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Markets - Commodities

Monday, July 13, 2020

Palm oil closes higher on stronger global equities
Commodities

Palm oil closes higher on stronger global equities

  • The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange closed up 15 ringgit, or 0.62%, at 2,427 ringgit ($569.32) a tonne, after rising as much as 1.45%.
  • Malaysian palm oil inventories at end-June fell 6.3% from a month earlier, while production jumped 14.2%,
Published 13 Jul, 2020 06:50pm
Gold firms above $1,800/oz on virus, subdued dollar
Commodities

Gold firms above $1,800/oz on virus, subdued dollar

  • The dollar index eased 0.2%, after a third consecutive weekly decline.
  • Safe-haven gold's rise also came despite gains in European shares.
  • Platinum was 3.5% higher at $842.68 per ounce; palladium gained 0.7% to $1,983.71.
Published 13 Jul, 2020 05:34pm
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