October 16, 2014 12:00 pm
Natural gas traded near the lowest in five weeks as weather forecasting agencies predicted no widespread freezes in the US through the end of October, curbing heating demand and allowing inventories to continue replenishing. Market players awaited the release of EIAs supply data, due at 14:30 GMT. November natural gas traded at $3.818 per million […]
Read moreOctober 16, 2014 9:04 am
Gold hovered near a five-week high reached yesterday as downbeat data from the US, Europe and China sparked new fears of an economic slowdown, forcing investors to seek safe haven and sending equities and the dollar falling. Silver, platinum and palladium marked minor daily losses. Comex gold for settlement in December traded 0.43% lower at […]
Read moreOctober 16, 2014 7:50 am
West Texas Intermediate crude slid from the lowest in more than two years, while Brent hovered near a four-year trough after bearish supply data by the American Petroleum Institute came in consonance with fears of declining demand, exacerbating a global supply glut. Market players now awaited the Energy Information Administrations government data, due today at […]
Read moreOctober 15, 2014 2:33 pm
West Texas Intermediate crude fell to a 27-month trough and Brent declined to the lowest since November 2010 as easing global demand growth limited demand at times of ample supply. Natural gas fell for a second day. US November crude traded 0.50% higher at $82.25 per barrel at 14:06 GMT, having earlier plunged to $80.01, […]
Read moreOctober 15, 2014 1:34 pm
Gold pared its daily losses on Wednesday as the US dollar retreated after downbeat producer inflation and retail sales data eased speculations of an earlier-than-expected interest rate hike by the Federal Reserve. Copper retreated from a 3-1/2 week high following overall downbeat inflation data from China. Comex gold for settlement in December reversed earlier losses […]
Read moreOctober 15, 2014 10:21 am
Natural gas rebounded from a 1-month low touched on Tuesday as weather forecasters predicted below-normal temperatures in some high-consuming US areas. However, the lack of persistent freezing temperatures, probably throughout October, kept gains in check. On the New York Mercantile Exchange, natural gas for delivery in November traded 1.02% higher at $3.855 per million British […]
Read moreOctober 15, 2014 8:10 am
Gold fell on Wednesday as the US dollar gained for a second day, buoyed by a weak euro, and as four-week high prices limited demand. Silver, platinum and palladium fell. Comex gold for settlement in December fell by 0.87% by 7:51 GMT to $1 223.5 per troy ounce, having ranged between $1 233.3 and $1 […]
Read moreOctober 15, 2014 7:19 am
West Texas Intermediate crude hovered near yesterdays two-year low while Brent recovered above $85 from a four-year low after the International Energy Agency trimmed its global oil demand growth estimate for this year for the fourth consecutive month. US November crude traded 0.27% higher at $82.06 per barrel at 6:58 GMT, having shifted in a […]
Read moreOctober 14, 2014 2:36 pm
Brent crude fell to the lowest level since December 2010 and WTI extended its drop after the International Energy Agency cut its estimate for global oil demand growth this year for the fourth consecutive month to the lowest pace since 2009. Natural gas swung between gains and losses. On the New York Mercantile Exchange, November […]
Read moreOctober 14, 2014 2:00 pm
Gold rose to a fresh four-week high on Monday after fears of a global economic slowdown sent equities falling, stoking safe haven demand. Assets in the SPDR Gold Trust saw their first inflow in five weeks. Copper jumped on China optimism. Comex gold futures for settlement in December traded at $1 232.1 per troy ounce […]
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