December 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 […]
Read moreDecember 30, 2014 10:16 am
Natural gas slid on Tuesday before a government report supposedly shows another much smaller than the average inventory decline, helping narrow down deficits. However, prices remained supported, with a bullish bias, after rallying 5.5% on Monday as weather forecasts called for much colder than usual weather throughout the week. Natural gas for delivery in February […]
Read moreDecember 30, 2014 9:11 am
Oil prices slid for a fourth day, falling below a 5-1/2-year low, before government data in the US shows that inventories in the worlds top consumer allegedly remained unchanged at the highest level since June. US crude for delivery in February traded 1.36% lower at $52.88 per barrel at 8:46 GMT, having shifted in a […]
Read moreDecember 30, 2014 7:28 am
Gold ticked up on Tuesday on equities weakness after the precious metal scored its biggest daily drop in a week as the dollar strengthened. Comex gold for delivery in February gained 0.44% to $1 187.1 per troy ounce by 07:11 GMT, having shifted in a daily range of $1 189.6-$1 180.5 an ounce. The precious […]
Read moreDecember 29, 2014 1:27 pm
Gold erased its daily gains on Monday amid a firm US dollar and weak investor interest but remained supported near the $1 200 level by concerns of fresh elections in Greece and fears of the country exiting the euro area. Copper was little changed after earlier falling to the lowest since mid-2010 on softer demand […]
Read moreDecember 29, 2014 10:13 am
Natural gas gained for the first time in three sessions on speculations that colder weather will induce higher heating demand but gains were limited by expectations for another thin weekly inventory decline. On the New York Mercantile Exchange, natural gas for delivery in February jumped by 1.22% to $3.070 per million British thermal units by […]
Read moreDecember 29, 2014 8:43 am
West Texas Intermediate and Brent crude rose for the first time in three sessions after capping a fifth weekly decline as ongoing clashes between government forces and Islamist militias kept Libyan supply curbed. US crude for delivery in February traded 1.04% higher at $55.30 per barrel at 8:14 GMT, having shifted in a daily range […]
Read moreDecember 29, 2014 8:03 am
Gold was little changed on Monday, maintaining its overnight gains, amid expectations that the precious metal would fall due to a stronger dollar and weaker investor interest. Comex gold for delivery in February gained 0.03% to $1 195.6 per troy ounce by 07:36 GMT, having shifted in a daily range of $1 197.5 -$1 192.4 […]
Read moreDecember 28, 2014 10:56 am
West Texas Intermediate and Brent crude both fell on Friday, capping a fifth straight weekly decline, as a bearish EIA inventory report exacerbated global supply glut concerns. A strong dollar continued to weigh on the market but clashes in Libya provided some support. US crude for delivery in February slid 1.99% on Friday to settle […]
Read moreDecember 27, 2014 3:53 pm
Natural gas fell on Friday for a third session in four this week, registering a sizable weekly loss, as mild weather curbed heating demand and the Energy Information Administration reported another much thinner-than-average inventory decline. Natural gas for delivery in January slid 0.76% on Friday to settle the week 13.2% lower at $3.007 per million […]
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