Gold Creeps Higher, Wheat Prices Drop

Wheat prices are falling as traders return to work after the Christmas holiday.

Wheat for March delivery fell 19.25 cents to $7.7450 a bushel Wednesday, a decline of 2.4 percent. The grain has fallen 8 percent so far this month and is on course for its biggest monthly decline in more than a year.

Corn and soybeans also dropped.

Grains fell in low trading volumes as traders pared their bets before the end of the year and watched for developments from the budget talks in Washington. Analysts said trading volumes could stay below normal levels until the start of the new year.

In other commodities trading, gold and silver crept higher as the dollar weakened against other currencies.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2169404, ~/Articles/ArticleHandler.aspx, 11/21/2014 3:36:38 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement