Gold Continues To Shine
Heating Oil and Natural
gas were the only notable movers among the energies today. Both
closed lower, while Crude Oil was virtually unchanged.
In the metals, Gold and Silver pushed higher but
Copper eased back from yet another new all-time high yesterday.
All the major grain contracts declined with
traders citing a large fall harvest and weak overseas demand as the cause.
In today’s economic news, the Labor Department
reported Productivity growth hit the fastest pace in two years (report).
The Department of Commerce reported Factory Orders rebounded in October (report),
the bounce was more than analysts expected. Go to our
Economic
News section for reports and analysis.
Treasuries rallied, while the US Dollar Index was
flat.
TradingMarkets Commodities Watch List
Commodity (Symbol) |
Price | Price Change | % Change |
Energies |
|||
Crude Oil (CL) | 59.94 | +0.03 |
+0.05 |
Heating Oil (HO) | 177.20 | -1.76 |
-0.98 |
Unleaded Gas (HU) | 158.35 | -0.63 |
-0.40 |
Natural Gas (NG) | 13.49 | -0.17 |
-1.25 |
Metals |
|||
Gold (GC) | 513.80 | +1.20 |
+0.23 |
Silver (SI) | 879.20 | +5.70 |
+0.65 |
Copper (HG) | 198.70 | -2.05 |
-1.02 |
Grains |
|||
Corn (C) |
204.25 | -2.50 |
-1.21 |
Wheat (W) | 315.75 | -4.50 |
-1.41 |
Soybeans (S) | 564.00 | -9.25 |
-1.61 |
Softs |
|||
Sugar (SB) | 13.09 | -0.17 |
-1.28 |
Coffee (KC) | 96.60 | +0.75 |
+0.78 |
Cocoa (CC) | 1429.00 | -11.00 |
-0.76 |
Frozen Orange Juice (JO) | 121.45 | +0.90 |
+0.75 |
Cotton (CT) | 52.52 | +0.25 |
+0.48 |
Lumber (LB) | 327.80 | -1.70 |
-0.52 |
Livestock |
|||
Lean Hogs (LH) | 65.80 | -0.53 |
-0.79 |
Live Cattle (LC) | 95.48 | -0.28 |
-0.29 |
Economic News
October Factory Orders +2.2%
Third Quarter Productivity Revised To +4.7%
Bank of Canada raises interest rates 25bp to
3.25%
Ashton Dorkins
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