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crudeoil-112514_25Nov14.jpg U.S. crude oil plummeted over two percent for a second straight session to end at a four-year low on Tuesday, after reports said a meeting of four major oil producers failed to agree on production cuts, ahead of the upcoming OPEC meeting in Vienna. However, some unconfirmed reports that the meet is...

gold-112414_25Nov14.jpg Gold futures ended higher on Tuesday, as the dollar trended lower on some mixed data from the U.S. with gross domestic product increasing more than previously estimated in the third quarter, although consumer confidence deteriorated unexpectedly in November. Some upbeat data from Europe also limited...

Gold prices were basically flat Tuesday morning ahead of U.S. housing data and after some fairly upbeat economic news out of Europe. Revised estimates released by the German Federal Statistical Office showed that the German economy expanded 0.1 percent sequentially in the third quarter, confirming...

Crude oil prices ticked higher Tuesday morning, having seen little movement over the past few sessions ahead of the upcoming OPEC meeting in Vienna. The cartel is seemingly divided on whether to cut supplies in order to lift crude oil prices at their November 27 meeting. The Saudis reportedly want...

crudeoil-112414_24Nov14.jpg U.S. crude oil snapped a two-day gain to end lower on Monday, as negotiations between Iran and the West to curtail Tehran's nuclear program were extended by seven months, with investors awaiting the outcome from the OPEC meeting scheduled for November 27. China's move to cut interest rates to boost...

gold-112114_24Nov14.jpg Gold futures ended lower on Monday on some largely strong global equity markets prompting investors to seek riskier assets, with a slew of economic data awaited later this week. Stocks rose on last week's unexpected rate cut announcement from China's central bank and on comments from the European...

Gold prices are lower Monday morning, with fairly strong global equity markets prompting investors to seek riskier assets. Stocks rose on last week's unexpected rate cut announcement from China's central bank and comments from the European Central Bank President Mario Draghi that hinted at prospects...

Crude oil prices are lower Monday morning, retreating a bit after two successive days of gains. After Friday's rise on the back of an unexpected interest rate cut announce met from China, the focus is now on the OPEC meet due November 27 in Vienna. Speculation is rife that OPEC members may agree on...

Crudeoil-112114_21Nov14.jpg U.S. crude oil ended higher for a second straight session Friday, as China moved to prop up its sagging economy with an unexpected interest rate cut and on comments by European Central Bank President Mario Draghi on additional stimulus, notwithstanding a strong dollar. The People's Bank of China today...

Goldbars2-111814_21Nov14.jpg Gold futures snapped a two-day loss to end higher on Friday, after China's central bank unexpectedly slashed its key interest rates for the first time in more than two years in a bid to boost sagging growth momentum. Nevertheless, a strong dollar and rising global equity markets amid expectations...

Gold prices are edging higher Friday morning, lifted by a surprise interest rate cut announcement from the Chinese central bank. The People's Bank of China today cut its key lending rate by 0.4 percent to 5.6 percent, to spur economic growth. The deposit rate has been reduced by 0.25 percent to 2.75...

Crude oil prices are rising sharply Friday morning, extending previous session's gains, as the Chinese central bank cut its key interest rates for the first time since 2012. The People's Bank of China today cut its key lending and deposit rates by 0.4 percent and 0.25 percent to 5.6 percent and 2.75...

Crudeoil1-111714_20Nov14.jpg U.S. crude oil rebounded to end sharply higher Thursday, on some upbeat economic data from the U.S., amid mounting speculation the OPEC may cut production to keep a check on prices at its meeting in Vienna next week. Nevertheless, some OPEC members have indicated they would rather keep production high...

Gold-111414_20Nov14.jpg Gold futures ended lower for a second straight session on Thursday, after a slew of mostly encouraging economic data from the U.S., including weakly jobless claims and a report on consumer price inflation. A weak reading on Chinese manufacturing activity in November and data showing eurozone private...

Gold prices are slightly lower Thursday morning, ahead of a slew of U.S. economic data, including weakly jobless claims and a report on consumer price inflation. A weak reading on Chinese manufacturing activity in November and data showing eurozone private sector growth to have unexpectedly slowed...