Despite the markets being mostly flat towards the end of today's trading session, Cotton, Silver, Copper have end the day as top gainers.
Commodity markets are flat — Gold up to $1,783.3, gaining 1.11%. Brent Crude Oil up to $85.34, gaining 2.78%.
This limbo state is reflected by published market data as highly important Crude Oil Inventories data from United States beat analyst expectations of -2.76 million with a reading of -12.58 million.
Though yesterday was a flat session for markets, some commodities are managing to increase in value. Take a look at our top gainers.
Cotton | +4.96%; session high: $84.61 session low: $79.88
Cotton continues a 3 day surge, reaping a total of 5.53%. Consistent for now — tentatively higher from an earlier low of $79.88, Cotton is up to $84.61 per pound today, adding $4, or 4.96%, to yesterday's closing price of $80.61.
The CME Silver future | +4.38%; session high: $22.41 session low: $21.36
Having set a significant high of $26.89 2 months ago, the CME Silver future is trading 21.31% lower.
CME Copper | +4.04%; session high: $3.79 session low: $3.63
Maintaining its 7 days rise (+6.8 cents), As the session continues, it seems to maintain one direction — CME Copper spikes to $3.79 per pound gaining 14.7 cents.