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Gold trading outlook: futures higher as SPDR gains again, US stocks down

July 8, 2014 8:25 am
Gold futures were higher during early trade in Europe today. US stocks dropped from all-time highs on Monday, while SPDR assets logged another increase. Traders await minutes from the FOMC June meeting. Gold futures for delivery in August traded for $1 320.1 per troy ounce at 8:23 GMT on the COMEX in New York today, […] Read more

Commodities trading outlook: crude oil and natural gas futures

July 7, 2014 1:12 pm
WTI and Brent futures were slightly higher during midday trade in Europe today, after dropping on bearish news from Libya and a lack of escalation in Iraq, where the oil-producing South was deemed safe. Meanwhile, natural gas futures slumped ahead of some moderately cool days for the US. West Texas Intermediate futures for settlement in […] Read more

Commodities trading outlook: gold, silver and copper futures

July 7, 2014 12:51 pm
Gold and silver futures were lower during midday trade in Europe today. Stocks and the US dollar scored sizable gains last week, as US payrolls thrashed expectations and lifted sentiment for the world’s top economy. Meanwhile, copper futures were also lower, after a massive gain last week. Gold futures for delivery in August traded for […] Read more

Gold trading outlook: futures lower after US holiday, FOMC minutes this week

July 7, 2014 9:07 am
Gold futures were down during early trade in Europe today. Stocks and the US dollar scored sizable gains last week, as US payrolls thrashed expectations and lifted sentiment for the worlds top economy. Minutes from the FOMC June meeting will be released on Wednesday. Gold futures for delivery in August traded for $1 315.2 per […] Read more

Crude oil trading outlook: WTI and Brent futures steady after losses last week

July 7, 2014 7:07 am
WTI and Brent futures were little changed during early trade in Europe today. A possible surge of supplies from Libya and southern Iraq seeming safe enough pressured crude contracts for sizable losses last week. West Texas Intermediate futures for settlement in August traded for $103.83 per barrel at 7:05 GMT on the New York Mercantile […] Read more

Natural gas futures weekly recap, June 30 – July 4

July 6, 2014 9:28 am
Natural gas fell on Friday and settled the week lower as a larger-than-average build in US natural gas inventories offset weather forecasts calling for seasonal and little-above seasonal readings across most of the US in the coming weeks. Market players also eyed tropical cyclone Arthur. On the New York Mercantile Exchange, natural gas futures for […] Read more

Gold weekly recap, June 30 – July 4

July 6, 2014 5:47 am
Gold futures were little changed this week, shrugging off a bearish payrolls report from the US. Stocks and the dollar soared again, while SPDR also scored sizable gains. Gold futures for delivery in August closed for $1 321.3 per troy ounce on Friday on the COMEX in New York, recording a daily gain of 0.05% […] Read more

Crude oil weekly recap, June 30 – July 4

July 5, 2014 5:43 am
WTI and Brent futures closed the week for considerable losses as Iraqs oil-producing south was deemed safe, and Libya saw key developments towards restoring previous output levels. Soaring employment figures in top-consumer US were unable to lift crude contracts. West Texas Intermediate futures for settlement in August closed for $103.77 per barrel on Friday on […] Read more