Commodities Market Volatility: Oil Dips, Gold Gains
2025-02-05
The commodities market experienced significant volatility today. Crude oil prices fell by over 2%, with both Brent and WTI crude showing substantial declines. Gasoline and heating oil prices also dipped. However, gold prices bucked the trend, rising over 1%, with silver and copper also posting gains. Soybean, wheat, and coal prices all fell, while natural gas and lumber prices saw slight increases. Iron ore prices edged higher. Steel prices saw a modest decline. TTF natural gas prices rose by over 2%.
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