Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
As the reports came out suggesting that the United States is preparing for the next round of tariffs on Chinese goods worth $200 billion, the commodities across the globe have continued their slump. Both China and the United States have imposed tariffs on $34 billion worth of goods on each other and will impose 25 percent on another $16 billion in the coming days. As the U.S. is planning to impose 10 percent on the next $200 billion as promised, China has vowed to respond in kind.
Commodities performance (%, YTD)
|
Sugar |
-28.42% |
|
Zinc |
-27.75% |
|
Copper |
-17.66% |
|
Live Cattle |
-15.35% |
|
Soybeans |
-12.90% |
|
Palladium |
-12.13% |
|
Iron ore (62%) |
-12.05% |
|
Platinum |
-10.20% |
|
Lead |
-10.11% |
|
Aluminum |
-9.76% |
|
Coffee |
-9.73% |
|
Silver |
-6.07% |
|
Natural gas |
-5.89% |
|
Gold |
-4.53% |
|
Lean Hogs |
-2.84% |
|
Tin |
-2.53% |
|
Corn |
-1.65% |
|
Oats |
-1.25% |
|
Rough Rice |
0.43% |
|
Milk Class III |
1.42% |
|
Feeder Cattle |
3.76% |
|
Heating oil |
6.22% |
|
Canola oil |
6.37% |
|
Ethanol |
7.65% |
|
Nickel |
8.06% |
|
Cotton |
8.25% |
|
Wheat |
13.24% |
|
Brent Crude |
15.82% |
|
Lumber |
17.37% |
|
Gasoline RBOB |
17.98% |
|
Orange Juice |
19.75% |
|
WTI crude |
19.91% |
|
Cocoa |
27.84% |
