10.02.2014 - Commodities make a strong beginning in Feb, Gold waits for trigger
Commodities witnessed a strong beginning in February with the agri-commodities and metals providing optimism while gold stock markets stabilised after a weak beginning, according to Ole S Hansen, Head of Commodity Strategy at Saxo Bank. Copper received its first weekly gain on recovery trends in US economy while Shanghai copper rose ater markets returned after a week long Lunar New Year holiday. London Metal Exchange ware houses witnessed shrinking of inventory - with copper falling to 308,000 tons, the lowest in 13 months and less than half of he June 2013 peak of 678,000 tons..................................Full Article: Source
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