December 2, 2014 8:08 am
Gold retreated from a five-week high amid an outlook for a stronger dollar and as oil prices dropped, easing inflation concerns. Silver, platinum and palladium fell as well. Comex gold for delivery in February slid 0.94% to $1 206.6 per troy ounce by 7:38 GMT, having shifted in a daily range of $1 212.6-$1 202.8. […]
Read moreDecember 1, 2014 12:57 pm
Gold recovered partially from hefty losses as investors covered short bets after Swiss voters said “no” in a referendum to change central bank policy for gold reserves. Copper slid to a 4-1/2-year low, led by a rout in oil prices and further pressured by downbeat factory data from Europe and China. Silver rebounded from the […]
Read moreDecember 1, 2014 11:38 am
Natural gas fell for a third consecutive day, reaching its lowest price in more than two weeks, as forecasts for milder temperatures over the southern and eastern US increased speculations of easing heating demand. Natural gas for delivery in January lost 2.99% to $3.962 per million British thermal units by 11:18 GMT. Prices held in […]
Read moreDecember 1, 2014 9:11 am
Brent and West Texas Intermediate extended losses to the lowest in more than five years after OPEC decided against production cuts last week. Downbeat manufacturing data from China and Europe further weighed. January US crude fell by 2.74% on Monday to $64.34 per barrel by 08:34 GMT. Prices held in a daily range between $66.18 […]
Read moreDecember 1, 2014 8:34 am
Gold fell to the lowest in three weeks following a “no” vote in a Swiss referendum to more than double the central banks gold reserves and as tumbling oil prices downplayed concerns of inflation. A strong dollar, boosted by a weak euro and yen, also kept pressure on precious metals. Silver slid to the lowest […]
Read moreNovember 30, 2014 11:50 am
Natural gas fell further on Friday, marking a sizable weekly decline, as forecasts for mild weather across most of the US in early-December offset bullish US inventory data. On the New York Mercantile Exchange, natural gas for delivery in January settled 6.22% lower on Friday at $4.084 per million British thermal units, having fallen to […]
Read moreNovember 28, 2014 10:15 am
Natural gas fell for a fourth out of five trading sessions, despite huge inventory withdrawal, on projections of soft temperatures in early December. Natural gas for delivery in January fell by 3.49% to $4.203 per million British thermal units by 9:52 GMT on Friday, having ranged between $4.367 and $4.187 during the day. Prices slid […]
Read moreNovember 28, 2014 9:13 am
Gold declined for third day, breaking its range and heading to a first weekly drop in a month on projections that low oil prices could decrease consumer prices and hurt the metals appeal as hedge. Comex gold for delivery in February fell by 1.17% to $1 183.5 per troy ounce by 8:48 GMT, having shifted […]
Read moreNovember 28, 2014 8:14 am
Brent and West Texas Intermediate continued their streak of losses, reaching their biggest daily decline in more than three years, after OPEC decided not to support prices by reducing production. January US crude fell by 7.67% on Friday to $68.04 per barrel by 07:55 GMT. Prices held in a daily range between $73.56 and $67.75 […]
Read moreNovember 27, 2014 12:44 pm
Gold was steady in quiet trade on Thursday as investors weighed global stimulus against prospects of rising rates in the US, while assets in the SPDR Gold Trust fell to the lowest in six years. Copper recovered from an eight-month low supported by monetary easing in top consumer China. Comex gold for delivery in February […]
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