Markets To Watch Today

Gold: Gold prices reached 25 year highs on overnight trading posting a high of $603.70. Profit taking took over late in the session. Most active June Gold is trading at $601.20, down 2 dollar as of 8:32 am Central.


Crude Oil: Crude fell from post Hurricane Katrinia highs set in yesterday's session as traders offset long positions with little developing news from Iran and Nigeria. Concerns in both areas continue to give the contract support. May Crude is trading at $69.00, up 2 cents for the session.


Lended Metals: The LME has announced an effort to add steel to its trading platform. The exchange will track prices for the next year before trading begins in an effort to stabilize prices. Producers are opposing the effort.