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.
Crude oil futures fell from a record of $102.08 a barrel on Wednesday after the U.S. Government reported that crude inventories rose, exceeding forecasts.
Robusta coffee increased on Wednesday, posting the highest gain since 1995 in London after investors tried to change from surging global stock markets by buying commodities.
Gold surged to a record high above $960 on Wednesday as investors piled in, spurred by a plummeting dollar and oil rising above $100 a barrel.
Copper futures recovered on Tuesday rising along with commodities and boosted by a decline on inventories.
Gold edged higher on Tuesday, continuing its rally as crude oil prices rose, the U.S. dollar weakened and a report showed rising U.S. producer prices.
U.S. crude oil futures climbed above $100 a barrel on Tuesday, approaching a recent record high of $101.32 reached last February 20, the highest since trading began 25 years ago.
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.
U.S. copper futures fell on Monday after reaching their highest levels last week since May 2006 on falling London Metal Exchange inventories.
Coffee rallied on Monday posting the highest gain since 1995 after the funds increased purchases on concern that supplies will not be enough due to high demand for the bean.
Corn extended its gain on Monday amid concerns that demand for U.S. grain will increase as global inventories fall to the lowest.
Crude oil rose on Monday after Iran warned Western powers against further U.N. sanctions and amid concerns that Turkish attacks in Iraq may damage oil supplies.
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.
Gold advanced on Monday to trade just below a recent historic high on investor buying, but pared gains later as the dollar rose against the euro, traders said.
Copper prices in New York fell from their highest level since May 2006 after inventories climbed and concerns about demand continued.
Energy stocks pulled out of their slump to end Friday slightly higher with on a final hour rally.
U.S. crude prices rose on Friday, ending near $99 after the media reported Turkish forces have entered into the Northern region of Iraq on Thursday, media informed.
Soybean futures increased on Friday on concern that China, the world's largest consumer of vegetable oils, will increase imports in an effort to control rising prices for food in the country.
Gold futures edged lower in New York on Friday, consolidating below the$ 950 mark after hitting a fresh record-high yesterday on increased inflation risks which boosted the precious metal's appeal as an inflation hedge.
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.
Wheat rose for the second this week as investors speculated that bad weather may reduce the global crop supply.
Copper prices rose on Thursday as investors' demand for commodities increased to protect investments against inflation.
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.
Oil prices slumped from a $101.32 record high on Thursday after the U.S. government reported crude inventories rose last week for their sixth straight increase.
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.
Gold and platinum set historic highs in choppy trade on Thursday, with strong oil prices, a struggling dollar and supply worries boosting investor interest.
Copper declined on Wednesday on housing concerns, after the government reported permits in U.S. for new building fell and housing starts average remained low.
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.
Oil prices fell back on Wednesday from a record of $100.10 a barrel on speculation U.S. crude stockpiles will rise.
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.