April 15, 2014 1:39 pm
Gold suffered losses as the Bureau of Labor Statistics revealed consumer inflation in the US gained on last months performance, exceeding forecasts. All signs point towards a healthy economic recovery and growth, strengthening the greenback and reducing demand for the precious metal. Gold futures for delivery in June traded at $1 294.20 per troy ounce […]
Read moreApril 15, 2014 12:10 pm
Both West Texas Intermediate and Brent crude benchmarks remained pressured to the downside throughout Tuesdays trading session ahead of government data that may show US crude oil inventories fell for a 12th week in 13 through April 11th, coupled with the prospects of a gradual increase in Libyan crude oil exports. Ukraine tension kept the […]
Read moreApril 15, 2014 9:31 am
Natural gas fell for a third day amid speculations that mild weather across most of the US through the end of April will help replenish the nations gas inventories, which were drained to an 11-year low by this years harsh winter weather. On the New York Mercantile Exchange, natural gas futures for settlement in May […]
Read moreApril 15, 2014 8:07 am
Gold retreated from Mondays three-week high levels as upbeat economic data from the US supported Feds previous decisions to continuously cut its monetary stimulus, offsetting safe-haven demand for the metal. Market players eyed an upcoming meeting in Geneva where diplomats from Russia, Ukraine and Western powers will holds talks on reaching a peaceful resolution to […]
Read moreApril 15, 2014 7:10 am
Both West Texas Intermediate and Brent crude benchmarks eased in early European trading on Tuesday ahead of government data that may show US crude oil inventories rose for a 12th week in 13 in the seven days ended April 11th. Investors also eyed the upcoming diplomatic meeting in Geneva where Western powers, Russia and Ukraine […]
Read moreApril 14, 2014 2:53 pm
Gold futures traded near the highest level in three weeks as escalating tension between Russia and Ukraine limited investors risk appetite and boosted the metals safe haven demand. Silver and platinum tracked the yellow metals upward movement and palladium surged to a three-year high. Copper gained as well as retail sales in the United States […]
Read moreApril 14, 2014 2:00 pm
Both West Texas Intermediate and Brent crude benchmarks pared their daily gains in late European trade on Monday as an alleged rise in Libyan crude oil exports offset fears of disruptions in energy supplies from Russia. Natural gas declined as milder weather conditions over parts of the US limited demand for the energy source. On […]
Read moreApril 14, 2014 12:34 pm
Gold traded near the highest level in three weeks as renewed fears of escalating tension between Ukraine and Moscow curbed investors risk appetite and boosted the metals safe haven demand. Last weeks Fed minutes continued to support the yellow metal. Palladium jumped to a three-year high. On the Comex division of the New York Mercantile […]
Read moreApril 14, 2014 11:11 am
Both West Texas Intermediate and Brent crude benchmarks rose on Monday as tensions escalated in east Ukraine, spurring fears of possible disruptions of energy exports to Europe. Limiting gains to some extent, operations at Libya’s Zawiya oil export terminal were resumed. On the New York Mercantile Exchange, WTI crude for delivery in May traded at […]
Read moreApril 12, 2014 10:22 am
Gold futures fell on Friday, but capped a second weekly gain as minutes from the Federal Reserve’s last policy meeting curbed expectations for higher interest rates in the US, while tension in Ukraine persisted. Meanwhile, assets in the SPDR Gold Trust, the biggest bullion-backed ETF, fell to a one-month low on Friday. On the Comex […]
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