April 5, 2014 2:49 pm
Gold futures surged the most in more than three weeks on Friday, snapping two weeks of losses, after a government report showed US employers added less workers than expected, raising economic concerns and boosting demand for the metal as a store of value. Assets in the SPDR Gold Trust, the biggest bullion-backed ETF, were reduced […]
Read moreApril 4, 2014 1:53 pm
Both West Texas Intermediate and Brent crude benchmarks rose on Friday but are set to close the week lower on prospects for a rise in Libyan oil exports after rebels blocking shipments from the country’s eastern ports said they have reached a principle agreement with the government to reopen the terminals. Simmering tension between Russia […]
Read moreApril 4, 2014 11:35 am
Copper futures headed for a third weekly advance, after rising to a three-week high on Wednesday, on concern global supplies may be disrupted following an earthquake and tsunami in Chile, the worlds biggest producer of the red metal. Meanwhile, gold futures were poised for a third weekly drop, the longest run of losses since September, […]
Read moreApril 4, 2014 9:40 am
Natural gas futures declined on Friday, as weather forecasting models called for springlike weather to return in many densely-populated US areas by the end of next week, curbing demand for the power-station fuel. On the New York Mercantile Exchange, natural gas for delivery in May traded at $4.413 per million British thermal units at 09:39 […]
Read moreApril 4, 2014 6:56 am
Both West Texas Intermediate and Brent crude benchmarks rose on Friday but are set to close the week lower on prospects for a rise in Libyan oil exports after rebels blocking shipments from the countrys eastern ports said they have reached a principle agreement with the government to reopen the terminals. Simmering tension between Russia […]
Read moreApril 4, 2014 6:47 am
Gold futures headed for a third weekly slump, the longest run of losses since September, ahead of a government report that is forecast to show US employers added the most workers since November, while unemployment fell to a five-year low, backing the case for the Federal Reserve to keep cutting monetary stimulus. Assets in the […]
Read moreApril 3, 2014 1:02 pm
West Texas Intermediate crude fell for a fourth day and Brent hovered near a five-month low as demand for petroleum products in the US slid to the lowest since June, while fears of economic slowdown in China added to global demand fears. The market was further pressured amid prospects for a jump in Libyan oil […]
Read moreApril 3, 2014 12:25 pm
Natural gas futures rose on Thursday, ahead of a government report due later today that may show stockpiles declined at a faster than the five-year average pace, while supplies are already at the weakest level for this time of the season since 2003. On the New York Mercantile Exchange, natural gas for delivery in May […]
Read moreApril 3, 2014 9:09 am
Copper futures retreated from a three-week high as mines in the worlds biggest producer, Chile, were returning to normal activities after an earthquake and tsunami forced the nations authorities to order a massive evacuation. Meanwhile, gold prices hovered close to a seven-week low as investors weighed signs of increasing physical demand against prospects for reduced […]
Read moreApril 3, 2014 7:06 am
West Texas Intermediate crude fell for a fourth day and Brent hovered near a five-month low as demand for petroleum products in the US slid to the lowest since June, while fears of economic slowdown in China added to global demand fears. The market was further pressured amid prospects for a jump in Libyan oil […]
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