LIVE MARKET UPDATE

Monday, 4 March 2013

U.S.CRUDE




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BRENT CRUDE

Brent crude prices fell to a six-week low below $110 per barrel on Friday, erasing all gains so far in 2013 as political gridlock in Washington was set to trigger automatic U.S. budget cuts.




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SPOT GOLD

Spot gold had risen 0.3 percent to $1,580.19 an ounce by 0043 GMT, after hitting a one-week low of $1,564.44 in the previous session.




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GOLD

Gold inched up on Monday, bouncing off a one-week low marked the session before as the dollar eased from a more than six-month high hit in the previous session on the back of upbeat U.S. data.




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U.S. MARKET




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COMMODITY MARKET OUTLOOK 04-03-2013

Gold rose for the first time in three days
Copper and aluminum fell to three-month lows

Natural gas futures fluctuated in New York

Crude oil closed at the lowest this year.




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