December 11, 2014 9:12 am
Gold fell on Thursday to trade below the seven-week high it reached yesterday as weak dollar and equities boosted the precious metals appeal as safe-haven. Comex gold for delivery in February dropped 0.58% to $1 222.3 per troy ounce by 08:54 GMT, having shifted in a daily range of $1 233.4-$1 221.4 an ounce. The […]
Read moreDecember 11, 2014 8:08 am
Both Brent and West Texas Intermediate edged up on Thursday, after marking new five-year lows yesterday, although the bearish sentiment persists as Saudi Arabia doesnt feel the need to cut production, further bolstering speculation that OPECs number one is defending its market share. January US crude climbed 0.48% on Thursday to $61.23 per barrel by […]
Read moreDecember 10, 2014 10:23 am
Natural gas decreased on Wednesday, marking a second drop this week on projections of milder weather over the majority of the US as the energy source swings between losses and gains. Natural gas for delivery in January fell 0.66% to $3.628 per million British thermal units by 10:19 GMT. Prices held in a daily range […]
Read moreDecember 10, 2014 9:06 am
Gold moderated increases on Wednesday, marking a third consecutive trading session of gains as dollar and equity weakness boosted the precious metals appeal as hedge. Comex gold for delivery in February gained 0.01%, to $1 232.1 per troy ounce by 09:02 GMT, having shifted in a daily range of $1 238.9-$1 227.6 an ounce. The […]
Read moreDecember 10, 2014 8:11 am
Both Brent and West Texas Intermediate fell on Wednesday after ending five consecutive days of losses with yesterdays increase as an Iranian official warned that prices would fall further if OPEC does not intervene. January US crude fell 1.22% on Wednesday to $63.04 per barrel by 07:45 GMT. Prices held in a daily range between […]
Read moreDecember 9, 2014 10:11 am
Natural gas increased on Monday for a second time out of tree trading sessions as forecasts project possible colder weather later this month. Natural gas for delivery in January climbed 1.78% to $3.659 per million British thermal units by 9:53 GMT. Prices held in a daily range between $3.675 and $3.608. The energy source dropped […]
Read moreDecember 9, 2014 8:57 am
Gold traded above the $1 200 level, after increasing the most in a week as investors resumed interest in the precious metal, but remained concerned about the possibility of a sooner rather than later increase of U.S. interest rates. Comex gold for delivery in February gained 1.01%, its biggest intraday increase since December 1, to […]
Read moreDecember 9, 2014 8:05 am
Both Brent and West Texas Intermediate fell further and hit new five-year lows as Iraq also offered its crude at a discount in the Asian market, providing additional evidence that OPEC is defending its market share. January US crude fell 0.82% on Tuesday to $62.53 per barrel by 07:51 GMT. Prices held in a daily […]
Read moreDecember 8, 2014 10:35 am
Natural gas is back on the losing streak, after a week of four out of five declines, as forecasts predict milder weather over the most US regions. Natural gas for delivery in January fell 1.58% to $3.742 per million British thermal units by 10:15 GMT. Prices held in a daily range between $3.785 and $3.727. […]
Read moreDecember 8, 2014 9:30 am
Gold edged up on Monday, but traded below $1 200 as stronger US non-farm payrolls report landed support to the already robust dollar. Comex gold for delivery in February gained 0.52% to $1 195.4 per troy ounce by 9:09 GMT, having shifted in a daily range of $1 198.7-$1 187.3 an ounce. The precious metal […]
Read more