March 19, 2014 7:58 am
Gold futures traded close to one-week low as investors weighed the prospects of reduced Fed stimulus against the crisis in Ukraine. Assets in the SPDR Gold Trust, the biggest bullion-backed ETF, were unchanged yesterday, after retreating from the highest level since December 20th. On the Comex division of the New York Mercantile Exchange, gold futures […]
Read moreMarch 18, 2014 3:57 pm
Palladium futures declined on Tuesday, after the largest platinum producer, Russia, announced it wont further split up its western neighbor, Ukraine, following Sundays Crimea referendum, which showed the region wanted to join Russia. Platinum also touched the weakest level since March 4. On the Comex division of the New York Mercantile Exchange, platinum futures for […]
Read moreMarch 18, 2014 2:33 pm
Arabica futures rose on Tuesday after falling to a two-week low on Monday as prices continued to draw support from expectations for a shortage in arabica beans after dry weather in Brazil curbed output. Robusta fell as inventories in Vietnam reached a record high. On the ICE Futures U.S. exchange, Arabica coffee for delivery in […]
Read moreMarch 18, 2014 10:07 am
Natural gas futures declined on Tuesday, as weather forecasting models called for a springlike weather across many densely populated US areas, curbing demand for the power-station fuel. On the New York Mercantile Exchange, natural gas for delivery in April traded at $4.506 per million British thermal units at 10:06 GMT, down 0.67% on the day. […]
Read moreMarch 18, 2014 8:19 am
West Texas Intermediate crude marked a minor advance after trading lower most of the day amid expectations a private and a government inventories reports will show a ninth consecutive jump in US crude supplies. Brent rose but remained close to yesterdays five-week low as expected US and EU sanctions against Russia turned out to be […]
Read moreMarch 18, 2014 7:55 am
Gold futures extended a decline from the strongest level in more than six months as better-than-expected US economic data backed the case for further stimulus cuts before the Federal Reserve starts a two-day meeting today. Also fanning negative sentiment, assets in the SPDR Gold Trust, the biggest bullion-backed ETF, retreated from the highest level since […]
Read moreMarch 17, 2014 2:24 pm
Corn and wheat fell marked significant declines on Monday as exports from one of their biggest exporters, Ukraine, seemed to be unaffected by the growing tension between Kiev and Moscow following Sundays referendum in Crimea. Soybeans fell as well. On the Chicago Board of Trade, wheat futures for May delivery fell by 1.49% to $6.770 […]
Read moreMarch 17, 2014 1:03 pm
Copper rose on Monday after posting its worst weekly performance in 11 months as investors were attracted by the lower prices and traders covered short orders, but the red metal remained close to Wednesdays 44-month low due to the persisting tension in Ukraine. Concerns that China might not be able to reach its first-quarter economic […]
Read moreMarch 17, 2014 11:04 am
Natural gas rose by more than 2% on Monday after it slid to the lowest in seven weeks on Friday as expectations for an upcoming warm up in the US gave way to forecasts for cold weather, boosting demand for the power-station fuel. On the New York Mercantile Exchange, natural gas for delivery in April […]
Read moreMarch 17, 2014 9:09 am
Gold traded near the highest level in six months after it rose for a sixth straight week, the longest winning stretch in more than 2-1/2 years, as Sundays referendum in Crimea fueled concerns of further escalation of tension, boosting demand as a store of value. Assets in the biggest bullion-backed ETP rose to the highest […]
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