Oil Stocks On The Move Along With Precious Metals

Chicago (Apr 4)  The precious metals markets are turning higher, and gold has moved above the $1,300/ounce level, which has also dragged silver above the $20/ounce level. Platinum remains in its uptrend, and as we stated earlier this week, we believe that market to be separate of the rest of the precious metals at this time.

Looking at the coffee market, we do see it catching a bid as news of issues with the rain in India point to a less-than-stellar crop from the region.

Source: seekingAlpha