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Copper Market Update

Tuesday, 24 February 2015


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March copper HGH5, -0.48% settled little changed at $2.593 a pound. 

April platinum PLJ5, +0.41%  lost $6.60 to $1,162.90 an ounce.

 March palladium PAH5, +0.20%  added $6.75 to $785.95 an ounce.

Silver Market Update


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March silver SIH5, +0.53%  also declined by 1.9 cents, or 0.1%, to end at $16.254 an ounce.

March gasoline RBH5, -0.24%  closed about a half cent at $1.646 a gallon after a 1.5% climb Friday.

Heating Oil Market Update


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March heating oil HOH5, -1.88%  jumped 10.6 cents, or 5%, to settle at $2.218 a gallon, on the heels of a 5.9% jump on Friday.


Crude ends under $50; heating oil rallies 5%



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Crude-oil futures settled below $50 a barrel on Monday amid investor concerns about excess crude supply in U.S. markets, but cold weather and a refinery strike fed a 5% rally in heating-oil prices.

Crude for delivery in April CLJ5, +0.16%  lost $1.36, or 2.7%, to settle at $49.45 a barrel. April Brent crude LCOJ5, +0.46%   lost $1.32, or 2.2%, to end at $58.90 a barrel on London’s ICE Futures exchange.


Gold settles lower, but clings to key $1,200 level


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Gold prices settled lower on Monday, but found some support at the key $1,200 level as traders watched developments linked to Greece’s bailout extension.

Gold for April delivery GCJ5, +0.10% fell $4.10, or 0.3%, to settle at $1,200.80 an ounce on Comex. The decline marked a second straight session decline for prices.


 

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