January 29, 2015 9:35 am
West Texas Intermediate and Brent crude steadied on Thursday to hold near the lowest in 6 years after a report showed that US crude oil inventories rose to the highest in more than three decades, while output hit a new record as well. An improved assessment by the Federal Reserve on the US economy sounded […]
Read moreJanuary 29, 2015 8:13 am
Gold fell on Thursday to mark its third decline during the week as the Federal Reserve indicated that the US economy is on the right track to an interest rate hike. Comex gold for delivery in February slid 0.37% to $1 281.1 per troy ounce by 07:52 GMT, shifting in a daily range of $1 […]
Read moreJanuary 28, 2015 4:14 pm
West Texas Intermediate hovered near the lowest in almost six years after the Energy Information Administration reported that US crude production surged to the highest in more than three decades last week, while inventories of crude oil surged to a record as well. US crude for delivery in March traded 2.60% lower at $45.03 per […]
Read moreJanuary 28, 2015 11:00 am
Gold traded in a narrow range on Wednesday as investors weighed the possibility for an interest rate increase as an outcome of the Federal Reserve’s two-day policy meeting. Silver fell as well, while copper gained. Comex gold for delivery in February slid 0.39% to $1 286.7 per troy ounce by 12:34 GMT, shifting in a […]
Read moreJanuary 28, 2015 10:05 am
Natural gas fell on Wednesday as the blizzard that recently brought heavy snows across the Northeast dissipated, leaving behind only below-average readings, while most of the remaining portions of the US remained near or warmer than usual. Natural gas for delivery in March fell 2.76% to $2.854 per million British thermal units by 9:40 GMT, […]
Read moreJanuary 28, 2015 9:09 am
Both West Texas Intermediate and Brent crude returned to losses on Wednesday following a dollar-induced rally the prior session as a private report showed a much larger than expected build in US crude oil inventories, while the dollar firmed. US crude for delivery in March traded 1.62% lower at $45.48 per barrel at 8:46 GMT, […]
Read moreJanuary 28, 2015 8:08 am
Gold fell on Wednesday as investors weighed the possibility for an interest rate increase as an outcome from the Federal Reserves two-day policy meeting. Comex gold for delivery in February slid 0.36% to $1 287.1 per troy ounce by 07:46 GMT, shifting in a daily range of $1 293.3 – $1 286.6. The precious metal […]
Read moreJanuary 27, 2015 10:35 am
Gold was little changed on Tuesday after two days of declines amid speculations that the Federal Reserve will not initiate an interest rate hike at its upcoming policy meeting, despite a stronger US economy. Silver, platinum and palladium were little changed. Copper slid after government data showed a slowdown in Chinese industrial profits growth to […]
Read moreJanuary 27, 2015 9:43 am
Natural gas pared overnight losses on Tuesday amid speculation that frigid weather across the Northeast will induce heavy local heating demand. Gains, however, were limited as the rest of the US remains mostly warmer-than-usual. Natural gas for delivery in March traded 3.62% higher at $2.951 per million British thermal units at 9:22 GMT. Prices shifted […]
Read moreJanuary 27, 2015 8:37 am
Gold was little changed on Tuesday after two days of declines amid speculations that the Federal Reserve will not initiate an interest rate hike at its upcoming policy meeting, despite a stronger US economy. Comex gold for delivery in February slid 0.04% to $1 278.9 per troy ounce by 08:18 GMT, shifting in a daily […]
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