Commodities fall from 6-month high on Ukraine

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Source: Bloomberg
© RS
Commodities fell from the strongest level in six months amid speculation the concerns about the energy and agriculture supplies as a result of the increasing tension in Crimea region could be overstated. The Standard & Poor's GSCI Index dropped 1.1% to 653.15 after reaching 1.6% yesterday, the strongest point since September 6. Brent crude fell 1.7%, wheat declined 0.9% in Chicago, while gold futures slid 1%. On speculation that crisis may cut overseas sales, the prices on wheat advanced the most since 2012.
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