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Platinum Market Update

Wednesday, 11 February 2015


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Platinum for April delivery PLJ5, +0.53%  fell $13.10 to end at $1,207.30 an ounce, while March palladium PAH5, +0.86% lost $13.95 to $765.70 an ounce. High-grade copper for March delivery HGH5, -0.16%  settled down 3 cents to $2.552 a pound.


Gas Market Update


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March natural gas NGH15, +0.60% was the lone gainer among key energy futures, tacking on 8 cents, or 3.1%, to $2.677 per million British thermal units ahead of a weekly U.S. supply update due Thursday.

Gasoline Market Update


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March gasoline RBH5, +0.44%  settled at $1.552 a gallon, down 2.6 cents, while March heating oil HOH5, +0.09%  fell 4 cents to $1.833 a gallon.

Oil ends near $50 — its lowest level in almost a week


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Crude-oil futures fell more than 5% Tuesday to their lowest settlement level in nearly a week as concerns about a persistent supply glut resurfaced ahead of weekly U.S. inventory updates.

Sweet crude futures for delivery in March CLH5, +0.90%  on the New York Mercantile Exchange fell $2.84, or 5.4%, to settle at $50.02 a barrel. That was the lowest settlement level since Feb. 4.

Brent crude for March delivery LCOH5, +0.16% the international benchmark, closed down $1.91, or 3.3% at $56.43 a barrel on the ICE Futures exchange.


Gold falls more than $9 as dollar, stocks climb


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Gold futures settled with a loss of more than $9 an ounce on Tuesday, with strength in the U.S. dollar and a rise in equities dulling the metal’s appeal, but investors continue to keep an eye on ongoing turmoil in Greece.

Gold for April delivery GCJ5, +0.30%  shed $9.30, or 0.8%, to settle at $1,232.20 an ounce on Comex. March silver SIH5, +0.66%  dropped almost 20 cents, or 1.2%, to $16.87 an ounce.