Markets

Commodities Remain Pressured as GOP Set to Vote on Plan B Despite Obama's Veto

Commodity prices remained under pressure in US morning amid concerns over the stalemated fiscal cliff negotiation. While President Obama threatened to veto the so-called "Plan B" proposed by the GOP, the Republican-controlled House is set to vote for it. Crude oil prices slipped while gold price extended recent weakness with the benchmark Comex contract falling to as low as 1653.1, a level not seen since August.

Read More on International Business Times

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics

Commodities