Copper futures ended with losses on Monday as inventories in the London Metal Exchange rose the most in two months easing concerns that demand may outpace supplies.
Crude rose on Monday as supply worries continue despite a decision from South Arabia to raise oil production, while gasoline rose to $4 a gallon in some areas in the United States.
Gold futures rose to the highest level in almost three weeks on Monday as surging energy costs boosted demand for the precious metal as a hedge against inflation.
Gold futures closed near $900 an ounce on Friday in New York, making it the highest gain for the contract in 10 weeks as energy costs surged to a record and the dollar weakened, boosting the appeal of the precious metal as a hedge against inflation.
Crude oil soared to a new record high on Friday above $127 a barrel, after Goldman Sachs significantly increased its projections for oil prices while trader's feared demand for distillate fuels from China will increase next month.
Natural gas spot prices increased in a majority of regions of the Lower 48 States this report week (Wednesday–Wednesday, May 7-14).The Henry Hub spot price increased $0.43 per million Btu (MMBtu) to $11.51, the highest
Copper rose on Thursday as a report showed inventories of the metal declined and investors speculate supplies will be insufficient to meet global demand.
Gold futures closed with gains for the first time this week on speculation that higher energy costs and a weaker dollar will boost demand for the precious metal as a hedge against inflation.
Tokyo stocks continued to rise for the third-straight day Wednesday due to a weaker yen against U.S. dollar and rebounding Shanghai equities.
Copper prices fell on Wednesday as investors fear higher prices may weaken global demand and the dollar was gained, lowering the demand for commodities.
Copper prices fell slightly on Tuesday as the dollar rallied against the euro on better U.S. retail sales data, but prices may rise on supply concerns from South America.
Crude oil prices rose on Tuesday to a new of $127 a barrel after Iran said it is reviewing a plan to cut output and renewed concerns that refiners are not satisfying demand of distillate fuels including heating oil.
Gold fell the most in two weeks on Tuesday as the U.S. dollar rebounded against the euro, hindering the investment demand for the precious metal.
Copper futures rallied on Monday as the dollar fell rising demand of the red metal as a hedge against inflation and a strong earthquake in China made investors speculate whether production may be affected.
Crude oil fell on Monday from a record over $126 a barrel as slumping crude imports from China concerned investors that recent high prices may be weighing on demand.
Gold fell in New York as the dollar rose against the euro and a retreat in oil prices reduced the demand for the metal as a hedge against inflation.
Copper fell on Friday near 2 percent as inventories in London and Shanghai showed large increases and investors speculate demand may be weakening.
Gold futures gained on Friday to close at their highest level since late April and sealed a weekly gain after crude oil surged to a record price above $126 a barrel and weakness in the U.S. dollar.
Crude oil futures soared for a fifth day above $126 a barrel on Friday as the dollar fell against the euro and other major currencies increasing demand for commodities as a hedge against inflation.
Copper prices fell on Thursday as inventories of the metal rose, easing supply concerns.
Wheat rallied on speculations that low grain prices will increase buying by flour millers and cereal makers.
Gold futures ended with strong gains on Thursday as record energy costs and weakness in the U.S. dollar boosted the demand for a hedge against inflation.
Crude futures climbed past $124 a barrel in electronic trading late afternoon, recovering from earlier weakness as traders continued to have concerns over global supplies, while OPEC commented the market is well supplied.
Since Wednesday, April 30, natural gas spot prices increased at most markets in the Lower 48 States. Prices at the Henry Hub rose 27 cents per million Btu (MMBtu), or about 2.5 percent, to $11.08 per MMBtu.
Coffee posted record gains on Thursday amid concerns that frost will harm Brazil's crops, the world's largest coffee grower.
Copper futures fell for a second straight day on Wednesday as a labor strike in Chile ended and speculation that higher prices will reduce demand from China rose.
Corn and soybeans rallied for the second day amid concerns that planting delays caused by cold, wet weather will reduce crop yields in the U.S.
Gold fell for the first time in four sessions on Wednesday as the dollar strengthened against the euro and other major currencies.
Crude futures fell slightly on Wednesday after a report showed U.S. crude inventories rose more than analysts expected the week ended May 2.
For many, the sight of a bird’s eggs hatching or tulips blooming signifies the arrival of spring. Historically, spring is also the time for rising gasoline prices. Over the last 10 years, the monthly average retail price for regular-grade
