CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude hovers around $100/barrel. Nat gas prices were supported as another winter storm is headed up the coast.
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CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.
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Spot gold hovered around $1,900 an ounce on Tuesday, as renewed fears over the euro zone's debt crisis drove investors to safe-haven assets such as bullion.
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Spot gold on Wednesday hovered near a 1-1/2-week high hit in the previous session, supported by renewed worries about the euro zone's debt problem after Moody's slashed Portugal's credit rating to junk.
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