Commodities Futures Today

Futures and Commodities – Oil Gold and Silver Prices decline – Livestock and Agriculture lower

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(Best Syndication News) Commodity prices dropped with a 7.59 percent fall in silver prices (see survey #2 chart below).

Precious Metals

Silver prices fell so fast that the ratio between gold and silver fell from 32 to 36 in two days – even with gold declining too. Some speculators say this could be a buying opportunity, while others aren’t so sure. Fifty days ago the ratio was 43, and 100 days ago the ratio was 48.

Commodities Mixed – Gold Prices Higher Today while Oil Declines – FCX XOM and CHK shares fall

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(Best Syndication News) Energy commodities were lower while precious metals were higher today (see commodities chart below). Silver prices declines five percent in one day.

Precious Metals

June gold futures advanced slightly, up only 70 cents (0.04%) to $1,557.10 an ounce. Silver dropped $2.51 (-5.18%) to $46.08 an ounce.

Our un-weighted metals index was up 0.01 percent today. Platinum was up while palladium was down.

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