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February 27, 2023
US Natural Gas gains 5.38%, putting it at the top of this list of commodities gainers.
Markets are mixed with Gold up to $1,823.6, gaining 0.36%. Heating Oil holds at $2.81.
Current market events are being influenced by ambiguous macro data as highly important Core Durable Goods Orders data from United States beat analyst expectations of 0.1% with a reading of 0.7%.
+3.73%: Metals traders focused on Platinum as it powers 3.73% higher
After closing the previous trading day at $907.9, Platinum is up to $941.8 per troy ounce, which makes for a move of 3.73%/$33.9 today.
US Natural Gas | +5.38% in mid-session
US Natural Gas is on a 5 day uptrend, gaining a total of 32.92%. Heading in the same direction for now — after closing the previous trading day at $2.55, NYMEX Gas is up to $2.69 per MMBtu, which makes for a move of 5.38%/13.7 cents today.
Palladium | +4.36% in mid-session
After closing the previous trading day at $1,378.4, CME Palladium is up to $1,438.5 per troy ounce, which makes for a move of 4.36%/$60.1 today.
