Friday, 5 April 2013
COPPER
London copper slipped to its lowest in eight months on Thursday after weak jobs data sparked worries a U.S. labor market recovery may not prove sustained, hurting demand expectations for metals in a thin market with China out for a two-day break.
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BRENT CRUDE
Brent crude was down $2.72 at $107.97 a barrel at 12:52 p.m. EST (1652 GMT), having fallen as low as $107.78.
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GOLD
Gold lost $3.66 an ounce to $1,553.69 by 0041 GMT after falling to $1,549.69 on Wednesday, its lowest level since June. The metal, a traditional safe haven that rose more than a percent last month, also failed to respond to rising geopolitical tensions in the Korean peninsula.
www.marketmagnify.com
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COMMODITY MARKET OUTLOOK 05-04-2013
Gold fell to the lowest since May Crude oil recovered from 92$ Copper rebounded from an eight-month low.
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