Monday, 6 July 2015

Daily Commodity Live Market Trends and Tips

Gold prices firmed as the dollar softened, while investors remained cautious ahead of Greece's referendum on an international bailout deal.

Silver prices gained ground as the release of downbeat U.S. economic reports on Thursday dampened demand for the greenback.

Crude oil prices dropped as a rising U.S. rig count stoked more concerns about global oversupply.

Natural gas prices dropped driven by forecasts for warmer weaker and expectations that storage data will show a second weekly decline.

Copper dropped on worries about the fallout from Greece, but losses were capped expectations that further price falls could lead to production cuts.

Zinc settled flat as utilization rate at domestic galvanized manufacturers is not expected to improve.
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