Mixed trend observed in global commodity markets
Istanbul, April 28 (Hibya) - The decline in precious metals drew attention. Gold fell 1.08 percent in June futures to 4,643.14, while silver declined 2.48 percent in May futures contracts to 73.165.
The decline in precious metals drew attention. Gold fell 1.08 percent in June futures to 4,643.14, while silver declined 2.48 percent in May futures contracts to 73.165.
On the energy side, gains stood out. WTI crude oil rose 2.10 percent in June futures to 98.39, while Brent oil gained 2.01 percent in July futures contracts and climbed to 103.73. Heating oil also rose 1.79 percent. RBOB gasoline increased by 1.23 percent.
Natural gas prices fell 0.48 percent to 2.718.
On the industrial metals side, copper lost 0.60 percent, while among agricultural commodities, US soybeans fell 0.34 percent. In contrast, US wheat posted a limited increase of 0.13 percent.
In the overall outlook, increases in energy commodities stood out, while a downward trend was observed in precious metals and some agricultural products.
Eu Day Light