November 27, 2014 12:44 pm
Gold was steady in quiet trade on Thursday as investors weighed global stimulus against prospects of rising rates in the US, while assets in the SPDR Gold Trust fell to the lowest in six years. Copper recovered from an eight-month low supported by monetary easing in top consumer China. Comex gold for delivery in February […]
Read moreNovember 27, 2014 10:42 am
Gold fell in quiet trade on Thursday as assets in the top bullion exchange-traded fund fell to a new six-year low and investors awaited the results from the Swiss referendum on Sunday. Comex gold for delivery in February fell by $2.8 to $1 194.7 per troy ounce by 10:30 GMT, having shifted in a daily […]
Read moreNovember 27, 2014 9:19 am
Brent and West Texas Intermediate extended their declines into a fourth day to reach fresh four-year lows as a production cut agreement at OPECs meeting in Vienna seemed unlikely. January US crude fell by $1.47 on Thursday to $72.22 per barrel by 09:01 GMT. Prices held in a daily range between $73.56 and $71.89 a […]
Read moreNovember 27, 2014 8:53 am
Natural gas fell slightly in quiet holiday trading on Thursday and extended its weekly decline as market players looked past a huge inventory withdrawal, with weather models pointing to a mild start to December. Natural gas for delivery in January fell by $0.004 to $4.351 per million British thermal units by 8:35 GMT on Thursday, […]
Read moreNovember 26, 2014 4:05 pm
West Texas Intermediate fell on Wednesday as the Energy Information Administration reported a larger-than-expected jump in US crude oil inventories in the week ended November 21st, while domestic crude production surged to a new record. Brent fell as well. January US crude fell 0.63% to $73.62 per barrel by 15:42 GMT. Prices held in a […]
Read moreNovember 26, 2014 1:20 pm
Gold traded in a tight range on Wednesday as investors abstained from entering big positions ahead of the Thanksgiving Day holiday, while weighing global stimulus against prospects of monetary tightening in the US. Copper slid for a third day amid fears of falling global demand. Comex gold for delivery in February was down 0.04% at […]
Read moreNovember 26, 2014 11:30 am
Natural gas fell slightly after a one-day gain amid mixed weather forecasts predicting a colder Thanksgiving period, but also an overall mild start to December. Investors eyed Wednesdays EIA natural gas stockpiles report. Natural gas for delivery in January lost 0.45% to $4.383 per million British thermal units by 11:14 GMT. Prices held in a […]
Read moreNovember 26, 2014 8:59 am
Both West Texas Intermediate and Brent crude fell slightly on Wednesday as OPEC members failed to commit to oil production cuts one day before the groups scheduled meeting. January US crude fell 0.35% on Wednesday to $73.83 per barrel by 08:38 GMT. Prices held in a daily range between $74.24 and $73.64 a barrel, the […]
Read moreNovember 26, 2014 8:24 am
Gold hovered near the $1 200 mark on Wednesday as investors weighed global stimulus expansion versus prospects of tightening monetary policy in the US, eyeing a strong US dollar and the outcome of a Swiss referendum on central bank gold holdings. Comex gold for delivery in February was up 0.14% at $1 199.5 per troy […]
Read moreNovember 25, 2014 10:03 am
Natural gas swung between gains and losses as forecasting agencies predicted a mild start to December, followed by the return of colder-than-usual weather. Investors also eyed this weeks EIA inventory report, projected to show a triple-digit withdrawal. Natural gas for delivery in December gained 0.37% to $4.320 per million British thermal units by 9:37 GMT. […]
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