Market Updates

Gold Hits New High

Ivaylo
02 Nov, 2006
New York City

    An ISM report indicating growth in the manufacturing sector is at its slowest pace in 3 years sparked weakness in the dollar. Gold, regarded as a hedge against inflation, rallied, despite a dip in crude oil prices. December copper contract took a plunge after investors liquidated their long positions in the metal and the LME saw a large rise in warehouse stocks.

[R]5:00AM Gold rose to 8-week high Wednesday, as the dollar softened.[/R]
December gold ended at $619.30 an ounce, up $12.50, after peaking at $619.70 Wednesday at the NYME. December silver futures moved 20.5 cents higher at $12.475 an ounce. January platinum advanced $14.20 to close at $1,100.70 an ounce. December palladium ended $1.40 up at $324.10 an ounce. December copper contract plunged 10.45 cents to settle at $3.2410 per pound

December crude oil futures declined 2 cents to finish at $58.71 a barrel. December heating oil futures settled down 1.55 cents to $1.6515 a gallon. December gasoline closed 3.57 cents higher at $1.4630 a gallon. December natural gas gained 17.8 cents to end at $7.712 a million British thermal units.

On the New York Board of Trade, December Arabica coffee futures closed 0.40 cent higher at $1.0865 a pound. March futures on raw sugar in foreign ports settled 0.05 cent lower at 11.50 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