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Commodities Briefing - Categorized | Market Moves, Price Watch more

The only way is up for commodity prices

Posted on 22 April 2013

Last Monday, the gold price suffered its greatest percentage fall in 30 years, as the Cyprus government pushes for the sale of its central bank’s gold reserves. On Tuesday, Brent crude dropped below $100 a barrel for the first time since July last year, while the copper price – a barometer of global industrial health, moved closer to $7,000 a tonne.
These price upheavals were triggered by slightly lower than expected gross domestic product growth in China, reviving fears of further slowdowns in the country’s economy………………………………………..Full Article: Source


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VRS - who has written 37561 posts on Opalesque Commodities Briefing.


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