Commodities

Commodities Prices Weaken

 

Gold prices were dropping $9.50 an ounce Tuesday amid a widespread selloff in commodities.

Lately, gold was going for $680.30 an ounce on the New York Mercantile Exchange. Silver was falling 35 cents to $14.49 an ounce, and copper was off 7 cents at $2.80 a pound.

In the energy complex, crude oil futures were losing 85 cents to $60.54 a barrel. Natural gas was down 14 cents at $7.56 per million British thermal units, and gasoline was slipping nearly 1 cent to $1.77 a gallon. Heating oil lost 1 cent to $1.74 a gallon.

At the New York Board of Trade, cocoa and coffee faltered, while sugar and frozen concentrated orange juice futures advanced.

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,478.61 1,107.41 2,192.29 35.40
Oil *
71.81
UP
72.78
UP
5.06
UP
1.43
UP
0.58
10 Yr
3.54%
SPDR Gold
109.37
+0.70%
+0.46%
+0.07%
+1.67%
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