November 20, 2014 10:56 am
Natural gas rose for the fourth day in five as Arctic temperatures across the central and eastern US fueled very strong early season heating demand. Market players eyed unclear weather models for the beginning of December and awaited EIAs inventory report. Natural gas for delivery in December rose by 2.17% to $4.466 per million British […]
Read moreNovember 20, 2014 9:50 am
Gold fell on Thursday, pressured by a stronger dollar, as Fed minutes revealed policymakers feared weakening inflation, while also signaling optimism about the US economys recovery. Falling support for a proposal that the Swiss National Bank backs more assets with gold also dampened the metals demand outlook. Comex gold for delivery in December slid 0.51% […]
Read moreNovember 20, 2014 8:44 am
West Texas Intermediate traded below $75 a barrel after US crude inventories rose more than expected last week, while Brent hovered around $78 amid growing speculations OPEC may scale back its collective output. Disappointing China data and a strong dollar weighed on the oil segment. January US crude was up 0.17% at $74.63 at 8:22 […]
Read moreNovember 19, 2014 4:07 pm
Both West Texas Intermediate and Brent crude were little changed after the Energy Information Administration stated a larger-than-expected jump in US crude oil inventories last week, while refinery utilization rose and distillate fuel stockpiles decreased. January US crude traded 0.13% higher at $74.74 per barrel at 15:54 GMT, having shifted in a daily range of […]
Read moreNovember 19, 2014 3:23 pm
Gold swung between gains and losses on Wednesday, with the US dollar remaining mostly steady, as investors eyed the highly-anticipated Fed minutes. Copper rose amid heightened risk appetite and as US building permits surged to the highest in six years. On the Comex division of the New York Mercantile Exchange, gold futures for settlement in […]
Read moreNovember 19, 2014 2:03 pm
Natural gas rallied on Wednesday as market players weighed short-term forecasts calling for Arctic temperatures across the central and eastern US against a milder outlook for the weekend and next week. On the New York Mercantile Exchange, natural gas for delivery in December rose 3.65% to $4.399 per million British thermal unit by 13:42 GMT. […]
Read moreNovember 19, 2014 9:19 am
Gold swung between gains and losses on Wednesday as investors avoided entering big positions before the Federal Reserve releases minutes from its October 28-29 policy meeting. A steady dollar kept upside movement checked. On the Comex division of the New York Mercantile Exchange, gold futures for settlement in December stood 0.08% higher at $1 198.0 […]
Read moreNovember 19, 2014 8:22 am
West Texas Intermediate and Brent crude fell in early European trading on Wednesday after private supply data showed a larger-than-expected build in US crude oil inventories last week. Brent remained near the lowest in more than four years as Saudi Arabia boosted its crude exports in September, while resisting calls from smaller OPEC producers to […]
Read moreNovember 18, 2014 2:16 pm
West Texas Intermediate and Brent crude fell for a second day as oil prices failed to find a stable floor before OPEC members convene next week to discuss the group’s production policy, while Iran met with world powers in Vienna for talks over the Islamic Republics nuclear program. Natural gas retreated after its biggest daily […]
Read moreNovember 18, 2014 1:23 pm
Gold held near the highest level since end-October as the US dollar fell against the euro amid improving economic sentiment in Europe and speculations the ECB might purchase assets, including gold, to battle low inflation. Copper declined on falling China housing prices. Silver, platinum and palladium rose. Comex gold for delivery in December rose 1.28% […]
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