| It was a bearish week for commodities, with most of them closing in the red. Gold, silver, crude oil, base metals and most agriculture commodities remained weak following an improved US jobless data and the ECB maintaining its benchmark interest rates.
The latest report showed fewer Americans than expected filed for unemployment benefits in the previous week. The bank refrained from providing more stimulus measures after its latest meeting in Barcelona leading to a belief that commodities will not receive more investments...............................................Full Article: Source
|