Gold, oil, base metals up

GOLD futures rose to $US1269.90 an ounce yesterday and the oil price also climbed 2.5% before the third US presidential debate.

Nickel gained just more than 1.1%, tin gained 1.7% and most miners moved higher.

In softer commodities, cocoa increased $US14.69 per tonne or 0.55% to $2686.86/t on Wednesday, from $2672.17/t in the previous trading session, tradingeconomics.com reported. Cocoa rose 0.07% during the last week, dropped 6.25% during the last month and dropped 14.59% over the last year. Historically, cocoa reached an all-time high of $4361.58/t in July of 1977 and a record low of $211/t in July of 1965.

Coffee decreased 0.52c per pound or 0.33% to 155.29 on Wednesday from 155.81c/lb in the previous trading session, trading economics.com reported. Coffee rose 3.16% during the last week, dropped 0.96% during the last month and gained 28.34% during the last year. Historically, coffee reached an all-time high of 339.86c/lb in April of 1977 and a record low of 42.50c/lb in October of 2001.

loader

Most read Regions

  • NEW: Digital version of PNG Report magazine - View here
  • Porgera: Barrick-PNG talks go on - Read more
  • Follow the companies investing in the PNG market - Read more

Most read Regions