Market Updates
Profit-Taking Pulls Gold Down
Ivaylo
10 Jul, 2006
Metals
-
For the moment, gold looks as though it ran out of buyers. So there is general profit-taking, which was more or less expected. Despite a weaker-than-expected payrolls reading from the U.S. and the dollar''s subsequent reaction, gold and the other precious metals have failed to find significant upside traction, with initial gains in both running into end of week profit-taking.
[R]5:00AM Gold retreats as profit-taking takes control.[/R]
August gold traded up to $639.50 an ounce, its highest level since June 6. The metal subsequently fell back as far as $629.50, however, before settling with a loss of $1.50 to $634.80. September silver closed down 18 cents at $11.405 an ounce, also hurt by profit-taking. October platinum sank $5.90 to $1,243.70 an ounce. September palladium lost $1.70 to $329.15 an ounce. The most-traded September copper closed down 6.95 cents at $3.5475 per pound.
August crude oil, which set a record high of $75.78 in overnight trading, ended $1.05 lower at $74.09 a barrel. August gasoline dipped 1.96 cents to $2.2394 a gallon. August heating oil 5.12 cents to $2.0104 a gallon. On the New York Board of Trade, Arabica coffee futures dived to 4-day lows, ending 2.90 cents lower at 98.40 cents a pound while September lost 30.5 cents to $1.00 a pound. Futures on raw sugar in foreign ports for October settled down 0.29 cent at 16.87 cents a pound.
Annual Returns
| Company | Ticker | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|
Earnings
| Company | Ticker | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|