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Gold trading outlook: futures climb ahead of the weekend, stocks soar

July 4, 2014 7:37 am
Gold futures were higher during early trade in Europe today. The US mark Independence Day, which will keep activities on the market muted. The US posted significantly improving employment figures yesterday, pressuring havens. Gold futures for delivery in August traded for $1 323.8 per troy ounce at 7:34 GMT on the COMEX in New York […] Read more

Crude oil trading outlook: WTI and Brent futures steady as US holiday underway

July 4, 2014 6:16 am
WTI and Brent futures were steady over electronic trading during early hours in Europe today. Shockingly improving employment figures from the US were unable to lift crude higher, as Libya supply prospects grew and US inventories were drawn. Iraq worries eased, though militants held firm. West Texas Intermediate futures for settlement in August traded for […] Read more

Commodities trading outlook: crude oil and natural gas futures

July 3, 2014 2:41 pm
WTI and Brent futures were lower during afternoon trade in Europe today, as Libya increased its potential output. Shockingly improving employment figures from the US were unable to lift crude higher. Meanwhile, natural gas futures rose, as the US posted the weekly inventories report. West Texas Intermediate futures for settlement in August traded for $103.89 […] Read more

Commodities trading outlook: gold, silver and copper futures

July 3, 2014 1:11 pm
Gold and silver futures were lower during midday trade in Europe today, as the US posted shockingly improving employment figures and the ECB revealed its rate decision. Meanwhile, copper futures recovered some earlier losses, after a sizable gain on Wednesday. Gold futures for delivery in August traded for $1 316.7 per troy ounce at 13:09 […] Read more

Natural gas trading outlook: futures climb ahead of the EIA report

July 3, 2014 9:26 am
Natural gas futures were higher during early trade in Europe today, ahead of the US weekly inventories levels report. Analysts suggest another sizable gain for nat gas stocks, while weather patterns project more moderate weather for the US in the mid term. Front month natural gas futures, due in August, added 0.21% at the New […] Read more

Gold trading outlook: futures slip ahead of US payrolls, ECB rates

July 3, 2014 7:41 am
Gold futures were lower during early trade in Europe today, ahead of key figures on US employment and an ECB rate decision later today. US stocks and the dollar continued gaining. Friday is July 4, US Independence Day, a holiday in the States, meaning trade will probably be muted starting later today. Gold futures for […] Read more

Commodities trading outlook: crude oil and natural gas futures

July 2, 2014 2:41 pm
WTI and Brent futures were lower during afternoon trade in Europe today, as the US posted official weekly figures on oil inventories. Meanwhile, natural gas futures were also lower, as analysts expect another triple-digit gain for blue fuel stocks be reported tomorrow. West Texas Intermediate futures for settlement in August traded for $104.65 per barrel […] Read more

Commodities trading outlook: gold, silver and copper futures

July 2, 2014 12:40 pm
Gold and silver futures were lower during midday trade in Europe today, as the US posted soaring employment figures. Traders await key reports from the US and Eurozone to make bigger moves, while stocks and SPDR assets gained. Meanwhile, copper futures were higher ahead of US factory orders report. Gold futures for delivery in August […] Read more