04:50
SHARE MARKET REVIEW
CRUDEOIL
Oil prices recovered on Monday, with U.S. crude up 0.5 percent at $91.90 a barrel, after falling more than 1 percent on Friday. Brent crude, which closed at its lowest in 2012 on Friday, rose 0.7 percent at $107.89 a barrel.
GOLD
With a steadying euro, spot gold added 0.4 percent to $1,598.46 an ounce, after rising more than 1 percent on Friday.
SILVER
Silver likely to reach new highs in this year as global mining production strains amid increased demand. World Silver Survey by GFMS, global mining production (supply) for silver only saw a 1.4% increase throughout 2011; although industrial demand and investor support continued to be strong.
COPPER
Copper peeked above four-month lows on Friday on short-covering and signs that Greeks are warming to pro-austerity parties, allaying some fears the country could leave the Euro zone.
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