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Wednesday, March 01, 2006

Markets To Watch Today

Gold: Weak US Economic numbers yesterday pushed gold prices higher. 2006 has seen very strong investor demand and the trend is expected to continue. April Gold is trading at 562.50, up 90 cents as of 8:35am CST.

Coffee: Coffee prices climbed higher as funds added to there long positions and producers backed off hedged positions. March Coffee is trading at $1.1200, up 0.0020 as of 8:41am CST.

Crude: Crude prices climbed higher yesterday on the heels of a sharp rally in Gasoline futures. The April ACCESS Crude Oil contract closed at $61.71, up 30 cents for the session.