Yesterday was a a decidedly mixed day for commodities and precious metals, despite the very much risk-on environment which ensued after the European Central Bank´s press conference.

Nevertheless, many a trader will probably be wary of doing anything with any conviction before the release -this afternoon- of the latest non-farm payrolls numbers Stateside.

Thus, Dr.Copper finished the day higher by 0.60%, at 353.75 dollars per pound, as was to be expected given the general spike higher in market sentiment.

Even so, "global investors are losing faith in China, giving the country's markets their worst rating in more than two years in the latest Bloomberg poll," the newswire reports. That may also have played a role in yesterday´s price action.

West Texas crude futures for December delivery finished the day 0.33% down, at 95.21 dollars on the NYMEX.

Agricultural futures were also decidedly mixed, with losses in wheat and corn but gains in cocoa, for example.

Gold futures ended lower by 0.56%, at 1,696 dollars per ounce, but still near a five month high. That as risk aversion faded ever so slightly and despite bullish calls from some analysts.

AB

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