Energy Higher, Precious Metals Weak on Strong Dollar

31/01/2010 00:00 AST

The US Dollar Index is higher this morning, pressuring commodities and the precious metals market in particular.

March crude is bouncing off the unchanged line again and is currently 0.9% higher at $74.32 per barrel. March natural gas has traded in positive territory all session. It recently hit session highs of $5.285 per MMBtu and is currently trading 1.7% lower at $5.227 per MMBtu.

February gold hit morning lows minutes ago at $1076.70 per ounce, while March silver hit lows of $16.045. Gold is currently 0.% lower at $1078.60 per ounce. Silver is 0.7% lower at $16.105 per ounce.


Briefing

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Ticker Price Volume
SABIC 114.77 5,915,941

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(In US Dollar) Change Change(%)
Brent 68.12 -2.02 -2.88
WTI 63.51 0.5 0.79
OPEC Basket 64.98 -1.5 -2.26

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