January 6, 2015 12:52 pm
Gold rose for a third day to hit three-week highs as political uncertainty in Greece led a weakness in equities, sparking safe haven bids for bullion which offset the negative effects of a stronger dollar. Palladium and platinum ticked up, while silver was little changed. Copper hovered near 4-year lows as risk appetite remained subdued […]
Read moreJanuary 6, 2015 9:36 am
Natural gas fell for a fourth out of five sessions on Tuesday to trade above a two-year low it reached on Friday as forecasting agencies predicted milder conditions over most states. Natural gas for delivery in February traded 0.24% lower at $2.875 per million British thermal units at 9:12 GMT, having shifted in a daily […]
Read moreJanuary 6, 2015 8:45 am
West Texas Intermediate and Brent crude hit new multi-year lows after falling by more than 5% on Monday as speculations about a jump in US oil inventories last week exacerbated a global supply glut that has slashed the crude benchmarks by half since June. A strong dollar and lackluster manufacturing growth in major consumers further […]
Read moreJanuary 6, 2015 8:11 am
Gold rose for a third consecutive session on Tuesday as investors looked for the safety of the metal due to weakness in global equities and Greece concerns. Comex gold for delivery in February gained 0.40% to $1 208.8 per troy ounce by 07:50 GMT, having shifted in a daily range of $1 201.6 and $1 […]
Read moreJanuary 5, 2015 12:35 pm
Gold rose for a second day on Monday as the Eurozone braced for another Greek drama, spurring safe haven bids for the precious metal, while demand in China provided additional support. A strong dollar, however, kept gains checked. Copper slid for a third day, hovering near the lowest in 4-1/2 years, as weak manufacturing growth […]
Read moreJanuary 5, 2015 9:31 am
Natural gas edged up for a second session on Monday to drift further from a 27-month low as forecasting agencies predict incoming colder weather, with temperatures set to drop below the zero mark in some regions. Natural gas for delivery in February traded 3.33% higher at $3.103 per million British thermal units at 9:10 GMT, […]
Read moreJanuary 5, 2015 8:36 am
Gold rose for a second session on Monday as the precious metal was supported by strong Chinese demand weeks before traditional holidays. Comex gold for delivery in February gained 0.92% to $1 197.1 per troy ounce by 07:39 GMT, having shifted in a daily range of $1 198.0-$1 177.8 an ounce. The precious metal edged […]
Read moreJanuary 5, 2015 8:17 am
Both West Texas Intermediate and Brent crude fell on Monday after closing at the lowest in more than 5-1/2 years the previous session as Iraq plans to boost exports in January, while Russias output reached a post-Soviet record and the US pumps near the highest level in more than three decades. US crude for delivery […]
Read moreJanuary 4, 2015 9:38 am
West Texas Intermediate and Brent crude fell on Friday, capping a sixth consecutive weekly decline, as official data showed rising supplies from Russia and Iraq at times of ever-growing US output and OPEC resisting calls to cut output, while manufacturing activity in China and Europe stalled. US crude for delivery in February slid 1.09% on […]
Read moreJanuary 3, 2015 2:13 pm
Natural gas rose on Friday, recovering from a steep drop during the previous session that pushed it to the lowest in more than two years, as weather forecasts called for colder-than-usual weather during the coming week. On the New York Mercantile Exchange, natural gas for delivery in February rose 3.95% on Friday to settle the […]
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