Metals prices edge lower; Other commodities mixed

AP News
Posted: May 29, 2014 4:21 PM

Gold and silver prices are ending slightly lower, extending their losing streak to four days. Other metals futures also lost ground.

Gold for June delivery slipped $3, or 0.2 percent, to $1,256.30 an ounce Thursday. July silver fell five cents, also 0.2 percent, to $19.01 an ounce.

Copper, palladium and platinum futures also fell slightly. Palladium and platinum have been rising because of concerns that supplies from Russia, a major producer, could be disrupted.

Crop prices were mixed. In July contracts, wheat fell six cents, or 1 percent, to $6.33 a bushel. Corn fell three cents, or 0.6 percent, to $4.70 a bushel. Soybeans added a penny, or 0.1 percent, to $14.99 a bushel.

Crude oil for July delivery rose 86 cents, 0.8 percent, to $103.58 a barrel.