17.10.2008 - Energy, metals lead commodity index to lowest since 2004
From Bloomberg: Tumbling prices for energy and metals led commodities to the lowest since September 2004 on signs of plunging demand for raw materials as the U.S. economy slows. Crude oil fell as much as 8 percent, dropping below $69 a barrel for the first time since June 2007. Gold slumped below $800 an ounce for the first time in four weeks, and industrial metals declined. The Reuters/Jefferies CRB Index of 19 raw materials slid as much as 3.2 percent to 273.95, the lowest since Sept. 20, 2004..... Full Article: Source
Print