COMMODITIES

Oil eases to $102 after record rally

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Oil fell more than $1 to stand under $102 a barrel on Friday, stepping back from a record high reached due to supply disruptions and as a weak dollar encouraged investors to buy commodities.
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Oil rises above $100 on weak dollar

Oil rose towards $101 a barrel on Thursday, trading within sight of its record high, as the U.S. dollar sank to a new low and after a supply cut in Nigeria, Africa's top exporter.
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Gold, Silver Futures Rise in NY

Gold and silver futures rose after a report showed U.S. producer prices rose more than expected last month, increasing the appeal of the precious metals as a hedge against inflation.
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Gold Drops as U.S. Backs IMF Gold Sales

Gold futures fell sharply on Monday, the most in almost two weeks after the U.S. said it supports limited sales of gold reserves held by the International Monetary Fund.
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Gold Consolidates Gains, Platinum Hits New Record

Gold futures edged lower in New York on Friday, consolidating below the$ 950 mark after hitting a fresh record-high yesterday on increased inflation risks which boosted the precious metal's appeal as an inflation hedge.
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Platinum hits historic highs before steadying

Platinum powered to an historic high near $2,200 an ounce on Friday as supply problems in top producer South Africa triggered speculative buying, but erased gains later on profit-taking.
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Wheat Risesfor Another Week

Wheat rose for the second this week as investors speculated that bad weather may reduce the global crop supply.
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Platinum Spikes on Weak Dollar

Platinum soared Thursday after a drop in the dollar drove traders to shift funds into hard assets as safe-haven investments. Gold and silver also hit records.
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Gold, Platinum Break New Records: Dollar Weakens

Gold futures rose to a new record of $958.40 an ounce on Thursday on a weakening dollar which boosted the metal's appeal as an inflation hedge. Platinum and silver also hit new record highs.
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Gold Futures Gain, Platinum Declines

Gold futures closed higher on Wednesday, reversing early losses, as the precious metal's appeal as an inflation hedge and a safe haven continued to attract investors.
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Platinum falls 3 percent on profit-taking

Platinum ended a record-setting streak on Wednesday after 14 straight days of gains as profit-takers stepped in, but analysts said it was likely to recover after a pause because of persistent supply problems.

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