Metals and agricultural futures prices slip

May 24, 2013

Metals prices are ending slightly lower, as are agricultural futures.

Crude oil ended the week down 2 percent.

Gold for June delivery fell $5.20 to $1,386.60 an ounce Friday. Prices for silver, platinum, palladium and copper also fell.

Crop prices were also slightly lower.

In July contracts, wheat fell 5.75 cents to $6.975 a bushel, corn fell 4.75 cents to $6.5725 a bushel, and soybeans fell 23.25 cents to $14.7625 a bushel.

Crude oil dipped 10 cents to settle at $94.15 a barrel on the New York Mercantile Exchange. It was the fourth straight loss for oil, bringing its decline for the week to $1.87 a barrel.

Other energy futures closed mostly lower, except for wholesale gasoline.

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