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Commodities trading outlook: gold, silver and copper futures

June 19, 2014 12:43 pm
Gold and silver futures were higher during midday trade in Europe today, as a weekly report revealed improving labor market figures in the US. Meanwhile, copper futures were relatively steady. Gold futures for delivery in August traded for $1 287.3 per troy ounce at 12:39 GMT on the COMEX in New York today, up 1.15%. […] Read more

Commodities trading outlook: crude oil and natural gas futures

June 18, 2014 2:47 pm
WTI and Brent futures declined during afternoon trade in Europe today, as the US posted weekly figures on oil inventories. Iraq saw intense fighting, but exports seemed safe enough. Meanwhile, natural gas futures were steady, while US weather patterns project warmer days this week. West Texas Intermediate futures for settlement in July traded for $106.29 […] Read more

Commodities trading outlook: gold, silver and copper futures

June 18, 2014 11:59 am
Gold and silver futures were steady during midday trade in Europe today, as investors keenly await announcements from the Feds meeting later today. Meanwhile, copper futures were higher, drawing support from the initiated Chinese “mini-stimulus” measures. Gold futures for delivery in August traded for $1 271.5 per troy ounce at 11:56 GMT on the COMEX […] Read more

Natural gas trading outlook: futures unchanged amid rising temperatures in the US

June 18, 2014 9:29 am
Natural gas futures were little changed during early trade in Europe today. Rising temps over top-consumer US are set to limit upcoming gains for natural gas inventories. The official report on stockpiles levels is due tomorrow. Front month natural gas futures, due in July, added 0.08% at the New York Mercantile Exchange to trade for […] Read more

Gold trading outlook: futures lower ahead of FOMC decisions; US data, Iraq

June 18, 2014 8:16 am
Gold futures were lower during early trade in Europe today. Traders await key announcements after the Feds meeting today. The US posted some mixed data yesterday, with improving consumer inflation and a sharp fall for housing figures. Iraq still offers some support, with militants advancing in OPECs second-top oil producer. Gold futures for delivery in […] Read more

Commodities trading outlook: crude oil and natural gas futures

June 17, 2014 2:48 pm
WTI and Brent futures were relatively unchanged during afternoon trade in Europe today, after the US posted key economic readings. Iraq kept firm support for prices, as rebels advanced towards Baghdad, though it failed to generate further gains. Meanwhile, natural gas futures were also steady, as weather patterns project more heat for top-consumer US. West […] Read more