Friday 26 September 2014

Commodity Market Latest News for Today

Gold futures for December delivery rose 0.2 percent

Silver futures for delivery in December fell 1.5 percent

Copper prices dropped to a 14-week low

Aluminum declined 1.2 percent to $1,950.50 a ton

Nickel, lead and zinc dropped in London,

Gold futures rose as a decline in U.S. equities reignited demand for an alternative asset. Silver futures for delivery in December fell 1.5 percent to $17.438 an ounce on the Comex, after reaching $17.27, the lowest since June 2010. Copper prices dropped to a 14-week low after a report showed demand for durable goods in August tumbled by a record in the U.S., the world’s second-biggest consumer of the metal.West Texas Intermediate rose to the highest level in a week as crude inventories shrank in the U.S., the world’s biggest consumer.

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