WTI Plunges, NY Gold Extends Losses — Commodity Moves on the 3rd

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In commodity markets on the 3rd, WTI crude oil futures plunged while NY gold futures extended their losses. NY crude oil futures for September delivery, WTI, fell $4.33 to $80.34 a barrel. NY gold futures for August delivery dropped $16.50 to $4,090.50 a troy ounce. Meanwhile, Chicago soybean futures for November delivery rose 4.75 cents to $11.9225 a bushel, and Chicago corn futures for December delivery gained 8.50 cents to $4.7250 a bushel. The Baltic Dry Index climbed 111 points to 2,843 points.

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