January 27, 2015 10:35 am
Gold was little changed on Tuesday after two days of declines amid speculations that the Federal Reserve will not initiate an interest rate hike at its upcoming policy meeting, despite a stronger US economy. Silver, platinum and palladium were little changed. Copper slid after government data showed a slowdown in Chinese industrial profits growth to […]
Read moreJanuary 27, 2015 9:43 am
Natural gas pared overnight losses on Tuesday amid speculation that frigid weather across the Northeast will induce heavy local heating demand. Gains, however, were limited as the rest of the US remains mostly warmer-than-usual. Natural gas for delivery in March traded 3.62% higher at $2.951 per million British thermal units at 9:22 GMT. Prices shifted […]
Read moreJanuary 27, 2015 8:37 am
Gold was little changed on Tuesday after two days of declines amid speculations that the Federal Reserve will not initiate an interest rate hike at its upcoming policy meeting, despite a stronger US economy. Comex gold for delivery in February slid 0.04% to $1 278.9 per troy ounce by 08:18 GMT, shifting in a daily […]
Read moreJanuary 27, 2015 8:16 am
West Texas Intermediate and Brent crude extended weekly losses as OPEC comments that prices may have bottomed out failed to shift focus from the imminent signs of a global supply overhang. Expectations for a jump in US crude inventories to a record level further dragged on prices. US crude for delivery in March fell 0.24% […]
Read moreJanuary 26, 2015 11:00 am
Gold fell on Monday amid a firm dollar but still held close to a 5-month high as investors feared that a possible Greek collision with international lenders would destabilize the euro area. Copper tumbled to the lowest in 5-1/2 years due to the uncertainties in Europe and concerns of weaker demand from top metals consumer […]
Read moreJanuary 26, 2015 9:53 am
Natural gas extended last weeks losses into Monday as forecasts called for warmer-than-usual weather across the majority of the US through early-February, while this weeks inventory report by the EIA is expected to show a smaller-than-average drop in stockpiles. Natural gas for delivery in February slid 4.66% to $2.847 by 9:30 GMT on the New […]
Read moreJanuary 26, 2015 8:35 am
Gold steadied around a five-month high on Monday after the Greek vote showed a decisive win for the anti-austerity party Syriza, prompting investors to seek the safety of the metal. Comex gold for delivery in February traded at $1 287.7 per troy ounce at 08:10 GMT, down 0.38% for the day, shifting in a daily […]
Read moreJanuary 26, 2015 8:19 am
Brent crude fell on Monday, while West Texas Intermediate slid to the lowest in almost six years, as the euro tumbled to near an 11-year low against the dollar and Saudi Arabias new king pledged to maintain his predecessors oil policy. On the New York Mercantile Exchange, WTI crude for delivery in March slid 1.38% […]
Read moreJanuary 25, 2015 8:43 am
Gold slid on Friday to mark its third consecutive weekly increase and although the gain was not as impressive as last weeks 5%, it outlined continued investor interest towards the metal. Comex gold for delivery in February fell 0.62% to $1 292.6 per troy ounce, settling 1.23% higher for the week. The precious metal slid […]
Read moreJanuary 24, 2015 10:03 am
Natural gas rallied more than 5% on Friday but ended the very volatile week lower amid forecasts for active weather through the first week of February, with significant temperature differentials between the North and the South. Natural gas for delivery in February rose 5.33% to $2.986 on Friday, trimming its weekly decline to 4.5%. Prices […]
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