Crops Lower, Metals Mostly Lower Ahead of Memorial Day


Metals ended mostly lower, and crops ended lower in quiet trading Friday ahead of the Memorial Day legal holiday in the U.S.

Gold for delivery in June dropped $3.30 to $1,291.70 an ounce, and July silver slipped 10 cents to $19.42 an ounce.

Copper for July delivery added three cents to $3.17 a pound, July platinum fell $20.30 to $1,472.80 an ounce and June palladium fell $5 to $831.45 an ounce.

In trading of agricultural contracts, wheat fell seven cents to $6.53 a bushel, corn fell a penny to $4.78 a bushel and soybeans dropped three cents to $15.16 a bushel.

U.S. financial markets will be closed Monday for Memorial Day.