Commodity markets trend lower
Istanbul, 16 June (Hibya) - Commodity markets showed a general downward trend during trading hours, with prices declining across most precious metals, energy products, and agricultural commodities.
Commodity markets showed a general downward trend during trading hours, with prices declining across most precious metals, energy products, and agricultural commodities.
Gold fell 0.30% to $4,338.70 per ounce, while silver dropped 1.15% to 69.373. Copper also declined 0.46% to 6.4610.
In energy markets, WTI crude oil lost 0.50% to $80.35, and Brent fell 0.60% to $82.67. Natural gas prices decreased 0.60%, while heating oil dropped 0.74%.
In agricultural commodities, selling pressure also dominated. US soybeans fell 0.73%, and US wheat declined 0.93%.
On the other hand, RBOB gasoline contracts showed no significant change and remained flat.
British News Agency