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Tuesday, February 07, 2006

Markets To Watch Today!

Crude Oil: Crude Oil prices fell slightly yesterday even as 27 out of 35 members of the International Atomic Energy Agency voted over the weekend to refer Iran to the U.N. Security Council. Though the move was expected, this raises the stakes in a possible confrontation with the West. March Crude closed at $65.11, down 26 cents for the session.

Gold: Gold prices rose as traders look for a safe haven as Iranian tensions increase. A stronger dollar curbed some of the metals bullish momentum. April Gold closed at $574.30, up $2.70 an ounce. for the session.

Copper: Copper prices continue their historic run fueled by strong consumer demand. March copper closed at $2.3300, up 2.20 cents for the session.