The Week in Commodities: Not-So-Precious Metals

Watch stocks you care about

The single, easiest way to keep track of all the stocks that matter...

Your own personalized stock watchlist!

It's a 100% FREE Motley Fool service...

Click Here Now

LONDON -- This week has seen the FTSE 100 edge lower as evidence of weak economic growth in Europe and Asia continues to dominate the news. This has led most major commodity prices to weaken through the week, with precious metals falling particularly badly, while U.S. oil prices in particular benefited from fears over the effects of sanctions on Iran, leaving WTI crude to end the week up slightly.

Here are the latest prices, with this week's change in brackets:



Price Change

Price Change %

Brent Crude




WTI crude




Natural gas





$1,576.50/troy ounce




$26.69/troy ounce




$1,404/troy ounce




$570/troy ounce












188 pounds/ton

5 pounds


In the U.S., extremely hot weather is hurting corn crops, meaning that harvest yields will be lower than expected this year. Last week saw a big leap in the price of corn, and this continued at a slower rate this week. However, although the price of corn rose, ETFS Corn ETC (LSE: CORN.L  ) ended the week down slightly, having tracked ahead of the underlying corn price in recent weeks.

Precious metals fell this week, with db Physical Platinum ETC (LSE: XPLA.L  ) and db Physical Silver ETC (LSE: XSIL.L  ) both falling slightly during the week thanks to a surplus of supply, flat industrial demand, and weaker investor sentiment in the U.S., where a further slice of quantitative easing now seems less likely. Reports of new U.S. sanctions against Iran helped oil and gas prices stayed broadly firm, although both ETFS Crude Oil ETC and ETFS Natural Gas ETC fell slightly over the course of the week.

Finally, if you are interested in investing in commodities, it's worth remembering that some shares in commodity companies have outperformed their underlying commodities by a huge margin during the last ten years. This free report from the Fool, "Ten Steps To Making A Million From The Market" contains some excellent tips on identifying and investing in potential multi-bagger shares -- so why not download it now?

Further Motley Fool investment opportunities:

Roland does not own any shares mentioned in this article. The Motley Fool has a disclosure policy. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.

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.

Compare Brokers

Fool Disclosure

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: 1942683, ~/Articles/ArticleHandler.aspx, 10/27/2016 7:02:39 AM

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...

Today's Market

updated 9 hours ago Sponsored by:
DOW 18,199.33 30.06 0.17%
S&P 500 2,139.43 -3.73 -0.17%
NASD 5,250.27 -33.13 -0.63%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes