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Friday, April 07, 2006

Markets To Watch Today

Gold: Gold is enjoying its biggest bull run since 2001. Hovering near the $600 mark, investors have been drawn to the yellow metal based on geopolitical and economic uncertainty. Increased access via newly created funds has also been a catalyst. April Gold is trading at $591.00, down $4.20 as of 8:26 am CST.


Silver: Gold is not the only metal enjoying increased interest and the benefits of ETF's. Silver is hovering above the $12 mark. May Silver is trading at $12 even, down 4 1/2 cents as of 8:34 am CST.


Energies: Nymex and the CME has officially signed a 10-year agreement which will move some Energy contracts to the Globex system. The move is set to include Crude Oil, Natural Gas, Gasoline and Heating Oil futures and options sometime before July.