October 15, 2014 8:10 am
Gold fell on Wednesday as the US dollar gained for a second day, buoyed by a weak euro, and as four-week high prices limited demand. Silver, platinum and palladium fell. Comex gold for settlement in December fell by 0.87% by 7:51 GMT to $1 223.5 per troy ounce, having ranged between $1 233.3 and $1 […]
Read moreOctober 15, 2014 7:19 am
West Texas Intermediate crude hovered near yesterdays two-year low while Brent recovered above $85 from a four-year low after the International Energy Agency trimmed its global oil demand growth estimate for this year for the fourth consecutive month. US November crude traded 0.27% higher at $82.06 per barrel at 6:58 GMT, having shifted in a […]
Read moreOctober 14, 2014 2:36 pm
Brent crude fell to the lowest level since December 2010 and WTI extended its drop after the International Energy Agency cut its estimate for global oil demand growth this year for the fourth consecutive month to the lowest pace since 2009. Natural gas swung between gains and losses. On the New York Mercantile Exchange, November […]
Read moreOctober 14, 2014 2:00 pm
Gold rose to a fresh four-week high on Monday after fears of a global economic slowdown sent equities falling, stoking safe haven demand. Assets in the SPDR Gold Trust saw their first inflow in five weeks. Copper jumped on China optimism. Comex gold futures for settlement in December traded at $1 232.1 per troy ounce […]
Read moreOctober 14, 2014 11:58 am
Natural gas swung between gains and losses on Tuesday as forecasts calling for cooler-than-usual weather over the central and eastern US lent some support, but the lack of near-freeze temperatures kept gains in check. Natural gas futures for settlement in November was up 0.08% at $3.919 per million British thermal units by 11:34 GMT on […]
Read moreOctober 14, 2014 8:57 am
Gold retained overnight gains and hovered near Mondays four-week high after fears of a global economic slowdown sent Japanese stocks falling to the lowest in two months, stoking safe haven demand. Assets in the SPDR Gold Trust saw their first inflow in five weeks. Silver, platinum and palladium also rose. Comex gold futures for settlement […]
Read moreOctober 14, 2014 7:40 am
West Texas Intermediate extended its decline from the lowest settlement since end-2012 while Brent hovered near the lowest in almost four years ahead of possibly bearish US supply data that would sharpen a global supply gut. On the New York Mercantile Exchange, November US crude fell by 0.42% to $85.38 per barrel by 7:18 GMT, […]
Read moreOctober 13, 2014 2:41 pm
Both West Texas Intermediate and Brent crude benchmarks extended last week’s drop after Iraq followed Saudi Arabia and Iran into cutting its list prices to Asia to the lowest since January 2009. Speculators slashed their net-long positions on WTI by the most in five weeks. Better-than-expected trade data from China lent some support to oil […]
Read moreOctober 13, 2014 2:15 pm
Gold rose on Monday to the highest in nearly four weeks as worries over a slowing global economy spurred safe-haven demand for the precious metal. Platinum and palladium posted minor daily losses, while silver gained. Copper was mostly unchanged. Comex gold for settlement in December rose by 0.59% to $1 228.9 per troy ounce by […]
Read moreOctober 13, 2014 1:01 pm
Natural gas swung between gains and losses on Monday, hovering near Thursdays 1-month low, as weather forecasts called for some pockets of cool air across the US but the lack of freeze in the states of highest natural gas consumption kept bearish sentiment in control of the market. On the New York Mercantile Exchange, November […]
Read more