October 22, 2014 9:06 am
Gold traded near a six-week peak, underpinned by strong physical demand from world No2 consumer India, and drew further support amid fears of a global economic slowdown. However, a stronger dollar, boosted by upbeat US data, kept the metals upward movement checked. Comex gold for delivery in December traded at $1 247.8 per troy ounce […]
Read moreOctober 22, 2014 7:43 am
West Texas Intermediate clung to overnight gains ahead of government data that may show US gasoline supplies fell to the lowest in two years. Brent was steady above $86 after rising Chinese crude demand offset a slowdown in the Asian economy, the worlds second-biggest consumer. US December crude traded 0.04% higher at $82.52 a barrel […]
Read moreOctober 21, 2014 2:49 pm
Both West Texas Intermediate and Brent benchmark crudes rose on Tuesday as investors weighed rising Chinese oil demand against ample supply and concerns of slowing global economic growth. Expectations for a drop in US refined product supplies also lent some support. Natural gas hovered near the lowest in 11 months amid forecasts for mild weather […]
Read moreOctober 21, 2014 1:21 pm
Gold retained daily gains near the highest level in six weeks as fears of a slowing global economy stoked safe-haven demand. Copper rose after Chinas economy growing at the slowest pace since early-2009 sparked hopes for the introduction of more stimulus measures. Comex gold for delivery in December rose to a six-week high of $1 […]
Read moreOctober 21, 2014 11:49 am
Natural gas fell for a sixth day and traded near the lowest level since mid-November as weather agencies forecast overall comfortable temperatures across most of the US throughout October. Market players eyed this weeks supply data, as well as weather systems in early-November which could bring widespread freezes. Natural gas for delivery in November slid […]
Read moreOctober 21, 2014 9:18 am
Gold rose to the highest in six weeks on Tuesday as easing China economic growth refueled concerns of a slowing global economy, while upbeat data from the US backed the case of policy makers ending Feds bond-buying program later this month. Assets in the SPDR Gold Trust fell to a new multi-year low. Comex gold […]
Read moreOctober 21, 2014 7:49 am
Both West Texas Intermediate and Brent benchmark crudes rose in early European trading on Tuesday as investors weighed rising Chinese oil demand against ample supply and concerns of slowing global economic growth. Expectations for a drop in US refined product supplies also lent some support. On the New York Mercantile Exchange, WTI crude for delivery […]
Read moreOctober 20, 2014 2:28 pm
West Texas Intermediate crude fell for the first time in three days and Brent dropped to $85 a barrel as fears of a global supply glut offset Iran seeking ways to halt oil’s rout, while Saudi Arabia and Kuwait cut output from an oilfield. Natural gas fell to a fresh 11-month low as weather forecasts […]
Read moreOctober 20, 2014 1:43 pm
Gold held close to the highest in five weeks on Monday as European equities slid, but last weeks upbeat US data kept gains in check. Copper hovered near a seven-month low amid fears that data from China tomorrow will confirm an economic slowdown. Comex gold for settlement in December added 0.51% by 13:18 GMT to […]
Read moreOctober 20, 2014 11:42 am
Natural gas fell for a fifth day as forecasting agencies predicted overall seasonal weather across most of the US with no imminent threat of widespread freezes, paving the way for more above-average inventory injections. On the New York Mercantile Exchange, natural gas for delivery in November fell 1.43% by 11:18 GMT to $3.712 per million […]
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