Weekly #Commodities Update May 4-10
This week showed a clear split in the commodities market: precious metals held up, while energy prices were hit hard.
Sorted weekly performance:
$MGC #MicroGold +1.9%
$ZC #Corn +0.5%
$NG #NaturalGas -0.8%
$HO #HeatingOil -1.2%
$LE #LiveCattle -1.6%
$SB #Sugar -1.7%
$BZ #BrentCrude -6.4%
$CL #CrudeOil -6.4%
$RB #RBOBGasoline -6.6%
Key takeaway: energy commodities were the weakest segment this week, while gold remained the standout performer.
#Commodities #Gold #Oil #NaturalGas #Energy #Agriculture #Markets #Investing #Trading #MacroMarkets
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