July 2, 2013 2:52 pm
Gold erased previous gains during the day as concerns over financial problems in Greece and Portugal and political tension in Italy weighed on the Euro, which strengthened the dollar. On the Comex division of the New York Mercantile Exchange, gold futures for August delivery traded at $1 248.35 per troy ounce, down 0.59% on the […]
Read moreJuly 2, 2013 2:26 pm
Natural gas rose on Tuesday more than 1.5% as weather forecasting models suggested warmer than normal temperatures over the next 5 days across the western parts of the U.S. On the New York Mercantile Exchange, natural gas for August delivery traded at $3.644 per million British thermal units at 14:25 GMT, 1.86% higher on the […]
Read moreJuly 2, 2013 12:25 pm
Soft futures were mixed on Tuesday with sugar, cocoa and coffee edging higher, while cotton marked daily losses. On the ICE Futures U.S. Exchange, arabica coffee traded at $1.2228 a pound at 12:19 GMT, up 0.29% on the day. Prices ranged between days high and low at $1.2313 and $1.2173 a pound respectively. The C […]
Read moreJuly 2, 2013 10:10 am
Copper failed to extend Mondays 3% rally through Tuesday and declined as the stronger dollar and slowing economic growth in China weighed on prices. On the Comex division of the New York Mercantile Exchange, copper futures for September delivery lost 0.30% on the day by 10:05 GMT. The industrial metal traded at $3.148 a pound […]
Read moreJuly 2, 2013 9:04 am
Grain futures edged higher on Tuesday amid speculation attractive low prices will boost demand. Wheat advanced for the first time after posting an 8-day declining period. Soybeans also gained. On the Chicago Mercantile Exchange, corn futures for September delivery traded at $5.3388 a bushel, up 0.43% on the day at 8:59 GMT. Prices ranged between […]
Read moreJuly 2, 2013 8:03 am
Gold gained for a third consecutive day after rebounding from a 34-month low on Friday, supported by increased physical demand, which however will not repeat Aprils frenzy buying. On the Comex division of the New York Mercantile Exchange, gold futures for August delivery traded at $1 264.05 per troy ounce, up 0.66% on the day. […]
Read moreJuly 2, 2013 7:04 am
Oil extended gains on Tuesday as analysts forecast a drop in Crude Oil Inventories ahead of APIs and EIAs weekly oil inventories reports due on Tuesday and Wednesday respectively. Prices also drew support as positive U.S. and EU data pointed at economic recovery, which boosted demand prospects. Tension in Middle East and Africa provided an […]
Read moreJuly 1, 2013 2:51 pm
Oil extended gains on Monday as generally positive data from the EU and U.S. boosted demand outlook. Meanwhile, Chinas PMI readings were lower than May, but overall met projections. On the New York Mercantile Exchange, WTI crude for August delivery traded at $97.98 per barrel at 14:49 GMT, up 1.47% on the day. Prices ranged […]
Read moreJuly 1, 2013 1:52 pm
Soft futures were mixed on Monday with sugar, cotton and cocoa marking daily losses, while arabica and robusta coffee advanced. On the ICE Futures U.S. Exchange, sugar futures for October delivery traded at $0.1686 a pound at 13:21 GMT, down 0.30% on the day. Prices ranged between days high and low at $0.1704 and $0.1679 […]
Read moreJuly 1, 2013 12:41 pm
Grain futures were mixed today following USDAs acreage report on Friday with wheat and soybeans marking daily gains, while corn plunged. On the Chicago Mercantile Exchange, wheat futures for September delivery traded at $6.6038 a bushel, up 0.48% on the day. Prices held in range between days high at $6.6375 and low of $6.5288. The […]
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