December 19, 2014 1:06 pm
Gold was headed to its first weekly decline in three as the dollar strengthened and as an upbeat US economic outlook and a stabilizing ruble revived risk appetite. Silver, platinum and palladium were mostly steady. Copper advanced as investors returned to the market. Comex gold for delivery in February gained 0.22% to $1 197.4 per […]
Read moreDecember 19, 2014 10:26 am
Natural gas fell for a fourth session in five this week, despite forecasting agencies projections for a colder end of the year. On the New York Mercantile Exchange, natural gas for delivery in January declined by 0.47% to $3.625 per million British thermal units by 10:05 GMT, having shifted in a daily range between $3.677 […]
Read moreDecember 19, 2014 8:48 am
Gold scored a slight increase on Friday, but continued to trade below $1 200 and headed to its first weekly decline in three after Fed officials confirmed they will raise interest rates in 2015. Comex gold for delivery in February gained 0.27% to $1 198.0 per troy ounce by 08:26 GMT, having shifted in a […]
Read moreDecember 19, 2014 8:33 am
Both West Texas Intermediate and Brent crude remained near the lowest levels in 5-1/2 years as global oil oversupply showed no signs of receding, with Saudi Arabias oil minister saying the price slump was temporary. US crude for delivery in February traded at $54.73 per barrel at 8:10 GMT, up 0.68% on the day, having […]
Read moreDecember 18, 2014 3:55 pm
Natural gas clung on to gains on Thursday after the Energy Information Administration reported a larger-than-expected decline in US gas inventories, adding to bullish sentiment fanned by weather forecasts for a colder end to the year. On the New York Mercantile Exchange, natural gas for delivery in January was up 1.35% at $3.752 per million […]
Read moreDecember 18, 2014 1:09 pm
Gold gained on Thursday after the US Federal Reserve announced it would not immediately raise interest rates and on signs of higher physical demand. Silver, platinum and palladium also jumped. Copper swung between gains and losses as the US dollar fluctuated and oil prices rebounded, while China showed new signs of slack. Comex gold for […]
Read moreDecember 18, 2014 10:04 am
Natural gas fell for a third session out of four on Thursday, despite weather agencies warnings for a colder end of the year. On the New York Mercantile Exchange, natural gas for delivery in January fell 0.35% to $3.689 per million British thermal units by 9:48 GMT, having shifted in a daily range between $3.715 […]
Read moreDecember 18, 2014 8:55 am
Gold gained on Thursday after the US Federal Reserve announced it would not immediately raise interest rates despite signs of strengthening US economy. Comex gold for delivery in February gained 0.51% to $1 200.6 per troy ounce by 08:38 GMT, having shifted in a daily range of $1 202.0-$1 188.5 an ounce. The precious metal […]
Read moreDecember 18, 2014 8:37 am
West Texas Intermediate crude shifted between gains and losses, while Brent was steady above $61, as investors weighed record high US production and signs that Iran wont cut output against an upbeat US economic outlook and as companies around the world halted investment plans. US crude for delivery in February was down 0.33% on the […]
Read moreDecember 17, 2014 4:14 pm
The Energy Information Administration said in its weekly crude oil inventories report that domestic production rose to a new record, while imports slid. US crude for delivery in February was up 0.57% for the day at $56.58 per barrel at 16:02 GMT, having shifted in a daily range of $56.82-$54.60. The contract settled unchanged at […]
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