Mixed trading observed in commodity markets
Istanbul, July 17 (Hibya) - Commodities traded in global markets showed a mixed performance. While oil and energy products rose, gold, silver, copper, natural gas and some agricultural commodities declined.
Major products traded in commodity markets followed a mixed course.
In the energy sector, the price of Brent crude rose 0.88 percent to 84.97 dollars per barrel, while U.S. West Texas Intermediate crude oil (WTI) increased 1.03 percent to 79.76 dollars. Heating oil gained 2.23 percent, while RBOB gasoline futures rose 0.97 percent.
Selling pressure dominated precious metals. The price of gold fell 0.26 percent to 3,981.60 dollars per ounce, while silver declined 1.45 percent to 55.370. Copper also lost 1.05 percent.
Natural gas prices fell 0.97 percent, while among agricultural commodities, U.S. soybeans declined 0.24 percent and U.S. wheat dropped 0.73 percent.
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