August 11, 2014 9:51 am
Natural gas prices steadied above the psychological $4 resistance level during early trade in Europe today, despite weather patterns calling for below-average temperatures for many highly-populated areas of the US in the coming days. Natural gas for delivery in September traded at $4.005 per million British thermal units at 9:48 GMT in New York, up […]
Read moreAugust 11, 2014 8:29 am
Gold prices were lower during early trade in Europe today, as investors weighed the risks from Iraq, Ukraine and Gaza against stronger equities and SPDR outflows. Gold futures for December delivery on the COMEX in New York traded at $1 309.0 per troy ounce at 8:25 GMT, down 0.15%. Prices ranged from $1 306.4 to […]
Read moreAugust 11, 2014 7:36 am
WTI and Brent prices were little changed during early trade in Europe today. The US conducting air strikes on jihadists in Iraq sent mixed signals to markets, while PM Malikis stunt had no apparent impact on prices. WTI for September delivery on the New York Mercantile Exchange traded at $97.78 per barrel at 7:34 GMT, […]
Read moreAugust 10, 2014 7:37 am
Gold prices climbed this week, as worldwide tensions stoked safe haven demand, with Iraq, Gaza and Ukraine again in the spotlight. US stocks and the dollar logged minor gains, while SPDR assets continued to drop. Gold futures for delivery in December dropped 0.11% on Friday, closing at $1 311.0 per troy ounce, about 1.4% up […]
Read moreAugust 9, 2014 8:26 am
WTI and Brent prices were quite stabel this week, trading within a narrow range. Flares in Ukraine, Iraq and Gaza stoked some risk-off mentality, while a seasonal drop for US inventories also failed to lift prices significantly higher. WTI futures for September delivery on the NYMEX closed the week at $97.54 per barrel, down 0.2% […]
Read moreAugust 8, 2014 12:32 pm
WTI and Brent prices were still higher during midday trade in Europe today, as tensions around the globe fomented investors risk-off mentality. Meanwhile, natural gas futures were higher, as traders expect some rise in US temperatures, lifting cooling demand. WTI futures for settlement in September on the NYMEX traded at $97.53 per barrel at 8:02 […]
Read moreAugust 8, 2014 12:08 pm
Gold and silver prices were higher during midday trade in Europe, as geopolitical tensions around the globe stokes safe haven demand. Israel, Ukraine and Iraq were all in focus, as traders hedged against risks for the weekend. Meanwhile, copper futures were steady as China reported a drop in imported metal. Gold futures for delivery in […]
Read moreAugust 8, 2014 9:30 am
Natural gas prices were set for a sizable weekly gain, as traders price in an expected slight increase for US temps, which is set to spur more cooling demand. The US government posted official natgas storage levels yesterday, revealing another massive injection. Natural gas futures for delivery in September traded at $3.897 per million British […]
Read moreAugust 8, 2014 8:37 am
Gold prices rose during early trade in Europe today, after US President Obama said he had authorized airstrikes on Islamist militants in Iraq, spurring safe haven bids. Tensions between the West and Russia over Ukraine were also in focus, with growing suspicions of a Russian invasion. Gold futures for delivery in December were up 0.51% […]
Read moreAugust 8, 2014 7:38 am
WTI and Brent prices soared during early trade in Europe today, after the US announced it would conduct airstrikes on militants in Iraq. Meanwhile, Moscow introduced its own sanctions on Western trade, amid growing suspicions of an imminent Russian invasion in Ukraine. WTI futures for settlement in September on the NYMEX traded at $98.12 per […]
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