07.11.2013 - Commodities go bad, Barclays sees more rottenness ahead
Gold’s 2013 implosion is old news. But did you notice the slump in oil and natural gas prices? The most heavily traded oil futures contract is below $95 Wednesday, clinging to a year-to-date gain of 1.69% heading into the session. Oil prices had vaulted to $110 at one point this year. Natural gas’ early-year surge is now a 2013 gain of 3.4% after recently snapping a six-day losing streak — the commodity has slumped 21% since an April high. Copper is down 10% on the year; silver, 28%...............................................Full Article: Source
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