July 22, 2014 8:21 am
Gold futures were lower during early trade in Europe today, as traders eye a key US report on consumer inflation. Meanwhile, EU foreign ministers meet today, to discuss further actions towards Russia, in light of the MH17 incident. Gold futures for delivery in August traded for $1 300.2 per troy ounce at 8:55 GMT on […]
Read moreJuly 22, 2014 7:25 am
WTI and Brent futures were higher during midday trade in Europe today, as traders await key reports on US oil inventories. EU foreign ministers meet today to discuss further actions against Moscow, in light of the MH17 incident. WTI for September delivery on the NYMEX trade for $103.15 per barrel at 7:22 GMT today, up […]
Read moreJuly 21, 2014 2:34 pm
Both Brent and West Texas Intermediate crude benchmarks swung between gains and losses on Monday as investors eyed the developments in eastern Ukraine where a Malaysian Air jet was shot down, deepening the worst standoff between Russia and the West since the Cold War. However, expectations that the expansion of Western sanctions against Russia will […]
Read moreJuly 21, 2014 1:17 pm
Gold extended its upward movement throughout Monday on rising safe haven demand as allegations by U.S. Secretary of State John Kerry tied Russia to the downing of Malaysia Airlines flight MH17, fueling fears of escalating tension between Russia and the West. Silver rose by more than 1%, while palladium traded little below a 13-year high. […]
Read moreJuly 21, 2014 9:55 am
Natural gas fell for a third straight day to hit the lowest level in eight months as US inventories continued to expand at higher-than-expected rates on the back of mild weather across most of the US high-consuming areas. On the New York Mercantile Exchange, natural gas futures for settlement in August fell by 1.87% to […]
Read moreJuly 21, 2014 8:44 am
Gold steadied above the key support level of $1 300 as rising tension between Russia and the West and deadly clashes in the Gaza Strip spurred safe haven demand, offsetting in the short-term the prospects of rising borrowing costs in the U.S. On the Comex division of the New York Mercantile Exchange, gold futures for […]
Read moreJuly 21, 2014 7:30 am
Both West Texas Intermediate and Brent crude futures swung between gains and losses after settling the prior week higher as investors kept a close watch on the worst conflict between Russia and the West since the end of the Cold War. Market players, however, doubted that the downing of the Malaysian Air jet over Eastern […]
Read moreJuly 20, 2014 10:33 am
Natural gas slid on Friday to the lowest level since end-November and marked a fifth straight weekly decline, the longest losing stretch in nearly two years, as mild temperatures across most of the US allowed for a yet another larger-than-expected injection in nationwide natural gas inventories. On the New York Mercantile Exchange, natural gas futures […]
Read moreJuly 20, 2014 5:33 am
Gold futures logged sizable losses this week, amid growing concerns that the Fed will be introduing a rate hike sooner than previously thought. Escalating tensions worldwide pared some of the losses, with Ukraine and Israel seeing more violence. Gold futures for delivery in August closed for $1 309.4 per troy ounce on Friday on the […]
Read moreJuly 19, 2014 6:04 am
WTI futures logged sizable gains this week, while Brent closed on par with last weeks price. A Malaysian airliner was shot down over Ukraine on Thursday, disturbing markets amid fresh sanctions against Russia. Meanwhile, an Israeli offensive in Gaza and US oil inventories draws also supported crude. West Texas Intermediate futures for settlement in August […]
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