Commodity Prices | Forex Trading


Bulk Commodities Prices To Fall Further; Demand Slows

Dow Jones Newswires, 02:32 ET (07:32 GMT) 17-Nov-2008
by Elisabeth Behrmann Of DOW JONES NEWSWIRES
SYDNEY (Dow Jones)–Commodity markets have got off to what appears to be another rough week, with BHP Billiton Ltd.(BHP) confirming it has been asked to defer up to 5% of planned iron ore deliveries this year and Macquarie Bank sharply lowering [...]

Commodity Prices - November 17, 2008

Gold N.Y. Spot $ 738.25
Silver N.Y. Spot $ 9.40
Lead LME Cash $ 0.5697
Copper LME Cash $ 1.6239
Zinc LME Cash $ 0.5080
Nickel LME Spot $ 4.72
Aluminum LME Spot $ 0.8255
Platinum N.Y. Spot [...]

Commodity Prices - November 14, 2008

Gold N.Y. Spot $ 743.50
Silver N.Y. Spot $ 9.50
Lead LME Cash $ 0.6114
Copper LME Cash $ 1.6878
Zinc LME Cash $ 0.5436
Nickel LME Spot $ 5.03
Aluminum LME Spot $ 0.8559
Platinum N.Y. Spot [...]

Commodity Prices - November 5, 2008

Gold N.Y. Spot $ 747.20
Silver N.Y. Spot $ 10.31
Lead LME Cash $ 0.6700
Copper LME Cash $ 1.8461
Zinc LME Cash $ 0.5193
Nickel LME Spot $ 5.46
Aluminum LME Spot $ 0.9122
Platinum N.Y. Spot [...]

Shocks for ore miners as steel demand drops

Herald Sun (Melbourne) 04-Nov-2008
Shocks for ore miners
by Stephen McMahon, with BLOOMBERG
THE Australian mining sector may be forced to radically scale back iron ore production as demand for steel crumbles due to the global slowdown.
Only days after announcing a major cut in its iron ore production levels, Brazilian mining giant Companhia Vale de Rio Doce has [...]

Commodity Prices - November 3, 2008

Gold N.Y. Spot $ 726.70
Silver N.Y. Spot $ 09.80
Lead LME Cash $ 0.6577
Copper LME Cash $ 1.7958
Zinc LME Cash $ 0.4990
Nickel LME Spot $ 5.15
Aluminum LME Spot $ 0.8913
Platinum N.Y. Spot [...]

UBS Slashes 2009 Commodity Forecasts By Average 37%

Dow Jones Newswires, 21:27 ET (01:27 GMT) 30-Oct-2008
By Elisabeth Behrmann Of DOW JONES NEWSWIRES
SYDNEY (Dow Jones)–UBS has slashed its 2009 commodity prices forecasts by an average of 37%, in line with cutting expectations for global growth to slow to 1.3% next year, from an earlier forecast of 2.2%.
That prompted considerable cuts to commodity forecasts for [...]

Gold production ‘in crisis’ - AngloGold Ashanti CEO

Creamer Media’s Mining Weekly 30-Oct-2008
By: Martin Creamer
Gold production was “in crisis” and a gold price of $900-to-$1 000/oz was needed to arrest the downward trend, AngloGold Ashanti CEO Mark Cutifani said on Thursday.
Cutifani said that the world had seen a decline in the production of gold across the globe in the past seven years, and [...]

Gold a victim of its own success, Munk argues

The Globe and Mail, p. B5 580 words 31-Oct-2008
Barrick founder says the precious metal has not behaved as expected during the financial crisis but that its time to shine is coming
By Andy Hoffman, MINING REPORTER
The global financial meltdown should have settled the long-standing debate between gold bugs who consider bullion the ultimate store of value [...]

Commodity Prices - October 30, 2008

Gold N.Y. Spot $ 752.00
Silver N.Y. Spot $ 09.95
Lead LME Cash $ 0.6895
Copper LME Cash $ 2.0389
Zinc LME Cash $ 0.5284
Nickel LME Spot $ 5.72
Aluminum LME Spot $ 0.9231
Platinum N.Y. Spot [...]