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Tuesday, April 25, 2006

Markets To Watch Today

Crude Oil: Crude Oil prices were unable to maintain the records highs set last week, giving back nearly two dollars in yesterday's session. The market has gained some momentum in the overnight session, as supply concerns have not eased despite optimistic words from OPEC officials. The June Crude contract is trading at 73.90, up 57 cents in the ACCESS market.

Silver: Silver in on a trampoline, exhibiting volatility previously unseen in this market. After dropping $1.19 in yesterday's session and seeing margins increased by the exchange, the market is once again trading higher this morning. The May contract is trading at 12.480, up 70.5 cents this morning.

Gold: Gold fell victim to some profit taking yesterday, dropping $11.60 in yesterday's session. Bargain hunters are providing support this morning as investors exhibit continued interest in the yellow metal. The June contract is trading at 635.80, up $11.90 this morning.