21.05.2012 - Commodity wrap: Euro worries dampen mood
Commodities continued to remain weak on the back of uncertainty in the euro zone. The possibility of Greece's exit from the euro zone, the strengthening dollar, economic slowdown and the chance of further downgrades are keeping the sentiment bearish for most commodities. Gold, silver, crude oil, base metals, palm oil, rubber, soy oil, sugar and cotton fell through the week. The grain basket comprising of corn, wheat and soybean registered gains due to weather concerns in the US ahead of the harvest...............................................Full Article: Source
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