July 3, 2013 11:30 am
Copper rose on Wednesday amid concern over physical supply as output in recent months was interrupted. However, gains were limited by Feds monetary stimulus outlook prior to key U.S. economic data, scheduled for today. Another bit of negative China data also weighed on prices. On the Comex division of the New York Mercantile Exchange, copper […]
Read moreJuly 3, 2013 9:19 am
Grain futures traded higher on Wednesday as speculations arose that low prices will encourage importers to fill in stockpiles. Egypt purchased a large quantity of wheat yesterday, while China expects a shipment of corn. On the Chicago Mercantile Exchange, wheat futures for September delivery marked a new days high at $6.6988 a bushel at 9:12 […]
Read moreJuly 3, 2013 8:04 am
Gold swung between gains and losses on Wednesday as prices drew support by increased physical demand. However, expectations of positive readings of this weeks key U.S. economic indicators spurred concern over an earlier deceleration of Feds monetary stimulus. On the Comex division of the New York Mercantile Exchange, gold futures for August delivery traded at […]
Read moreJuly 3, 2013 7:11 am
WTI crude rose for a third consecutive day as tension in Egypt continued to threaten Middle East oil supply and APIs weekly crude inventories report showed a higher than expected drop in inventories. On the New York Mercantile Exchange, WTI for August delivery traded at $101.26 per barrel at 7:06 GMT, up 1.67% on the […]
Read moreJuly 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. […]
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