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Silver Market Update

Tuesday, 3 March 2015


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May silver SIK5, +0.33%  declined by 10.7 cents, or 0.7%, to $16.451 an ounce.

April platinum PLJ5, -0.38%  rose $4.30 to $1,189.90 an ounce. 

June palladium PAM5, -0.73%  tacked on $11.60 to $831.10 an ounce. 

May copper HGK5, -1.17%  added less than a cent to $2.6975 a pound.


Gas Market Update


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April natural gas NGJ15, -1.30%  fell 3.6 cents, or 1.3%, to settle at $2.698 per million British thermal units.


Gasoline Market Update


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 April gasoline RBJ5, +1.34%  fell 8.1 cents, or 4.1%, to end at $1.897 a gallon.

 April heating oil HOJ5, +0.82%  settled at $1.887 a gallon, down 8.6 cents, or 4.4%. 

Futures prices for both products scored double-digit percentage gains for the month of February.

WTI crude oil retreats as losses in Brent intensify


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West Texas Intermediate crude-oil futures turned lower on Monday to slip back below $50 a barrel by the close, but prices still narrowed their spread with Brent crude as losses for the European benchmark also worsened.

crude futures for delivery in April CLJ5, +0.73%  fell 17 cents, or 0.3%, to settle at $49.59 a barrel. Prices had spent much of Monday’s trading session above the $50 mark, but turned lower in the last half hour of the trading session as losses for Brent crude intensified.

April Brent crude on London’s ICE Futures exchange LCOJ5, +1.49% dropped $3.04, or 4.9%, to settle at $59.54 a barrel.

Gold futures log first loss in 4 sessions


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Gold prices settled lower on Monday, for the first time in four trading sessions, as strength in the U.S. stock market lured investors away from the yellow metal.

Gold for April delivery GCJ5, -0.01%  fell $4.90, or 0.4%, to settle at $1,208.20 an ounce on Comex after tallying a gain of roughly 1.3% over the past three trading sessions. 


 

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