Commodities Futures Today

Futures and Commodities – Oil Gold and Silver Prices Higher - Gasoline and Heating Oil Lower

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(Best Syndication News) Commodities advance broadly with strong gains in palladium and ethanol (see charts below). Crude oil and gasoline are lower in Asia.

Precious Metals

Nearly all commodities were higher Tuesday including gold and silver (see survey #2 settle price below).

August gold on the COMEX jumped $4.40 (+0.29%) to $1,546.40 a troy ounce. Of the precious metals we monitor, only gold is up over the last week, month (30 business days) and 100-day period. The golden metal has been higher six days in a row.

Futures and Commodities – Oil Gold and Silver Prices Higher in New York but Crude down in Asia

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(Best Syndication News) Gold and silver were higher in New York and Tokyo today (see commodities charts below). Palladium was higher but platinum and copper fell.

Precious Metals

While good economic news can put upward pressure on gold prices, uncertainty can drive prices lower. Most of the uncertainty involves the European Union and the Greek sovereign debt crisis.

August gold on the COMEX advanced $2.90 (+0.19%) to $1,542.00 a troy ounce (see survey #2 settle price table below). Unlike most equities, the price of gold is higher over the last month and 100-days.

Futures and Commodities – Silver and Gold Prices Higher while Crude Oil Drops

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(Best Syndication News) Commodities were mixed Friday with across the board declines in Asia (see commodity charts below).

Precious Metals

Both gold and silver were higher on Friday in New York (see survey #2 settle chart below). Platinum and palladium were lower.

August gold advanced $9.20 (+0.60%) to $1,539.10 a troy ounce on the COMEX. Economists say worries in Europe help drive gold higher this last week. The metal was higher four days in a row.

Futures and Commodities – Oil Gold and Silver Prices Higher in New York but Lower in Asia

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(Best Syndication News) Although crude oil, gold and silver were higher in New York Thursday, prices are moving lower in Tokyo on Friday (see charts below). Economic concerns in Europe may be driving energy prices down.

Precious Metals

August gold on the COMEX settled $3.70 higher (+0.24%) to $1,529.90 a troy ounce (see survey #2 settle price chart below). Since the settle Thursday, the price has dropped $5.20.

Silver settled higher too. The precious metal was up 15 cents (+0.42%) to $35.56 a troy ounce. Since the settle, the price fell $0.474.

Futures and Commodities – Silver Prices Decline while Gold Advances – Nearly all products were lower

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(Best Syndication News) Gold climbs while nearly all other commodities fall today (see commodities charts below). The central economic factor Wednesday was the Greek crisis. Investors turned to the dollar and gold as safe havens.

Precious Metals

Silver declined while gold advanced (see survey #2 settle price chart below).

August gold on the COMEX advanced $1.80 (+0.12%) to $1,526.20 a troy ounce. Since the settle, the value of the golden metal continued to climb another 90 cents.

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