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Gold futures trading outlook: losses deepen amid upbeat US economic data

July 24, 2015 7:35 am
Gold fell to a fresh five-year low on Friday, headed for a fifth straight weekly decline which would be the longest such losing stretch since 2012, as more better-than-expected economic data from the US backed the case of an interest rate hike this year. Gold futures for delivery in August traded 1.12% lower at $1 […] Read more

Natural gas trading outlook: futures drop before EIA inventory report

July 23, 2015 8:12 am
Natural gas fell in early European trading on Thursday before data by the EIA allegedly shows a larger-than-average inventory build, while a cooling across the north-eastern US curbs demand for another day. Natural gas for delivery in August traded 0.52% lower at $2.882 per million British thermal units at 07:50 GMT, shifting in a daily […] Read more

Gold futures gain ground but bearish outlook persists

July 23, 2015 7:08 am
Gold snapped 10 straight days of losses on Thursday but downside risk remained intact, with gold-backed ETFs continuing to liquidate and another bit of US data backing the case of a robust economic recovery. Gold futures for delivery in August traded 0.49% higher at $1 096.9 per troy ounce at 06:38 GMT, shifting in a […] Read more

Natural gas trading outlook: futures little changed ahead of EIA data

July 22, 2015 8:13 am
Natural gas was steady in early European trading on Wednesday as investors weighed a short-term cooling across the north-eastern US and a larger-than-average inventory build to be reported on Thursday against an extended outlook for very warm conditions across almost the entire country. Natural gas for delivery in August traded 0.10% lower at $2.879 per […] Read more

Gold trading outlook: futures extend rout with more losses seen

July 22, 2015 7:00 am
Gold fell for a tenth straight session on Wednesday, headed for the longest losing stretch since 1996, as investors weighted the chance of a US interest rate hike in as early as September, with bearish headwinds broadly expected to continue. Gold futures for delivery in August traded 0.74% lower at $1 095.3 per troy ounce […] Read more

Natural gas trading outlook: futures steady with weather in focus

July 21, 2015 8:48 am
Natural gas rose slightly in early European trading on Tuesday, with market players eyeing active weather across the north-eastern US and an above-average inventory gain last week, while the rest of the country remains very warm to hot. Natural gas for delivery in August traded 0.46% higher at $2.836 per million British thermal units at […] Read more

Natural gas trading outlook: futures drop ahead of slight NE cooling

July 20, 2015 9:05 am
Natural gas fell on Monday before cooler weather systems impact the US Midwest and Northeast mid-week, but losses were capped by an expected return of above-average temperatures and a leaner inventory build to be reported on Thursday. Natural gas for delivery in August traded 1.50% lower at $2.827 per million British thermal units at 08:42 […] Read more

Gold futures hit 5-year low on US rate outlook, China inventories

July 20, 2015 7:36 am
Gold fell to the lowest in more than five years on Monday, extending a fourth week of losses, amid the prospects of the first interest rate hike in the US in almost a decade and after China reported smaller inventories of the precious metal than analysts expected. Gold for delivery in August traded 1.48% lower […] Read more