February 20, 2015 8:44 am
Gold slipped on Friday, extending losses and heading for a fourth weekly decline, amid expectations of a last-moment agreement between Greece and its creditors. Comex gold for delivery in April lost 0.05% to $1 207.0 per troy ounce by 08:22 GMT, having shifted in a daily range of $1 209.6-$1 205.7 an ounce. The precious […]
Read moreFebruary 20, 2015 8:22 am
West Texas Intermediate and Brent crude reversed two days of losses on Friday amid speculations an industry report later today will show a continued decline in the number of active US oil rigs, reflecting building pressure on producers. US crude for delivery in April rose 0.44% to $52.06 per barrel by 7:58 GMT, shifting in […]
Read moreFebruary 19, 2015 4:03 pm
Natural gas fell to session lows on Thursday after the EIA reported that US inventories fell largely in line with expectations last week, turning average deficits into surpluses. However, forecasts for cold blasts across the eastern, northern and portions of the central US kept losses checked and were likely to offset the report. Natural gas […]
Read moreFebruary 19, 2015 11:00 am
Gold edged up on Thursday to end two days of losses after minutes from the Federal Reserve’s last meeting indicated that some policy makers were keen on keeping interest rates low, although a possible deal between Greece and its creditors eased fears of a Greek euro-area exit. Copper fell as oil prices tumbled while Chinese […]
Read moreFebruary 19, 2015 10:01 am
Natural gas was little changed on Thursday as investors braced for a supply report that will likely show US natural gas stockpiles exceeded the five-year average for the first time since 2013. However, forecasts for colder-than-usual weather across the eastern, northern and portions of the central US kept the market poised for more upside movement. […]
Read moreFebruary 19, 2015 8:57 am
Gold edged up on Thursday to end two days of losses after minutes from the Federal Reserves last meeting indicated that some policy makers were keen on keeping interest rates low. Comex gold for delivery in April gained 1.37% to $1 216.6 per troy ounce by 08:38 GMT, having shifted in a daily range of […]
Read moreFebruary 19, 2015 8:48 am
West Texas Intermediate and Brent crude extended Wednesdays losses after private data showed that a gain in US inventories last week exceeded expectations by more than four times, rekindling fears of a global supply overhang, while Saudi Arabia output may be rising further. US crude for delivery in April tumbled 3.54% to $50.95 per barrel […]
Read moreFebruary 18, 2015 10:54 am
Gold held on Wednesday near the lowest in six weeks as equities gained some ground on increasing speculations that Greece will request an extension of its bailout deal. Copper was steady on hopes for a Greek debt deal, while top consumer China entered week-long holidays. Comex gold for delivery in April fell 0.17% to $1 […]
Read moreFebruary 18, 2015 10:00 am
Natural gas fell for a second session before the EIA reports on Thursday that US natural gas stockpiles likely rose above the five-year average last week. However, cold weather gripping the eastern, northern and central US kept losses limited. Natural gas for delivery in March slid 0.25% to $2.752 per million British thermal units by […]
Read moreFebruary 18, 2015 8:35 am
Gold edged up on Wednesday to trade above the lowest in six weeks as equities gained some ground on increasing speculation that Greece will request an extension on its bailout deal. Comex gold for delivery in April gained 0.06% to $1 209.3 per troy ounce by 07:51 GMT, having shifted in a daily range of […]
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