August 4, 2014 8:44 am
Gold futures were little changed during early trade in Europe today. The precious metal was pressured lower last week, while stocks slumped, as the US posted mixed economic data. Fighting in Gaza continued to offer some background safe haven demand. Gold futures for December settlement added 0.06% by 11:20 GMT in New York today, to […]
Read moreAugust 4, 2014 7:14 am
WTI and Brent futures were slightly higher and climbing during early trade in Europe today. Both crude benchmarks slumped last week, as traders wrote off some of the risk premium, and the US economy posted mixed data. WTI futures for September delivery stood at $98.12 per barrel at 7:14 GMT in New York today, up […]
Read moreAugust 3, 2014 7:25 am
Natural gas fell on Friday, paring its weekly gain, as short-term weather forecasts called for overall mild weather across most of the US high-consuming areas during the weekend. However, a smaller-than-expected jump in nationwide natural gas inventories in the seven days to July 25th and a warming trend expected to start early next week kept […]
Read moreAugust 3, 2014 7:00 am
Gold futures were pressured lower this week, after the Fed kept on track to reduce the inflow of government funds into the US economy, supporting the dollar. Stocks slumped these past five sessions, while other precious metals also closed significantly lower. Gold futures for delivery in December added 0.94% on Friday, closing at $1 294.8 […]
Read moreAugust 2, 2014 9:34 am
Both West Texas Intermediate and Brent crude benchmarks fell on Friday to the lowest settlement prices in months as global supply outstripping demand offset geopolitical tension in Africa, Ukraine and the Middle East which failed to spur fears of major supply disruptions. Softening demand in the US, coupled with mixed economic data, also added to […]
Read moreAugust 1, 2014 1:28 pm
Gold and silver futures climbed during midday trade in Europe today, after the US posted disappointing payrolls data. An escalation of tensions in Gaza also stoked some safe haven demand. Meanwhile, copper futures were higher, supported by bullish readings on factories in China. Gold futures for delivery in December, the most traded gold contract in […]
Read moreAugust 1, 2014 12:57 pm
Both West Texas Intermediate and Brent crude benchmarks extended losses on Friday as lingering demand in the US and global supply outstripping demand fueled bearish sentiment. A strong US dollar pressured the market additionally, but overall positive manufacturing data from Europe and China kept a floor under prices. Natural gas pared weekly gains as short-term […]
Read moreAugust 1, 2014 10:01 am
Natural gas fell on Friday after jumping by almost 1.5% on Thursday as weather forecasts called for overall mild weather across most of the US in the next several days. However, an upcoming decent warm-up is expected to support prices to the upside as early as next week, although another larger-than-projected weekly build in nationwide […]
Read moreAugust 1, 2014 8:56 am
Gold futures traded slightly higher during early hours in Europe today, ahead of a key report on US payrolls. The precious metal endured pressure from a number of economic readings this week, while battles in Gaza and developments in Ukraine offered some background support. Gold futures for delivery in December, the most traded gold contract […]
Read moreAugust 1, 2014 7:14 am
Both West Texas Intermediate and Brent crude benchmarks were little changed in early European trading on Friday after posting their biggest monthly declines in more than a year as a bearish global supply-demand outlook pressured prices. Brent gained some support as manufacturing activity in China expanded at the fastest pace in more than two years […]
Read more