Gas Plunges Most In 15 Weeks While Zinc Gains

Standard & Poor’s GSCI gauge of 24 commodities fell 0.5 percent to 646.50 by 4:39 p.m. in London. The UBS Bloomberg CMCI index of 26 raw materials was down 0.2 percent at 1,577.6073.

Highlights from market news:

- Natural gas fell most in 15 weeks

- Futures for December delivery dropped 3.7 percent, to $3.755 per million British thermal units on the New York Mercantile Exchange after dropping 18.1 cents to $3.72 in the biggest intraday percentage decline since Aug. 10

- Prices are up 6 percent from a year ago

Click here to read full Bloomberg article.

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pasinexPasinex Resources Limited (CSE:PSE,FSE:PNX), through its joint venture with Akmetal AS, holds a 50% interest in the Horsum Regional Zinc Project in southeast Turkey. Connect with PNX to learn more.

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