the republic logo

Metals and agricultural futures prices slip; energy futures end mostly lower

Metals prices ended slightly lower Friday, as did agricultural futures.

Crude oil ended the week down 2 percent as traders worried about global demand and shared the stock market's concerns about possible changes to the Federal Reserve economic stimulus program.

Gold for June delivery fell $5.20 to $1,386.60 an ounce. Other metals prices also fell.

July silver fell 1.2 cents to $22.496 an ounce, July platinum fell $5.30 to $1,451.90 an ounce and June palladium fell $12.20 to $726.45 an ounce. July copper fell a penny to $3.2955.

Crop prices were also slightly lower.

In July contracts, wheat fell 5.75 cents to $6.975 a bushel, corn fell 4.75 cents to $6.5725 a bushel, and soybeans fell 23.25 cents to $14.7625 a bushel.

Crude oil dipped 10 cents to settle at $94.15 a barrel on the New York Mercantile Exchange. It was the fourth straight loss for oil, bringing its decline for the week to $1.87 a barrel.

Other energy futures closed mostly lower, except for gasoline:

— Heating oil was flat at $2.86 a gallon.

— Natural gas fell 2 cents to $4.24 per 1,000 cubic feet.

— Wholesale gasoline rose 1 cent to $2.84 a gallon.

Think your friends should see this? Share it with them!

comments powered by Disqus

Story copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Feedback, Corrections and Other Requests: AP welcomes feedback and comments from readers. Send an email to info@ap.org and it will be forwarded to the appropriate editor or reporter.


We also have more stories about:
(click the phrases to see a list)

Category:

Subjects:

 

Follow Us

Content enhanced with OpenCalais.

 

All content copyright ©2013 The Republic, a division of Home News Enterprises unless otherwise noted.
All rights reserved. Privacy policy.