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Gold trading outlook: futures steady ahead of key US data, Fed meeting

July 28, 2014 8:45 am
Gold futures were steady during early trade in Europe today, as investors eye crucial US announcements later this week. The Fed is holding its monthly 2-day meeting, and analysts expect another $10 billion trim to assets purchases. Gold futures for delivery in August traded at $1 304.6 per troy ounce at 8:43 GMT in New […] Read more

Gold futures weekly recap, July 21 – July 25

July 27, 2014 6:23 am
Gold futures were little changed this week, as a strong performance of the US dollar, coupled with robust economic data pared haven demand spurred by the conflicts in Gaza and Ukraine. US Fed meets next week to decide on interest rates and monthly assets purchases. Gold futures for delivery in August added 0.97% on Friday, […] Read more

Crude oil futures weekly recap, July 21 – July 25

July 26, 2014 6:40 am
WTI and Brent futures climbed this week, as the US revealed its weekly oil report, to stir markets with mixed data. Elsewhere, the EU added to the list of sanctioned Russian individuals on Friday, in light of the Ukrainian crisis. WTI September futures added 0.02% on Friday, closing the week at $102.09 per barrel, up […] Read more

Commodities trading outlook: gold, silver and copper futures

July 25, 2014 1:19 pm
Gold and silver futures climbed during midday trade in Europe today, ahead of Wall Street opening this weeks last session. US stocks climbed again on Thursday, logging at or near record levels. Meanwhile, copper futures were steady, after surge on Thursday. Gold futures for August delivery stood at $1 294.5 per troy ounce at 13:09 […] Read more

Commodities trading outlook: crude oil and natural gas futures

July 25, 2014 12:44 pm
WTI futures slid during midday trade in Europe today, while Brent added. Both contracts stood for insignificant weekly gains earlier today. Meanwhile, natural gas futures were lower, after on Thursday the US posted another sizable build for nat gas inventories. WTI futures for September settlement stood at $101.72 per barrel at 12:42 GMT in New […] Read more

Natural gas trading outlook: futures headed for weekly loss as US inventories add

July 25, 2014 8:40 am
Natural gas futures were slightly higher during early trade in Europe today. The blue fuel gained yesterday, as the US posted weekly storage data, revealing a lower-than-expected injection. The build was still quite larger than average, though, and the next several builds will probably also be quite big. Front month natural gas futures, due in […] Read more