Metals futures edge lower; Other commodities prices end mixed


Gold and silver prices ended slightly lower Thursday, extending their losing streak to four days. Other metals futures also lost ground.

Gold for June delivery slipped $3, or 0.2 per cent, to $1,256.30 an ounce. July silver fell five cents, also 0.2 per cent, to $19.01 an ounce.

Copper, palladium and platinum futures also fell slightly. Palladium and platinum have been rising because of concerns that supplies from Russia, a major producer, could be disrupted.

The actively traded contract for July delivery of copper fell three cents, or 0.9 per cent, to $3.14 a pound.

July platinum lost $2.60, or 0.2 per cent, to $1,460.10 an ounce and September palladium fell $6.25, or 0.7 per cent, to $834.50 an ounce.

Crop prices were mixed. In July contracts, wheat fell six cents, or 1 per cent, to $6.33 a bushel. Corn fell three cents, or 0.6 per cent, to $4.70 a bushel. Soybeans added a penny, or 0.1 per cent, to $14.99 a bushel.

In energy trading, U.S. crude oil for July delivery rose 86 cents, 0.8 per cent, to $103.58 a barrel.

Wholesale gasoline added less than a penny, or 0.3 per cent, to $3.02 a gallon. Heating oil fell a penny, or 0.4 per cent, to $2.92 a gallon and natural gas fell six cents, or 1.2 per cent, to $4.56 per 1,000 cubic feet.

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