Commodity Prices | Forex Trading


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 10, 2008

Gold N.Y. Spot $ 746.40
Silver N.Y. Spot $ 10.11
Lead LME Cash $ 0.6396
Copper LME Cash $ 1.8144
Zinc LME Cash $ 0.5021
Nickel LME Spot $ 5.40
Aluminum LME Spot $ 0.8936
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 29, 2008

Gold N.Y. Spot $ 763.20
Silver N.Y. Spot $ 09.86
Lead LME Cash $ 0.6940
Copper LME Cash $ 2.0049
Zinc LME Cash $ 0.5380
Nickel LME Spot $ 5.67
Aluminum LME Spot $ 0.9544
Platinum N.Y. Spot [...]

Citigroup Says Severe Recession to Curb Demand for Commodities

Bloomberg, 14:28:56.440 GMT 27-Oct-2008
By Millie Munshi
Oct. 27 (Bloomberg) — The prospect of a “severe” recession has increased concern that demand will wane for industrial commodities, Citigroup Inc. said.
Copper and aluminum prices will slide into a “trough cycle” in 2009 as a drop in consumption creates a surplus of metals used in homes, appliances and automobiles, [...]