full Article: Source


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