5:00AM Gold and silver futures advanced on Monday due to weakness in dollar.
December gold advanced to close at $640.60 a troy ounce on the NYME, up $11.60 from Wednesday, ahead of the long Thanksgiving weekend. December silver settled at $13.49 an ounce, up 45 cents from the close on Wednesday. January platinum slipped $6.60 to $1,147.40 an ounce while December palladium lost $1.00 to end at $325 an ounce. Most-active March copper settled 7.95 cents higher at $3.2155 per pound
The January crude oil contract gained $1.08 to $60.32 a barrel after rallying to $60.44. December unleaded gasoline added 0.47 cents to $1.5937 a gallon. December heating oil settled up 3.87 cents at $1.7052 a gallon and December natural gas moved 28.0 cents higher at $7.998 a million British thermal units.
On the New York Board of Trade, December Arabica coffee futures closed 2.45 cents higher at $1.18 a pound, with most-active March up 2.50 cents at $1.2265. March futures for raw sugar in foreign ports put 0.34 cent up to finish at 11.81 cents a pound. |