On Wednesday, gas rose above 80$ per barrel. The dollar continues to weaken against other currencies.
The news article is quoted as saying:
The dollar has fallen steadily for most of this year and hit a 15-month low this week, helping drive commodities higher as investors have sought hard assets to hedge against the depreciating currency.
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On Wednesday, gas rose above 80$ per barrel. The dollar continues to weaken against other currencies.
The news article is quoted as saying:
The dollar has fallen steadily for most of this year and hit a 15-month low this week, helping drive commodities higher as investors have sought hard assets to hedge against the depreciating currency.
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1930.41 | -1.55 | |
Silver | 23.96 | +0.09 | |
Copper | 4.24 | +0.01 | |
Palladium | 1713.17 | 0.00 | |
Platinum | 1087.26 | 0.00 | |
Oil | 80.55 | +0.22 | |
Heating Oil | 3.30 | +0.02 | |
Natural Gas | 3.20 | -0.07 |
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