Commodity Market report

 Gold: Gold  hit 3 month  highs  on Wednesday,  buoyed  by  a  slower  U.S. services sector and sinking dollar, prompting investors to seek shelter in assets perceived as safer as future Fed rate hikes appeared less possible.
U.S.  services  sector  activity  slowed  to  a close to 2 year  low  in January,  suggesting  that  economic  growth  weakened additional  at  the begin  of  the first quarter.

Silver: Silver was up 2.3 percent at $14.62 an ounce. 

Activity within the huge U.S. services sector slowed to a close to 2 year low in January, suggesting  that  economic  growth  weakened further  at  the  start of the first quarter even as the market place remains resilient.

Crude Oil: Oil costs jumped 8 percent higher on Wednesday, snapping a 2-day rout, after investors took advantage of a weaker U.S. dollar and shrugged off information showing an sudden massive surge in U.S. crude inventories to record highs.

Natural Gas: U.S. natural gas futures listed among a few cents of unchanged on Wednesday because the market took a possibility when collapsing twelve percent over the prior two days on mostly steady weather forecasts.