News Summary: Metals fall on manufacturing data

Published on NewsOK Modified: December 17, 2012 at 2:29 pm •  Published: December 17, 2012
Advertisement
;

SLUGGISH METALS: Copper, silver and other industrial metals fell after a new survey showed manufacturing declined in December the New York area. It reflects a nationwide trend of sluggish manufacturing because of slower economic growth.

GOLD PERKS UP: Gold prices rose slightly on encouraging signs about U.S. budget negotiations. Unless a budget is in place Jan. 1, spending cuts and tax hikes will go into effect that some economists believe will push the U.S. into recession.

PRICE MIX: Prices rose for gold, oil and natural gas. Wheat and corn fell while soybeans were flat.



Trending Now


AROUND THE WEB

  1. 1
    It’s harder to be a poor student in the U.S. than in Russia
  2. 2
    Man fatally stabbed in west Tulsa early Sunday
  3. 3
    How brain imaging can be used to predict the stock market
  4. 4
    Bridenstine tours Fort Sill, satisfied with facility's transparency
  5. 5
    10 Most Popular Wedding 'First Dance' Songs
+ show more