5:00AM Precious metals declined on Monday on technical selling.
The most-active March copper lost 9.5 cents to end at $2.5420 per pound and the most-active February gold ended down $1.50 at $643.20 an ounce. March silver shed 12.5 cents to settle at $13.25 an ounce. April platinum finished $6.80 lower at $1,174.70 an ounce while March palladium declined $6 to close at $344.95 an ounce.
The front-month March crude oil contract lost $1.41 to end at $54.01 a barrel. February heating oil declined 4.25 cents to end at $1.5489 a gallon. Front-month gasoline settled down 4.24 cents at $1.441 a gallon and February natural gas dropped 25.8 cents to close at $6.917 per million British thermal units.
On the New York Board of Trade, March Arabica coffee futures gained 0.30 cent to settle at $1.1660 a pound, with May up 0.30 cent at $1.1980. Futures on raw sugar in foreign ports for March finished 0.13 cents lower at 10.59 cents a pound, with May off 0.12 cent at 10.80 cents. |