Commodities Report: Corn Prices Rise, Metals Drop

Precious Metals

CNBC reports that while corn prices are reaching all-time highs, precious metals are dropping down on a stronger US dollar.

CNBC reports that while corn prices are reaching all-time highs, precious metals are dropping down on a stronger US dollar.

The market news is quoted as saying,

The drop in gold prices weighed on other metals. December silver fell $1.407 to finish at $40.217 per ounce, December copper fell 3.7 cents to finish at $3.9655 per pound, October platinum dropped $28.50 to $1,809.40 an ounce and December palladium declined $27.25 to $711.35 an ounce.

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