March 6, 2014 7:35 am
Gold futures distanced further from the strongest level in more than four months, as investors weighed the crisis in Ukraine against Fed taper outlook and decreasing physical demand from China, the largest global bullion consumer. Also fanning negative sentiment, assets in the SPDR Gold Trust, the biggest bullion-backed ETF, were unchanged yesterday for a sixth […]
Read moreMarch 5, 2014 3:48 pm
West Texas Intermediate crude extended losses on Wednesday after the Energy Information Administration reported a seventh consecutive weekly gain in nationwide crude inventories and an increase in distillate stockpiles. Losses however were limited as supplies at Cushing, Oklahoma, fell for a fifth straight week. Receding fears of a military campaign in eastern Ukraine kept the […]
Read moreMarch 5, 2014 2:36 pm
Grain futures lost ground on Wednesday, corn eased off from a six-month high as concern eased that tension between Ukraine and the Russian Federation may result in disruption of exports from the Black Sea region. On the Chicago Board of Trade, corn futures for May delivery fell by 0.21% to trade at $4.8238 a bushel […]
Read moreMarch 5, 2014 8:51 am
Natural gas futures extended yesterdays gains as freezing cold weather continued to sweep across most of the densely-populated US areas, stoking demand for the power-station fuel, as Americans crank up the heating. On the New York Mercantile Exchange (NYMEX), natural gas for delivery in April rose by 0.16% to trade at $4.675 per million British […]
Read moreMarch 5, 2014 8:11 am
Both West Texas Intermediate and Brent crude benchmarks were mostly unchanged in early European trading on Wednesday as fears of war in Ukraine were curbed after President Vladimir Putin said on Tuesday that he sees no immediate need to invade eastern Ukraine. However, despite reduced, the remaining possibility of an all-out military campaign kept the […]
Read moreMarch 5, 2014 7:49 am
Gold traded below more than four-month high as tension between Ukraine and the Russian Federation declined, easing demand for bullion as a store of value. Also fanning negative sentiment, assets in the SPDR Gold Trust, the biggest bullion-backed ETF, were unchanged yesterday for a fifth day, the longest streak holdings have held steady in almost […]
Read moreMarch 4, 2014 4:04 pm
Grain futures were mixed on Tuesday, wheat fell after soaring the most since June 2012, following the announcement Russian President Vladimir Putin had ordered troops to return to their bases after military exercises concluded amid rising tensions in the pro-Russian Ukraine’s Crimea region. Meanwhile, corn and soybeans advanced. On the Chicago Board of Trade, wheat […]
Read moreMarch 4, 2014 12:42 pm
Natural gas regained ground on Tuesday as freezing cold weather over most of the densely-populated US areas continued to support high natural gas and heating demand and to deplete gas stockpiles. On the New York Mercantile Exchange (NYMEX), natural gas for delivery in April rose by 0.78% to trade at $4.527 per million British thermal […]
Read moreMarch 4, 2014 8:40 am
West Texas Intermediate crude eased off yesterdays 5-1/2-month high as concerns over tension in Ukraine may have been overdone, but the built up geopolitical premium kept prices supported near the $104 mark. The latest signs of strength in the US economy also underpinned crude prices but expectations that government data tomorrow will show a seventh […]
Read moreMarch 4, 2014 8:13 am
Gold retreated from more than four-month high after it became clear that Russian President Vladimir Putin had ordered troops to return to their bases after military exercises concluded amid rising tensions in the pro-Russian Ukraines Crimea region. On the Comex division of the New York Mercantile Exchange, gold futures for settlement in April fell 0.89% […]
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