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Gold trading outlook: futures steady ahead of Fed minutes

August 19, 2015 6:49 am
Gold was little changed on Wednesday as investors abstained from entering large positions before the Fed releases the minutes of its July policy meeting which are expected to bring clues on the likelihood of an interest rate hike in September. Gold for delivery in December was up 0.09% at $1 117.9 per troy ounce at […] Read more

Natural gas trading outlook: futures extend drop on cooler weather

August 18, 2015 8:39 am
Natural gas fell for a second day on Tuesday as cooler weather systems across portions of the US are expected to curb cooling demand this week and the next, while Thursdays inventory report by the EIA will likely show a build exceeding the one from last week. Natural gas for delivery in September traded 0.07% […] Read more

Gold trading outlook: futures steady with Fed minutes in focus

August 18, 2015 7:09 am
Gold was little changed on Tuesday as investors weighed a looming US interest rate hike against increased safe-haven demand spurred by Chinas surprising devaluation of the yuan last week. Gold futures for delivery in December traded 0.03% lower at $1 118.1 per troy ounce at 06:42 GMT, shifting in a daily range of $1 119.1 […] Read more

Natural gas trading outlook: futures drop on mid-week cooling

August 17, 2015 8:42 am
Natural gas fell on Monday amid forecasts for an unseasonably cool weather system over the north-central US to curb cooling demand later this week, but losses were limited by the expected return of very warm to hot weather afterwards. Natural gas for delivery in September traded 0.71% lower at $2.781 per million British thermal units […] Read more

Gold trading outlook: futures extend gains on US rates speculations

August 17, 2015 7:25 am
Gold for delivery in December rose on Monday, extending the biggest weekly advance since mid-June, amid speculations Chinas currency devaluation last week may prompt the Federal Reserve not to raise interest rates in September, while the Asian country said it increased its gold reserves in July following a disappointing stockpiles report last month. The December […] Read more

Natural gas futures headed for weekly gain despite bearish EIA data

August 14, 2015 8:20 am
Natural gas rebounded on Friday following a sharp drop on Thursday as investors looked past a bearish inventory report by the Energy Information Administration and once again focused on forecasts for hot weather. Natural gas for delivery in September traded 0.86% higher at $2.811 per million British thermal units at 07:57 GMT, shifting in a […] Read more

Gold trading outlook: futures set for weekly gain

August 14, 2015 7:17 am
Gold was steady on Friday following Thursdays losses that ended the longest daily advance since May as the Peoples Bank of China verbally supported the yuan and calmed fears of a broad currency war. Gold futures for delivery in December traded 0.04% lower at $1 115.2 per troy ounce at 06:50 GMT, shifting in a […] Read more

Gold trading outlook: futures hold near 3-1/2-week high on currency fears

August 13, 2015 7:18 am
Gold fell in early European trading on Thursday as the US dollar firmed and a report showed that global demand for the precious metal fell to a six-year low in the second quarter. Prices, however, held near a three-week high amid speculations a weaker yuan may impact the Federal Reserves monetary actions. Gold futures for […] Read more

Natural gas futures advance on hot weather outlook

August 12, 2015 9:10 am
Natural gas rose for a third day on Wednesday as investors focused on latest weather data showing a warmer trend over the majority of the US after August 20th, but gains were limited by expectations for tomorrows EIA report to show an inventory build above the average. Natural gas for delivery in September traded 0.74% […] Read more