April 28, 2014 2:51 pm
Gold dropped on news that the US pending home sales figure recorded a significant improvement, which raised positive sentiment for the economy, and pressured gold. Silver shifted with the yellow metal. Copper remained steady, supported by US data and outlooks of improving demand in the worlds top industrial metals consumer China. Gold futures due in […]
Read moreApril 28, 2014 1:20 pm
Brent remained near $110 per barrel during midday trading in Europe, supported by Ukraine, while West Texas Intermediate made slight gains. Natural gas rallied on expected higher fuel consumption in the US, with both heating and cooling demand forecast to be above-average. West Texas Intermediate futures for settlement in June traded for $101.14 per barrel […]
Read moreApril 28, 2014 12:19 pm
Copper kept the recent steady up-beat during the first half of Europes trading day, as investors eye a report on pending home sales in the US later today. Later in the week a number of indicators for the US will be released, with solid positive outlooks for the worlds top economy. Meanwhile, demand in China […]
Read moreApril 28, 2014 9:52 am
Natural gas grew steadily during early trading in Europe, after a severe storm rampaged through much the central US. Weather reports projected an extended period of cold for the central and eastern states, while the West will see higher power demand due to a heatwave, strengthening support for the blue fuel. Rising storage inventories in […]
Read moreApril 28, 2014 8:46 am
Gold futures continued to steadily gain during early hours in Europe, as growing tensions in Ukraine stoke prices. Investors are keenly waiting on a number of important reports on the US economy this week, with expectations projecting a better picture for the US economy, bearing on the precious metal. Gold futures due in June traded […]
Read moreApril 28, 2014 7:37 am
Both West Texas Intermediate and Brent futures gained during early European trading on Monday. The deepening of the crisis in Ukraine spells fears over security of supplies from Russia – the worlds top energy producer. Diplomats from the US and EU will meet later today to discuss intensifying the sanctions against Moscow. Meanwhile, the record-high […]
Read moreApril 27, 2014 8:53 am
Gold gained on Fridays session close as the conflict in Ukraine deepens. Readings on a number of significant economic indicators for the US are to be released next week and are expected to reveal an improving climate for the worlds largest economy, pressuring gold in the long term. Gold futures due in June closed for […]
Read moreApril 26, 2014 5:49 am
Natural gas continued to slide on Friday, keeping momentum after a bearish report on US storage levels on Thursday. Cooler weather expectations supported prices, as the next few days and weeks are predicted to register below-average temperatures for much of the US. Natural gas futures due in June lost 1.38% at the new York Mercantile […]
Read moreApril 25, 2014 2:07 pm
Brent folded some gains on Fridays session in Europe, after a sharp exchange of words on Thursday, following the deaths of pro-Russian separatists in Ukraine pushed crude up. Meanwhile, West Texas Intermediate dropped, pressured by a bearish report on US stockpiles, after also gaining some on Ukraine yesterday. Natural gas continued dropping after a bearish […]
Read moreApril 25, 2014 12:42 pm
Gold extended gains on worries about Ukraine while silver remained steady during European trading today. Russian President Vladimir Putin warned the pro-western interim government in Kiev of “consequences” yesterday, after reported killings of at least 5 militants in the eastern parts of the country, immediately driving gold to reverse earlier losses on upbeat data from […]
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