February 6, 2015 11:02 am
Gold rose on Friday before the release of US jobs data but was headed for its worst weekly performance in nearly two months. Copper fell but was on track to post a hefty weekly gain, tracking a jump in oil prices. Comex gold for delivery in April was up 0.16% at $1 264.7 per troy […]
Read moreFebruary 6, 2015 10:13 am
Natural gas rose on Friday but hovered near the lowest in 2-1/2 years after the EIA reported a smaller-than-expected drop in US natural gas stockpiles, while forecasts called for warmer-than-usual weather across the majority of the US next week. Natural gas for delivery in March rose by 1.19% to $2.631 per million British units by […]
Read moreFebruary 6, 2015 9:07 am
Gold rose on Friday before the release of US jobs data but was headed for its worst weekly performance in nearly two months. Comex gold for delivery in April was up 0.32% at $1 266.7 per troy ounce at 08:46 GMT, shifting in a daily range of $1 269.00-$1 262.4. The precious metal lost 0.14% […]
Read moreFebruary 6, 2015 8:54 am
West Texas Intermediate and Brent crude extended overnight gains on Friday amid the highest trading volatility in nearly six years as investors weighed a global supply glut versus speculations that oil demand in China may rise as the Peoples Bank of China expands monetary easing. US crude for delivery in March rose 1.58% to $51.28 […]
Read moreFebruary 5, 2015 3:59 pm
Natural gas tumbled on Thursday after the Energy Information Administration reported that US natural gas stockpiles declined less than expected last week, adding to pressure already being exerted by forecasts for warm weather across most of the US next week. Natural gas for delivery in March slid 1.80% to $2.614 per million British thermal units […]
Read moreFebruary 5, 2015 10:42 am
Gold was little changed on Thursday as investors weighed monetary easing in China and the Eurozone against the prospects for higher interest rates in the US. Silver fell, while platinum and palladium were steady. Copper slid on fears of lower demand from top consumer China, with ANZ cutting its price outlook for industrial metals. Comex […]
Read moreFebruary 5, 2015 9:54 am
Natural gas trimmed a weekly decline as cold weather across the northern US spurred strong heating demand but gains were capped by expectations for a smaller-than-average inventory withdrawal last week. Natural gas for delivery in March rose 0.68% to $2.680 per million British thermal units by 9:30 GMT, having shifted in a daily range of […]
Read moreFebruary 5, 2015 8:52 am
Gold gained for a second session on Thursday as investors sought the safety of the metal after the People’s Bank of China expanded measures to fight slowing growth amid uncertainty in Europe. Comex gold for delivery in April was up 0.20% at $1 267.0 per troy ounce at 08:30 GMT, shifting in a daily range […]
Read moreFebruary 5, 2015 8:38 am
Both West Texas Intermediate and Brent crude extended losses on Thursday as US crude output remained near the highest in more than three decades, while inventories surged to a record and OPECs production pace exceeded a collective target for an eight month. US crude for delivery in March traded at $47.81 per barrel at 8:14 […]
Read moreFebruary 4, 2015 4:06 pm
Both West Texas Intermediate and Brent crude extended losses on Wednesday, paring the previous four sessions hefty gains, as data by the Energy Information Administration showed a larger-than-expected build in US crude oil inventories, while both gasoline and distillate fuel stockpiles increased as well. West Texas Intermediate for delivery in March traded 4.88% lower at […]
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