April 27, 2014 8:53 am
Gold gained on Fridays session close as the conflict in Ukraine deepens. Readings on a number of significant economic indicators for the US are to be released next week and are expected to reveal an improving climate for the worlds largest economy, pressuring gold in the long term. Gold futures due in June closed for […]
Read moreApril 27, 2014 6:32 am
West Texas Intermediate crude fell on Friday to the lowest in two weeks and marked its first weekly decline in three, pressured by US crude supplies rising to the highest level on record. Brent crude also fell on Friday but movement to the downside remained limited as the European benchmark continued to draw support on […]
Read moreApril 26, 2014 5:49 am
Natural gas continued to slide on Friday, keeping momentum after a bearish report on US storage levels on Thursday. Cooler weather expectations supported prices, as the next few days and weeks are predicted to register below-average temperatures for much of the US. Natural gas futures due in June lost 1.38% at the new York Mercantile […]
Read moreApril 25, 2014 2:07 pm
Brent folded some gains on Fridays session in Europe, after a sharp exchange of words on Thursday, following the deaths of pro-Russian separatists in Ukraine pushed crude up. Meanwhile, West Texas Intermediate dropped, pressured by a bearish report on US stockpiles, after also gaining some on Ukraine yesterday. Natural gas continued dropping after a bearish […]
Read moreApril 25, 2014 12:42 pm
Gold extended gains on worries about Ukraine while silver remained steady during European trading today. Russian President Vladimir Putin warned the pro-western interim government in Kiev of “consequences” yesterday, after reported killings of at least 5 militants in the eastern parts of the country, immediately driving gold to reverse earlier losses on upbeat data from […]
Read moreApril 25, 2014 10:31 am
Natural gas kept losing during early trading in Europe today. Yesterday futures fell in light of improving US stockpiles, while weather reports project a period of extended cooling over much of the US, paring big losses. Natural gas futures due in June dropped by 0.21% at the new York Mercantile Exchange today, to trade for […]
Read moreApril 25, 2014 8:45 am
Gold futures kept steady during early trading in Europe today, after yesterday the precious metal dipped to the lowest price since early February on strong US data, before recovering with developments on the crisis in Ukraine. Gold futures due in June, the most traded contract on the COMEX division of the New York Mercantile Exchange, […]
Read moreApril 25, 2014 7:39 am
During early European trading hours West Texas Intermediate and Brent both lost some of the gains from last session, when a sharp escalation of the tone on the Ukraine crisis prompted Russian President Vladimir Putin to warn of “consequences”, after killings of pro-Russian separatists. The crude supplies report from US is set to keep bearish […]
Read moreApril 24, 2014 2:16 pm
Gold remained pressured on Wednesday as the healthy recovery of the US economy continued to boost risk appetite. However, threats by Russian President Vladimir Putin and killings in Ukraine proved strong incentives for safe-haven demand. Copper is on the rise, with robust data from the US complementing surging demand and limited supply in top-consumer China. […]
Read moreApril 24, 2014 12:30 pm
Todays European trading session saw West Texas Intermediate and Brent both claw their way up from last sessions losses on the bearish US supplies report, with firm support coming from Ukraine. Meanwhile, natural gas kept earlier gains on reports for dropping temperatures in the US, beating bearish forecasts for supplies. WTI futures due in June […]
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