Breaking Commodity News
Commodity Futures Trading Update (Nov 11 2008)
SAN FRANCISCO (MarketWatch) -- Gold futures dropped as much as $16 an ounce Tuesday, giving up gains made in the previous session as other metal futures registered steep losses.
Crude Oil Update (Nov 7 2008)
Oil futures were modestly higher in volatile trading Friday, after tumbling to a 19-month low in the previous session
Oil Prices Soar on Inflation Bets (Oct 30 2008)
CRUDE oil futures briefly jumped above $US69 a barrel in electronic trading, tracking stock markets as an indicator of demand.
Copper Market Update (Oct 24 2008)
"Right now we are in a climate of correlation," said Zachary Oxman, senior trader with Wisdom Financial in Newport Beach, California, referring to the cross-asset liquidation pressure.
Precious Metals Update (Oct 19 2008)
Comex gold is largely range-bound at the moment, said Zachary Oxman, senior trader with Wisdom Financial. He puts the bottom end around $760 and the top end around $920.
US Copper Market Update (Oct 19 2008)
The bottom line is that the metal remained bogged down by general worries about the economy and potential for a recession, said Zachary Oxman, senior trader with Wisdom Financial.
Crude Oil Update (Oct 17 2008)
Crude-oil futures rose to trade above $71 a barrel early Friday, stabilizing after having tumbled more than 6% in the previous session
Crude Oil Update part 2 (Oct 17 2008)
Crude-oil futures rallied 6% Friday, as traders bet that the recent dramatic decline in oil prices may have been overdone
US Copper Market Update (Oct 16 2008)
The price of copper slumped to its lowest level since January 2006 in New York futures trade on Thursday as fears of demand destruction in a slowing world economy continued to hold a bearish influence over prices.
Closing Commentary: Gold Market Update (Oct 13 2008)
December gold futures on the Comex division of the New York Mercantile Exchange got as high as $US875.00 an ounce overnight. But the early rally in stocks triggered selling in the gold market.
Crude Oil Update (Oct 10 2008)
The contract touched a one-year low of $78.61 earlier. "Global economic fears and uncertainty continue to plague everything," said Zachary Oxman, a senior trader at Wisdom Financial. "This is a liquidity crisis, and oil is right in the middle of it."
Gold Futures Fall On Profit Taking (Oct 8 2008)
Gold futures fell Thursday, coming under pressure by a modest bounce in risk appetite, U.S. dollar strength and profit-taking.
Commodities Weaken On Global Rate Cut and Uncertainty (Oct 7 2008)
Most commodity prices are heading lower after a coordinated interest-rate cut by global central banks Wednesday
Daily Precious Metals Commentary (Oct 7 2008)
The gold market today should continue to exhibit a tug-of-war between its two personalities.
Currency Update from MF Global (Oct 6 2008)
General Thoughts on the FX Markets: The risk aversion present yesterday in the FX markets was palpable. The moves in the yen based crosses were historic.
Commodities Bounce Before House Financial Bailout Vote (Oct 3 2008)
"We're seeing general buying across the markets...and it feels to me like some short-covering going into the weekend," Zachary Oxman, senior trader with Wisdom Financial, said Friday, referring to the gains in crude oil and the commodity indexes.
Oil prices back below $US100 a barrel as demand slides (Oct 2 2008)
OIL retreated below $US100 a barrel after a US government report cemented concerns about eroding demand. Light, sweet crude for November delivery settled down $US2.11, or 2.1 per cent, at $US98.53 a barrel on the New York Mercantile Exchange.
Crude falls on concerns over demand, bailout plan (Sep 25 2008)
Commodity News | Crude Oil falls on concerns over demand and bailout plan
New Players in the Gold Market (Sep 25 2008)
There is mounting evidence that a number of new money managers and old-time legends are realizing that gold and gold-mining stocks are the investments to be made for the future.
Copper prices down on slowdown fears (Sep 24 2008)
Copper prices down on slowdown fears and global uncertainty
Oil dips as demand, economic concerns persist (Sep 24 2008)
Oil dips as demand, economic concerns persist