January 6, 2015 8:11 am
Gold rose for a third consecutive session on Tuesday as investors looked for the safety of the metal due to weakness in global equities and Greece concerns. Comex gold for delivery in February gained 0.40% to $1 208.8 per troy ounce by 07:50 GMT, having shifted in a daily range of $1 201.6 and $1 […]
Read moreJanuary 5, 2015 12:35 pm
Gold rose for a second day on Monday as the Eurozone braced for another Greek drama, spurring safe haven bids for the precious metal, while demand in China provided additional support. A strong dollar, however, kept gains checked. Copper slid for a third day, hovering near the lowest in 4-1/2 years, as weak manufacturing growth […]
Read moreJanuary 5, 2015 9:31 am
Natural gas edged up for a second session on Monday to drift further from a 27-month low as forecasting agencies predict incoming colder weather, with temperatures set to drop below the zero mark in some regions. Natural gas for delivery in February traded 3.33% higher at $3.103 per million British thermal units at 9:10 GMT, […]
Read moreJanuary 5, 2015 8:36 am
Gold rose for a second session on Monday as the precious metal was supported by strong Chinese demand weeks before traditional holidays. Comex gold for delivery in February gained 0.92% to $1 197.1 per troy ounce by 07:39 GMT, having shifted in a daily range of $1 198.0-$1 177.8 an ounce. The precious metal edged […]
Read moreJanuary 5, 2015 8:17 am
Both West Texas Intermediate and Brent crude fell on Monday after closing at the lowest in more than 5-1/2 years the previous session as Iraq plans to boost exports in January, while Russias output reached a post-Soviet record and the US pumps near the highest level in more than three decades. US crude for delivery […]
Read moreJanuary 4, 2015 9:38 am
West Texas Intermediate and Brent crude fell on Friday, capping a sixth consecutive weekly decline, as official data showed rising supplies from Russia and Iraq at times of ever-growing US output and OPEC resisting calls to cut output, while manufacturing activity in China and Europe stalled. US crude for delivery in February slid 1.09% on […]
Read moreJanuary 3, 2015 2:13 pm
Natural gas rose on Friday, recovering from a steep drop during the previous session that pushed it to the lowest in more than two years, as weather forecasts called for colder-than-usual weather during the coming week. On the New York Mercantile Exchange, natural gas for delivery in February rose 3.95% on Friday to settle the […]
Read moreJanuary 2, 2015 2:47 pm
West Texas Intermediate and Brent crude slid to the lowest in more than 5-1/2 years amid growing supplies from Iraq and Russia, while manufacturing activity figures from China and Europe pointed to weakness, exacerbating concerns of a global supply glut. US crude for delivery in February slid 0.98% to $52.75 per barrel by 14:14 GMT, […]
Read moreDecember 31, 2014 11:14 am
Natural gas fell for a second day on Wednesday before government data shows an alleged thin inventory decline which would bring stockpiles much closer to average levels. Forecasts for active and overall cold weather across the US through the next two weeks kept prices underpinned. On the New York Mercantile Exchange, natural gas for delivery […]
Read moreDecember 30, 2014 1:08 pm
Gold ticked up on Tuesday on equities weakness after scoring its biggest daily drop in a week as the dollar hit fresh multi-year highs. Silver gained, while platinum and palladium were little changed. Copper rebounded from a 4-1/2-year low as the US dollar temporarily eased, giving dollar-denominated commodities a breather. Comex gold for delivery in […]
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