March 4, 2014 12:42 pm
Natural gas regained ground on Tuesday as freezing cold weather over most of the densely-populated US areas continued to support high natural gas and heating demand and to deplete gas stockpiles. On the New York Mercantile Exchange (NYMEX), natural gas for delivery in April rose by 0.78% to trade at $4.527 per million British thermal […]
Read moreMarch 4, 2014 8:40 am
West Texas Intermediate crude eased off yesterdays 5-1/2-month high as concerns over tension in Ukraine may have been overdone, but the built up geopolitical premium kept prices supported near the $104 mark. The latest signs of strength in the US economy also underpinned crude prices but expectations that government data tomorrow will show a seventh […]
Read moreMarch 4, 2014 8:13 am
Gold retreated from more than four-month high after it became clear that Russian President Vladimir Putin had ordered troops to return to their bases after military exercises concluded amid rising tensions in the pro-Russian Ukraines Crimea region. On the Comex division of the New York Mercantile Exchange, gold futures for settlement in April fell 0.89% […]
Read moreMarch 3, 2014 9:32 am
Gold surged to the strongest level in more than four months after the Russian Federation seized control of the Crimea region, spurring tensions in Ukraine and fueling demand for haven assets. Also fanning positive sentiment, assets in the SPDR Gold Trust, the biggest bullion-backed ETF, rose 0.4% in February, capping the first monthly increase since […]
Read moreMarch 2, 2014 12:53 pm
West Texas Intermediate crude rose on Friday amid market talk of decreased supply from the Bakken shale in North Dakota. The US benchmark rose for an eight straight week and settled the month higher, supported by falling supplies at Cushing, Oklahoma, and short-term cold weather outlook in the US. However, tension in Ukraine reducing the […]
Read moreMarch 1, 2014 9:23 am
Gold fell for the second time in three days on Friday, as global equities advanced to the strongest level in more than six years, curbing demand for the yellow metal as an alternative investment. However, assets in the SPDR Gold Trust, the biggest bullion-backed ETF, rose 0.4% in February, capping the first monthly increase since […]
Read moreFebruary 28, 2014 2:19 pm
Grain futures advanced on Friday, wheat headed for the largest monthly increase since July as the recent adverse weather conditions in the US, the biggest global exporter, were seen harming crops. On the Chicago Board of Trade, wheat futures for settlement in May added 0.94% to trade at $5.9513 per bushel by 13:43 GMT. Prices […]
Read moreFebruary 28, 2014 10:53 am
Natural gas declined a fifth day and headed for the largest weekly drop since 1996, after a government report revealed US gas inventories fell less than analysts estimated in the week ended February 21st. Prices of gas futures were also pressured by long-term weather forecasting models, which called for a warm-up in the US during […]
Read moreFebruary 28, 2014 8:15 am
West Texas Intermediate crude fell for a second day on Friday and is set for marking its first weekly decline in seven amid speculations demand will soften as frigid winter weather eases in the US, while domestic output surged to the highest in 25 years in 2013. Civil unrest in Ukraine continued to curb the […]
Read moreFebruary 28, 2014 8:14 am
Gold fell on Friday, but was set for the first back-to-back monthly increase since the two months through August after weaker-than-expected US data and a rout in emerging markets, boosted demand for the yellow metal as a store of value. Assets in the SPDR Gold Trust, the biggest bullion-backed ETF, were poised for the first […]
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