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Energy Aspects

International oil prices closed lower on Monday, especially after the United States and China released manufacturing data, Brent crude oil fell by 1 cent, and the market was worried about oversupply of crude oil.

West Texas Intermediate, the U.S. crude benchmark, fell .% on the week, or $.USD/barrel, to end at $.USD/barrel.

The September Brent crude oil contract fell by .USD to close at .USD/barrel.

International oil prices continued the trend of falling by more than % last Friday.

In terms of precious metals

Gold prices fell on Monday as the dollar strengthened and investors saw U.S. economic data indicating that interest rate hikes were approaching. Gold prices once again returned to the two-year low set in October. .

Spot gold fell .% to close at .USD/oz. On May 1, gold hit its lowest point of USD/oz. This was the lowest point in gold prices in five and a half years.

U.S. gold futures monthly contract fell .% to close at .USD/oz.

Spot platinum fell .% on Monday to settle at $.$/oz after recording its largest monthly decline in a month. Palladium fell .% to end at .USD/oz.

Spot silver fell .% to settle at .US$/oz, close to six-year lows set last month.

In terms of basic metals

China's poor manufacturing industry and the decline of the stock market have made the market worried about copper demand, and copper prices have hit a new low since the beginning of the year.

The price of the three-month copper contract on the London Metal Exchange fell .% to close at US$/ton, which was the lowest copper price since January.

Three-month aluminum prices hit a six-year low in early trading on Monday. USD/ton, down more than % since January this year.

Zinc prices fell to US$./ton, the lowest since 2009, and finally closed at US$/ton. Lead prices fell to a yearly low of US$/ton during intraday trading and closed at US$/ton.