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March 04, 2023
Natural Gas, Sugar, Silver made yesterday's list of top gainers.
Leading equity indices in the US rose as Gold gained 1.21% and closed at $1,862.8. Live Cattle ended the session at $165.53 after a 0.87% gain.
More data out yesterday as United States ISM Non-Manufacturing PMI (Feb) came out at 55.1, while a consensus of analysts was expecting 54.5.
Yesterday was an exciting day for markets with several commodities capitalising on the risk-on mood. Have a look at these Top Gainers:
US Natural Gas | Closed +9.08% at $3
NYMEX Natural Gas made its largest single-day jump of $3 (9.08%) since Jan 26, and is now trading at $3. NYMEX Natural Gas is now trading 36.88% above the significant low ($2.02) it slumped to 11 days ago.
Silver | Closed +2.32% at $21.39
The sentiment that generated 20.6 cents in cumulative gains over the past 6 days was further evident for the CME Silver future. The CME Silver future pointed in the same direction yesterday: CME Silver went up to $21.39 per troy ounce yesterday, gaining 2.32%.
The Sugar future | Closed +3.05% at $20.93
The Sugar future has fallen back around 8.06% from the significant high of $22.09 set 5 days ago.
