Friday, 24 February 2012

COMMODITY LIVE NEWS


Date: 24.02.2012

BRENT CRUDE HIT NINE MONTH HIGH
          * Brent crude hit a fresh nine-month high and a record in euro terms on Thursday among heightened tensions between Iran and the West.
SPOT SILVER INCHED DOWN 0.1 %           
    * Spot silver inched down 0.1 percent to $35.28 after a hefty 3-percent rise in the previous session pushed prices to $35.59, a level unseen in nearly four months. www.goldennifty.com
SPOT PLATINUM LITTLE CHANGED
    * Spot platinum was little changed at $1,718.24, off a five-month high of $1,731.50 hit in the previous session. The metal is headed for a weekly rise of more than 5 percent.         
    * Eyes are on the meeting of Group of 20 finance ministers and central banks this weekend, which will likely be dominated by discussion of the euro zone debt crisis. www.goldennifty.com
     

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