Saturday, July 28, 2007

Commodity markets mostly hold their own vs stocks

(Reuters) - Commodities were mostly firm on Friday despite the risk aversion sweeping through stock and financial markets, with metals, energy and agricultural products trading largely on their own fundamentals.

Platinum fell sharply and gold prices wallowed on concerns about the U.S. subprime mortgage crisis and other credit market problems. But copper rose on the strength of second-quarter U.S. economic growth that was stronger than expected.


Read more at Reuters Africa

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