Market Updates

Copper, Gold Fall

Ivaylo
20 Apr, 2007
New York City

    Copper declined Thursday on worries that China is likely to try to slow down its booming economy and on weakness in the precious metals complex. Gold dipped on profit-taking, while platinum was originally boosted overnight by news that ETF Securities will launch five new physically backed exchange-traded commodities on the LSE Tuesday. Crude oil futures plunged to a one-week low Thursday as the return of a key pipeline that supplies the U.S. with Canadian crude pressured prices.

[R]5:00AM Copper declines Thursday, while gold dips on profit-booking.[/R]
The May copper contract shed 3.25 cents to settle at $3.5865 per pound on the New York Mercantile Exchange. June gold dipped $5 to finish at $688.30 an ounce, and May silver lost 24 cents to settle at $13.735 an ounce. June palladium ended $2.80 weaker at $380 an ounce, but July platinum rose $2.90 to settle at $1,309.80 an ounce.

Front-month May crude oil contract slipped $1.30 to $61.83 a barrel, the lowest settlement since April 9. Front-month May gasoline futures added 0.55 cent to $2.0888 a gallon. May heating oil slid 0.08 cent to $1.8058 a gallon. Natural gas for May delivery finished 0.5 cent lower at $7.492 a million British thermal units.

Arabica coffee futures also ended lower. May coffee lost 0.85 cent at $1.0850 a pound, while July coffee slipped 0.60 cent to $1.1150 a pound. Futures on raw sugar in foreign ports advanced. May sugar closed 0.13 cent higher at 9.55 cents a pound, while July sugar closed 0.11 cent stronger at 9.53 cents a pound.

Annual Returns

Company Ticker 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008

Earnings

Company Ticker 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008