US Commodity Markets

Tuesday, 19 April 2011 06:33

Oil fell for the first time in four days in NY after Saudi Arabia the world’s biggest crude exporter, said the global market has enough supplies to meet demand

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Gold hits another record high.

Monday, 18 April 2011 09:20

Well it is no wonder after today global market turmoil that gold has hit another high, trading at 1,497.30 in COMEX.

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Gold rose to $1,488.68

Monday, 18 April 2011 09:42

Gold rose to $1,488.68 an ounce in early Asian trading. Gold for June delivery in New York also climbed to an all time high of $1,489.70 an ounce.

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The Bank of China indicated on its website today

Sunday, 17 April 2011 03:36

The Bank of China indicated on its website today that reserve ratios will increase to 20.5% from April 21 or a half point increase.

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Gold hits record on speculation

Friday, 15 April 2011 08:52

Gold hits record on speculation that the ongoing crisis in Europe will worsen, enhancing its appeal as an alternative to currencies. Silver touched a 31-year high as well.

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