Saturday, July 12, 2014

Commodities prices end mostly lower

April 23. 2013 4:41PM
Associated Press

Story Tools
PrintPrint | E-MailEMail | SaveSave | Hear Generate QR Code QR
Send to Kindle

(AP) Metals futures and agricultural commodities ended broadly lower Tuesday.

The price of crude oil wound up little changed as a slowdown in Chinese manufacturing dampened optimism about an increase in new home sales in the U.S. last month.

Oil dropped briefly in early afternoon trading after The Associated Press' Twitter account was hacked and a fake tweet about an attack on the White House was posted. There was no attack and the president was fine. The AP confirmed that its Twitter account had been suspended following a hack and said it was working to correct the issue.

Crude oil ended down a penny at $89.18 a barrel in New York.

In other energy futures trading on the Nymex, wholesale gasoline fell 5 cents to finish at $2.72 per gallon, heating oil was flat at $2.81 a gallon and natural gas fell 3 cents to end at $4.24 per 1,000 cubic feet.

Gold for June delivery lost $12.40 to $1,408.80 an ounce.

Other metals prices also fell.

Silver for May delivery fell 50.70 cents settle at $22.817 an ounce. May copper fell 3.8 cents to $3.093 a pound.

July platinum fell $19 to $1,417.80 an ounce and June palladium fell $8.55 to $673.35 an ounce.

Grain and bean futures fell.

July wheat fell 7 cents to $6.955 a bushel, July corn fell 9.5 cents to $6.14 a bushel and July soybeans fell 5.75 cents to $13.585 a bushel.

Associated Press

comments powered by Disqus Commenting Guidelines
Mortgage Minute

Search for New & Used Cars

Used New All

Search Times Leader Classifieds to find just the home you want!

Search Times Leader Classifieds to find just what you need!

Search Pet Classifieds
Dogs Cats Other Animals

Social Media/RSS
Times Leader on Twitter
Times Leader on Youtube
Times Leader on Google+
The Times Leader on Tumblr
The Times Leader on Pinterest
Times Leader RSS Feeds