Commodity Prices | Forex Trading


Archive for May, 2008

Commodity Prices - May 9, 2008

Oil WTI Cushing $ 124.60
Gold N.Y. Spot $ 0876.10
Silver N.Y. Spot $ 16.59
Lead LME Cash $ 1.0365
Copper LME Cash $ 3.8098
Zinc LME Cash $ 0.9820
Nickel LME Spot $ 12.18
Aluminum LME Spot […]

World gold supply trend ‘tragic’ - Barrick founder Munk

Creamer Media’s Mining Weekly 06-May-2008
By: Liezel Hill
The failure of the gold-mining industry to find and exploit large new deposits of the yellow metal was “tragic”, Barrick Gold chairperson and acting CEO Peter Munk said on Tuesday.
“The supply side is tragic…it is the very challenge that keeps a company like Barrick and the remaining few major […]

Commodity Prices - May 7, 2008

Oil WTI Cushing $ 121.70
Gold N.Y. Spot $ 0867.15
Silver N.Y. Spot $ 16.59
Lead LME Cash $ 1.1249
Copper LME Cash $ 3.9191
Zinc LME Cash $ 1.0138
Nickel LME Spot $ 12.89
Aluminum LME Spot […]

Peru unions say ready for nationwide mining strike

Reuters, 11:22pm IST 06-May-2008
LIMA, May 6 (Reuters) - Unions at mines throughout Peru are ready to strike next week to demand better labor benefits, the head of the country’s biggest federation of mining unions and local union bosses said on Tuesday.
“We have 33 unions supporting us,” said Luis Castillo, the federation’s leader. “We will go […]

Commodity Prices - May 6, 2008

With oil prices at record levels we have moved it to the top of the leader board…
Oil WTI Cushing $ 121.60
Gold N.Y. Spot $ 0881.00
Silver N.Y. Spot $ 16.94
Lead LME Cash $ 1.1703
Copper LME Cash $ 3.9091
Zinc LME Cash […]

Oil prices surge to new record above $122

Futures driven up by fears about oil supplies, weaker U.S. dollar
Associated Press
NEW YORK - Oil futures blasted to a new record near $123 a barrel Tuesday, gaining momentum as investors bought on a forecast of much higher prices and on any news hinting at supply shortages. Retail gas prices edged lower, but appear poised to […]

Commodity Prices - May 5, 2008

Gold N.Y. Spot $ 0867.10
Silver N.Y. Spot $ 16.70
Lead LME Cash $ 1.1453
Copper LME Cash $ 3.8052
Zinc LME Cash $ 0.9730
Nickel LME Spot $ 12.52
Aluminum LME Spot $ 1.2769
Platinum N.Y. Spot […]

Commodity Prices - May 2, 2008

Gold N.Y. Spot $ 0854.85
Silver N.Y. Spot $ 16.37
Lead LME Cash $ 1.1453
Copper LME Cash $ 3.8052
Zinc LME Cash $ 0.9730
Nickel LME Spot $ 12.52
Aluminum LME Spot $ 1.2769
Platinum N.Y. Spot […]

FX - Tip of the Week

Trade on the news
A majority of the big market moves occur around news time. Trading volume is high and the moves are significant; this means there is no better time to trade than when news is released. This is also when the big players adjust their positions and prices change resulting in a serious currency […]