April 8, 2014 6:53 am
God futures traded above $1 300 per troy ounce on Tuesday as geopolitical tensions in Ukraine increased the safe-haven appeal of the precious metal. Assets in the SPDR Gold Trust, the biggest bullion-backed ETF, were unchanged yesterday after falling to the weakest level in almost a month on April 4. On the Comex division of […]
Read moreApril 8, 2014 6:50 am
Both West Texas Intermediate and Brent crude benchmarks rebounded on Tuesday supported by rising tensions between Russia and the West and on expectations US motor gasoline inventories fell for a seventh straight week. Gains however were checked by the prospects of rising output in Libya, coupled with signs of a further thaw in relations between […]
Read moreApril 7, 2014 2:09 pm
Both West Texas Intermediate and Brent crude benchmarks fell on Monday after a deal between rebels and Libya’s central government paved the way for the reopening of four exports terminals. Losses however were capped by stronger demand outlook in the US after Friday’s robust employment data, coupled with persistent geopolitical tensions between Russia and the […]
Read moreApril 7, 2014 1:39 pm
During Friday’s trading session wheat futures for delivery in May traded within the range 658.9-676.3 and closed at 670.3. At 13:36 GMT today wheat futures for settlement in May traded at 675.1 US cents per bushel, adding 0.76% for the day. The contract breached the first key resistance of 678.0 US cents per bushel, hitting […]
Read moreApril 7, 2014 11:37 am
Copper futures slid for a third day, touching the weakest level in a week, after downbeat data from the worlds biggest consumers China and the US added to concerns of slowing demand, at a time when global mine supplies are increasing. Meanwhile, gold futures erased the biggest one-day advance in more than three weeks, as […]
Read moreApril 7, 2014 11:02 am
During Fridays trading session natural gas futures for delivery in May traded within the range $4.405-$4.476 and closed at $4.421. At 10:45 GMT today natural gas futures for settlement in May traded at $4.498 per million British thermal units, adding 1.32% for the day. The contract breached the first key resistance of $4.463 per mBtu, […]
Read moreApril 7, 2014 9:25 am
During Fridays trading session gold futures for delivery in June traded within the range $1 284.40-$1 307.50 and closed at $1 303.50. At 09:25 GMT today gold futures for settlement in June traded at $1 298.80 per troy ounce, losing 0.36% for the day. The contract touched a daily low at 1 298.30 at 08:30 […]
Read moreApril 7, 2014 7:03 am
Both West Texas Intermediate and Brent crude benchmarks fell on Monday after a deal between rebels and Libyas central government paved the way for the reopening of four exports terminals. Losses however were capped by stronger demand outlook in the US after Fridays robust employment data, coupled with persistent geopolitical tensions between Russia and the […]
Read moreApril 7, 2014 6:58 am
Gold futures erased the biggest one-day advance in more than three weeks, as markets in China, the largest global consumer remained closed due to a public holiday, while assets in the SPDR Gold Trust, the biggest bullion-backed ETF, were reduced to the weakest level in almost a month on Friday. However, losses were limited as […]
Read moreApril 6, 2014 6:03 am
Both West Texas Intermediate and Brent crude benchmarks rose on Friday, buoyed by positive employment data from the US, but closed the week lower following indications of a jump in Libyan crude exports and softer demand prospects in China. Diplomatic tensions between Russia and the West kept the market underpinned. On the New York Mercantile […]
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