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Silver Market Update

Friday, 20 February 2015


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March silver SIH5, +0.42%  added 11.6 cents, or 0.7%, to end at $16.38 an ounce.

March copper HGH5, -0.44% rose by around half a cent to $2.62 a pound.

April platinum PLJ5, -0.21%  rose $5.10, or 0.4%, to $1,172.30 an ounce, and March palladium PAH5, +0.01%  added $10.20, or 1.3%, to $786.80 an ounce.

Gas Market Update


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March natural gas NGH15, +0.46%  settled nearly unchanged at $2.834 per million British thermal units.


Gasoline Market Update


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Gasoline for March delivery RBH5, +0.42%  added 4.3 cents to $1.616 a gallon, while heating oil for the same month HOH5, +0.56%  rose 3.4 cents to $1.994 a gallon. 



Oil settles lower; EIA inventory report not as bad as expected


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Oil futures fell on Thursday, but settled well above the session’s worst levels after U.S. government report showed a rise in weekly crude supplies that was smaller than the “gargantuan” increase reported by a trade group a day earlier.

Oil for March delivery CLH5, +0.94%  fell 98 cents, or 1.9%, to settle at $51.16 a barrel on the New York Mercantile Exchange. Before the EIA data, prices traded around $49.70 and were on pace for the lowest settlement since Feb. 11.


Gold ends higher, rebounds from nearly 7-week low


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Gold futures settled higher on Thursday, rebounding from their lowest close in almost seven weeks on signs the Federal Reserve is in no hurry to hike interest rates.

Gold for April delivery GCJ5, +0.02%  tacked on $7.40, or 0.5%, to settle at $1,207.60 an ounce on Comex.

 

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