The crude oil future is dropped in the second consecutive session also as seen traded below USD 85 /bbl volumed down by domestic stockpiles ahead of the weekly inventory reports and being traded at USD 85.28 per barrel.
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| Crude |
The Brent crude showed a 28-month high because of the rising tensions in Iran, Yemen, Algeria and Bahrain.
Copper showed record highs in the London Mercantile Exchange(LME) seen trading at around USD 10,160 per metric tonne reported by the Chinese trade data that it is the highest level of copper imports and related products.
Gold covered its loses from the previous day as it gained position of USD 1,365 an ounce making dollar quoted higher and euro in a little bit pressure and lowering the intrest in metals.
