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Commodities Briefing - Categorized | Commodity Crisis, Fund Profile, Price Watch, Trading more

Prices tumble after talk of hedge fund in trouble

Posted on 21 February 2013

Commodities tumbled on Wednesday amid speculation a hedge fund had been forced to liquidate positions across metals and oil markets, and gold fell to more than a seven-month low on worries that the U.S. economic stimulus may soon dry up.
Already under pressure from ongoing concerns about global supply and demand, commodity markets tumbled in high volume trade just before 11 a.m. EST (1600 GMT), with oil and gasoline prices dropping about 2 percent each……………………………………Full Article: Source


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