Market Updates
Gold Falls
Ivaylo
22 May, 2006
Metals
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June gold dipped to a two-and-a-half week low as comments from Federal Reserve
[R]5:00AM Gold prices fell Friday on dollar strength and calmer market.[/R]
June gold dropped to a two-and-a-half week low, finishing down $23.40 at $657.50 an ounce on the NYME, well below its $732-an-ounce, 26-year high hit a week ago.Silver ended down 16 cents at $12.36 an ounce. July platinum settled $12.20 up on the day at $1,310 an ounce. June palladium fell down $20.70, to finish at $351.80 an ounce. The most-traded copper contract ended with a loss of 24.20 cents to $3.4690 per pound.
June crude oil was down 92 cents at $68.53 a barrel while gasoline finished 2.33 cents higher at $2.0384 a gallon. July Arabica coffee settled 1.5 cent down at $1.0065 a pound and raw sugar in foreign ports ended up 0.08 cent at 16.42 cents a pound.
Annual Returns
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Earnings
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