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Platinum Market Update

Saturday, 7 March 2015

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April platinum PLJ5, -1.68%  finished at $1,158.80 an ounce, down $21.30, or 1.8%. 

Gold is down 2.3% on the week, while June palladium PAM5, -0.67%  fell $6.90, or 0.8%, to $818.15 an ounce, losing 0.2% for the week. 


May copper HGK5, -1.56%  declined by 4.4 cents, or 1.6%, to $2.609 a pound, for a loss of 3.1% for the week.


Silver Market Update


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May silver SIK5, -1.44% lost 35.1 cents, or 2.2%, to settle at $15.807 an ounce. For the week, prices were down 4.5%.


Gas Market Update


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April natural gas NGJ15, +0.28%  settled at $2.839 per million British thermal units, nearly flat for the session, with prices still trading around 3% higher for the week.

Gasoline Market Update


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Nymex April gasoline RBJ5, -0.28% settled at $1.882 a gallon, down roughly a half-cent for the session and down 4.9% for the week. 

April heating oil HOJ5, -0.32%  settled less than a penny lower at $1.869 a gallon to loss 5.3% for the week.


Oil futures fall for third straight week


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Crude-oil futures fell more than 2% on Friday and tallied their third straight weekly loss as a stronger-than-expected U.S. jobs report sent the dollar sharply higher.

Crude for delivery in April CLJ5, -1.93%  settled at $49.61 a barrel, down $1.15, or 2.3%. The contract turned negative just before the nonfarm payrolls figures, then fell further after the numbers came out. News of another weekly drop in the U.S. rig count briefly helped prices pare losses during the session.