March 19, 2014 3:25 pm
Gold futures declined the most in six weeks as investors assessed the prospects that Fed will cut stimulus as the economy gains, curbing demand for the precious metal as a store of value. Meanwhile, silver also edged lower, while copper futures slid to the weakest level since July 2010, after the collapse of a Chinese […]
Read moreMarch 19, 2014 2:59 pm
West Texas Intermediate crude remained on the upside on Wednesday after government data showed that supplies at Cushing, Oklahoma, fell for a seventh week to the lowest in more than two years last week, while nationwide inventories rose twice as expected. Easing tension in Ukraine kept the market pressured, but plans to double the Seaway […]
Read moreMarch 19, 2014 1:40 pm
Arabica futures rose for a second day on Wednesday after prices fell to a two-week low on Monday, buoyed by expectations for a shortage in arabica beans as Brazil, the worlds largest producer, saw its driest summer in more than four decades. However, an improved weather outlook limited gains. Robusta futures swung between gains and […]
Read moreMarch 19, 2014 1:24 pm
West Texas Intermediate crude declined after it added more than $1 on Tuesday amid expectations government data due later today may show a ninth straight build in US crude oil inventories. Easing tensions in Ukraine after a statement by President Vladimir Putin, also helped push prices down. Meanwhile, natural gas futures advanced as weather forecasting […]
Read moreMarch 19, 2014 12:29 pm
Natural gas futures advanced on Wednesday, as weather forecasting models called for much-below-normal temperatures in many densely-populated US areas, stoking demand for the power-station fuel. On the New York Mercantile Exchange, natural gas for delivery in April traded at $4.489 per million British thermal units at 12:25 GMT, up 0.73% on the day. Prices held […]
Read moreMarch 19, 2014 8:08 am
West Texas Intermediate crude fell after it added more than $1 on Tuesday amid expectations government data due later today will show a ninth consecutive build in US crude oil inventories. Easing tensions in Ukraine after a statement by President Vladimir Putin, coupled with rising exports from Iran, also helped push prices down. Market players […]
Read moreMarch 19, 2014 7:58 am
Gold futures traded close to one-week low as investors weighed the prospects of reduced Fed stimulus against the crisis in Ukraine. Assets in the SPDR Gold Trust, the biggest bullion-backed ETF, were unchanged yesterday, after retreating from the highest level since December 20th. On the Comex division of the New York Mercantile Exchange, gold futures […]
Read moreMarch 18, 2014 3:57 pm
Palladium futures declined on Tuesday, after the largest platinum producer, Russia, announced it wont further split up its western neighbor, Ukraine, following Sundays Crimea referendum, which showed the region wanted to join Russia. Platinum also touched the weakest level since March 4. On the Comex division of the New York Mercantile Exchange, platinum futures for […]
Read moreMarch 18, 2014 2:33 pm
Arabica futures rose on Tuesday after falling to a two-week low on Monday as prices continued to draw support from expectations for a shortage in arabica beans after dry weather in Brazil curbed output. Robusta fell as inventories in Vietnam reached a record high. On the ICE Futures U.S. exchange, Arabica coffee for delivery in […]
Read moreMarch 18, 2014 10:07 am
Natural gas futures declined on Tuesday, as weather forecasting models called for a springlike weather across many densely populated US areas, curbing demand for the power-station fuel. On the New York Mercantile Exchange, natural gas for delivery in April traded at $4.506 per million British thermal units at 10:06 GMT, down 0.67% on the day. […]
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