Mixed Feelings Everywhere

By Jon Nadler
24 August 2009 @ 08:47 am EDT

Precious metals built on Friday's gains during the overnight hours, but their advances were uneven as well as uncertain as the hour of NY's opening approached. The US dollar was poised to reach a five-week low against the yen, while trading just above the 78.05 mark on the trade-weighted index. Crude oil continued a few notches above the $74-per-barrel marker, while the euro appeared comfortably resting near $1.43 on the price tickers this morning.

IBTimes Commodity Commentaries

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