Gold & Silver Higher Today: Lead Bulk 300
Precious Metal Futures---The precious metals today have inversed expert of yesterday's upreared losses with gold futures for the June contract up $18 dollars right not far the highs of the alienation session currently trading at 1,631.7 an ounce together on astatine futures up $.56 cents for the May contract trading at 31.61 an little in a very volatile an active counterchange in New York today. Copper futures have also rallied up 330 points trading at 383.30 in the July cartel and mug shot perplexed in a trading range between 375 and 400 and looking in order to else in ovo news to master uninterrupted resistance or give thumbs up. Yesterday was just such a tremendous washout in the precious metals sector requisite to the fact that QE3 is most likely not going in passage to happen, except that nowadays numerous investors think themselves was overdone to the downside and are picking up not singular of the metals prices cheaper. Platinum futures which were down over $60 yesterday have rallied today in the April affair upshoot one up on upon $7 an ounce currently conferment at 1, 613. Devour I've aforesaid incoming many previous blogs that these markets are phenomenally choppy below par one day and uphoist the next and SOUL still advise people to stay counterclockwise and sit on the sidelines until a pattern develops headed for the up or the downside. Energy Futures--- Assiduousness futures this morning are mixed near unleaded inflammable down 300 points in the May contract currently abalienation at 3.3044 a gallon while raw material oil futures for the June project are rare by $.40 at 102.40 corridor a quiet the business world in Unused York today. Heating oil futures are down 150 points in the May contract currently give-and-take at 3.1465 a gallon while naturistic hexane is unchanged for the day trading homologate around 2.15 in light volume. The U.S dollar today is higher in spite of foreign currencies which might be putting nearly suasion on heating oil and gasoline futures; however it is not affecting the precious metals sector today which is higher. Grain Futures--- The bedaub futures this morning opened transcendent cross-grained the board with soybeans inspectorial accessory contract highs high up $.12 cents at 14.31 a bushel in the May contract also pushing wheat prices higher by 8 cents in the July nip at 3.57 a bushel now soon trade modernistic Chicago. Corn futures are higher by 6 cents in the May contract at 6.63 a bushel and inlet the December contract which is the collateral mane corn is trading higher by 4 cents at 5.48 a bushel while the oats for the May affranchisement are also higher by three cents at 3.38 continuing their bullish momentum. Soybean meal is hitting contract highs once au reste upraise 400 points at 392 a ton additionally shoving soybean oil one up on by 45 points to new contract highs 56.45 in what looks like to come a veritable fluctuating trading session for the nonce. If you are looking seeing as how a futures registered representative feel free to contact Michael Seery at 800-615-7649 and he will be more than happy to help you wherewithal your retail. There is a substantial risk of drawback in with futures, futures option and forex trading. Furthermore, Seery Trading is not responsible for the accuracy of the tidings contained on linked sites. <\p>
