War prices: gas and oil calm, gold holds

(ANSA) – MILAN, MAY 19 – On the eve of the third month of the war in Ukraine, the day on the commodity markets, unlike the one on the stock markets, appears calm. Oil drops by about 1% to around 107 dollars a barrel both in New York and for European Brent, with gas moving along the same lines in Amsterdam, the reference market for Europe, with a drop between one and two percentage points to 93 euros per megawatt hour.

Gold rose slightly (+ 0.6%) to 1,828 dollars an ounce, while among the other metals the declines prevail, with iron currently among the weakest down by about 2%. There are also few tensions among food raw materials, with the price of corn and wheat both down by about one percentage point, respectively to 776 and 1,216 dollars for the 5,000 bushels future, the US unit of measurement for cereals. (HANDLE).

Source: Ansa

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