January 28, 2015 11:00 am
Gold traded in a narrow range on Wednesday as investors weighed the possibility for an interest rate increase as an outcome of the Federal Reserve’s two-day policy meeting. Silver fell as well, while copper gained. Comex gold for delivery in February slid 0.39% to $1 286.7 per troy ounce by 12:34 GMT, shifting in a […]
Read moreJanuary 28, 2015 10:05 am
Natural gas fell on Wednesday as the blizzard that recently brought heavy snows across the Northeast dissipated, leaving behind only below-average readings, while most of the remaining portions of the US remained near or warmer than usual. Natural gas for delivery in March fell 2.76% to $2.854 per million British thermal units by 9:40 GMT, […]
Read moreJanuary 28, 2015 9:09 am
Both West Texas Intermediate and Brent crude returned to losses on Wednesday following a dollar-induced rally the prior session as a private report showed a much larger than expected build in US crude oil inventories, while the dollar firmed. US crude for delivery in March traded 1.62% lower at $45.48 per barrel at 8:46 GMT, […]
Read moreJanuary 28, 2015 8:08 am
Gold fell on Wednesday as investors weighed the possibility for an interest rate increase as an outcome from the Federal Reserves two-day policy meeting. Comex gold for delivery in February slid 0.36% to $1 287.1 per troy ounce by 07:46 GMT, shifting in a daily range of $1 293.3 – $1 286.6. The precious metal […]
Read moreJanuary 27, 2015 10:35 am
Gold was little changed on Tuesday after two days of declines amid speculations that the Federal Reserve will not initiate an interest rate hike at its upcoming policy meeting, despite a stronger US economy. Silver, platinum and palladium were little changed. Copper slid after government data showed a slowdown in Chinese industrial profits growth to […]
Read moreJanuary 27, 2015 9:43 am
Natural gas pared overnight losses on Tuesday amid speculation that frigid weather across the Northeast will induce heavy local heating demand. Gains, however, were limited as the rest of the US remains mostly warmer-than-usual. Natural gas for delivery in March traded 3.62% higher at $2.951 per million British thermal units at 9:22 GMT. Prices shifted […]
Read moreJanuary 27, 2015 8:37 am
Gold was little changed on Tuesday after two days of declines amid speculations that the Federal Reserve will not initiate an interest rate hike at its upcoming policy meeting, despite a stronger US economy. Comex gold for delivery in February slid 0.04% to $1 278.9 per troy ounce by 08:18 GMT, shifting in a daily […]
Read moreJanuary 27, 2015 8:16 am
West Texas Intermediate and Brent crude extended weekly losses as OPEC comments that prices may have bottomed out failed to shift focus from the imminent signs of a global supply overhang. Expectations for a jump in US crude inventories to a record level further dragged on prices. US crude for delivery in March fell 0.24% […]
Read moreJanuary 26, 2015 11:00 am
Gold fell on Monday amid a firm dollar but still held close to a 5-month high as investors feared that a possible Greek collision with international lenders would destabilize the euro area. Copper tumbled to the lowest in 5-1/2 years due to the uncertainties in Europe and concerns of weaker demand from top metals consumer […]
Read moreJanuary 26, 2015 9:53 am
Natural gas extended last weeks losses into Monday as forecasts called for warmer-than-usual weather across the majority of the US through early-February, while this weeks inventory report by the EIA is expected to show a smaller-than-average drop in stockpiles. Natural gas for delivery in February slid 4.66% to $2.847 by 9:30 GMT on the New […]
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