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Gold trading outlook: prices drop despite fresh worries over Ukraine

August 18, 2014 8:44 am
Gold prices were lower during early trade in Europe today, as investors were still in denial over a possible further deterioration of the crisis in Ukraine. Palladium did climb to a new 13-year high, as traders acknowledged the risks for top-producer Russia. Gold futures for December settlement on the Comex in New York traded at […] Read more

Natural gas trading outlook: futures extend losses on mild weather outlook

August 18, 2014 8:17 am
Natural gas fell to a three-week low on Monday, extending its previous weeks decline, as weather forecasts called for cooler-than-seasonal weather across most of the US through the end of August, despite a minor warm-up in the central and northern US which is expected to take place this week. On the New York Mercantile Exchange, […] Read more

Gold futures weekly recap, August 11 – August 15

August 16, 2014 7:34 am
Gold futures traded in a relatively narrow range this week, as investors saw mixed economic data, as well as both tensions and relief on the geopolitical scene. US stocks found increased demand, while the dollar and euro failed to find a direction. Gold futures for delivery in December dropped 0.72% on Friday, closing at $1,306.2 […] Read more

Crude oil trading outlook: WTI and Brent prices headed for sizable weekly drop

August 15, 2014 2:40 pm
WTI and Brent futures were higher during midday trade in Europe today, though headed for significant weekly losses, as investors saw brighter outlooks for Iraq. A bearish report on US oil inventories also weighed, while ongoing tensions over Ukraine offset further losses. WTI for delivery in September traded at $96.13 per barrel at 14:37 GMT […] Read more

Natural gas trading outlook: prices soar on smaller than expected US storage build

August 14, 2014 2:40 pm
Natural gas prices jumped after the US posted its weekly natgas storage report, revealing a sixteenth straight larger-than-average weekly injection. The build, however, was not quite as big as expected and spurred buying, lifting prices for the blue fuel. Natural gas for delivery in September traded at $3.935 per million British thermal units (mBtu) at […] Read more

Commodities trading outlook: gold, silver and copper futures

August 14, 2014 12:31 pm
Gold prices were lower during midday trade in Europe today, as investors assessed worse-than-expected EU economic figures. Meanwhile, copper futures also declined, in light of slowing EU growth. Gold futures for delivery in December on the Comex in New York traded at $1,312.0 per troy ounce at 12:24 GMT today, down 0.19%. Prices ranged from […] Read more

Natural gas trading outlook: prices slump ahead of US inventories

August 14, 2014 9:35 am
Natural gas futures continued downwards during early trade in Europe today, after logging the biggest daily loss in a month on Wednesday. Investors await the key US natgas storage report, which will probably reveal another sizable build. Natural gas for delivery in September traded at $3.825 per million British thermal units (mBtu) at 8:54 GMT […] Read more

Gold trading outlook: prices rise as economy, geopolitics assessed

August 14, 2014 8:17 am
Gold futures were higher during early trade in Europe today, as investors weighed economic figures from the Eurozone and the US, and geopolitical risks from the conflicts in the Middle East and Ukraine. Gold futures for delivery in December on the Comex in New York traded at $1,317.8 per troy ounce at 8:16 GMT today, […] Read more