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Gold futures weekly recap, July 14 – July 18

July 20, 2014 5:33 am
Gold futures logged sizable losses this week, amid growing concerns that the Fed will be introduing a rate hike sooner than previously thought. Escalating tensions worldwide pared some of the losses, with Ukraine and Israel seeing more violence. Gold futures for delivery in August closed for $1 309.4 per troy ounce on Friday on the […] Read more

Crude oil futures weekly recap, July 14 – July 18

July 19, 2014 6:04 am
WTI futures logged sizable gains this week, while Brent closed on par with last weeks price. A Malaysian airliner was shot down over Ukraine on Thursday, disturbing markets amid fresh sanctions against Russia. Meanwhile, an Israeli offensive in Gaza and US oil inventories draws also supported crude. West Texas Intermediate futures for settlement in August […] Read more

Commodities trading outlook: crude oil and natural gas futures

July 18, 2014 12:46 pm
WTI futures were lower during midday trade in Europe today, while Brent was steady. A Malaysian airliner crashed over Ukraine last night, disturbing markets amid fresh sanctions against Russia. Meanwhile, natural gas futures were steady after dropping below $4 on the EIA report yesterday. West Texas Intermediate futures for settlement in August traded for $103.02 […] Read more

Commodities trading outlook: gold, silver and copper futures

July 18, 2014 11:29 am
Gold and silver futures were lower during midday trade in Europe today, after adding on Ukraine and Gaza concerns on Thursday. Meanwhile, copper futures were also lower and headed for weekly losses as stocks dropped. Gold futures for delivery in August traded for $1 311.0 per troy ounce at 11:28 GMT on the COMEX in […] Read more

Gold trading outlook: futures trim weekly loss prospect amid Ukraine crisis

July 18, 2014 8:21 am
Gold futures were lower during early trade in Europe today. Havens added yesterday, as a Malaysian airliner was shot down over Ukraine, spurring fears over an escalation, after the US and EU committed more sanctions to Russia earlier on Thursday. US stocks slumped. Gold futures for delivery in August traded for $1 313.2 per troy […] Read more

Commodities trading outlook: gold, silver and copper futures

July 17, 2014 12:54 pm
Gold and silver futures were higher during midday trade in Europe today, as the US and EU stepped up sanctions against Russia. Meanwhile, copper futures were lower. Gold futures for delivery in August traded for $1 304.9 per troy ounce at 12:53 GMT on the COMEX in New York today, up 0.39%. Daily high and […] Read more

Commodities trading outlook: crude oil and natural gas futures

July 17, 2014 12:09 pm
WTI and Brent futures were higher during midday trade in Europe today. The US and EU stepped up sanctions against Russia, as Moscows efforts towards peace in Ukraine are deemed insufficient. Meanwhile, natural gas futures fell ahead of the EIA weekly nat gas report. West Texas Intermediate futures for settlement in August traded for $102.52 […] Read more

Natural gas trading outlook: futures drop ahead of EIA weekly report

July 17, 2014 9:04 am
Natural gas futures were lower during early trade in Europe today. Traders await the key Energy Information Administration (EIA) report, due later today, as analysts expect another three-digit injection. Front month natural gas futures, due in August, were down 0.68% at the New York Mercantile Exchange to trade for $4.091 per million British thermal units […] Read more