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Crude oil futures steadied Friday, taking back a fraction of significant recent losses after slipping into bear market territory. With bargain hunters stepping in, Sept. WTI oil settled at $41.60/bbl on Nymex, up 46 cents, or 1.1%. Oil was down a whopping 14% in July, and has dropped 20% from its...

Gold futures rallied Friday as disappointing U.S. economic news cemented expectations the Federal Reserve will not raise interest rates. Dec. gold settled at $1,357.50/oz, up $16.30, or 1.2 percent, for the session. Gold was up 2.8 percent for the month of July. U.S. Gross domestic product climbed...

Crude oil futures continued to fall toward $40 a barrel Friday morning, extending steep weekly losses on speculation the global supply glut will worsen. The Energy Information Administration on Wednesday reported that commercial crude oil inventories gained 1.7 million barrels in the week to July...

Gold futures nudged higher Friday morning, adding to to weekly gains after downbeat U.S. GDP figures. The report said gross domestic product climbed by 1.2 percent in the second quarter following a downwardly revised 0.8 percent increase in the first quarter. Economists had expected GDP to jump...

Crude oil futures continued to collapse Thursday after a temporary reprieve in the previous session. Energy Information Administration data showing a surprise build in U.S stockpiles fueled oil's decline. A few minutes before settlement, Sept oil was down 70 cents at $41.26 a barrel, the lowest...

Gold futures nudged higher Thursday, but finished well off their best levels of the session, as traders continued to weigh the Federal Reserve's latest monetary policy statement. Dec. gold settled at $1,341.20/oz, up $6.70, or 0.5 percent, for a third consecutive daily gain. The Fed's outlook on...

Crude oil futures steadied Thursday morning after significant declines earlier in the week. A weaker dollar in the wake of yesterday's Federal Reserve interest rate statement helped oil to stabilize. The Fed's interest rate outlook remains cloudy, with many analysts saying it they won't tighten...

Gold futures remained higher Thursday morning as traders continued to assess yesterday's Federal Reserve statement. The Fed's outlook on interest rates is murky, with some saying the Fed has opened the door to a September rate hike. However, gold bugs point to the Fed's reluctance to raise rates...

Gold futures inched lower Wednesday after the Federal Reserve opened the door to a September rate hike. December gold ended at $1,326.70/oz, up $5.90, or 0.5%, on Comex, but slipped to $1330 just after the 2 pm ET Fed announcement. The central bank held steady on interest rates but opened the possibility...

Crude oil prices failed to rally Wednesday morning ahead of the Energy Department's US oil inventories report. Yesterday, the American Petroleum Institute, an industry group, reported an 800,000-barrel draw in crude oil inventories. Traders were expecting a larger draw down. WTI light sweet crude...

Gold futures were little changed Wednesday morning ahead of the Federal Reserve's interest rate decision. The Fed is universally expected to keep rates on hold, but traders will be looking for clues about a possible rate hike by year's end. Recent economic data indicates the U.S. economy has withstood...

Crude oil futures were lower Tuesday, extending 3-month lows despite predictions that oil markets will soon re-balance. Sept. WTI oil was down 21 cents, or 0.5 percent, to settle at $42.92/bbl. The World Bank is raising its 2016 forecast for crude oil prices to $43 per barrel from $41 per barrel. Also,...

Gold futures were flat Tuesday amid a flood of U.S. economic data. Traders were hesitant to take positions ahead of tomorrow's Federal Reserve interest rate annoucement. August gold settled at $1,320.80/oz, up $1.30, or 0.1 percent. U.S. new home sales rose at the highest pace in seven years...

Crude oil prices continued to fall Tuesday morning amid lingering concerns that supplies are outpacing demand. Traders ignored a prediction from BP's CEO that oil prices will recover by end end-2016 or early 2017. WTI crude oil slipped another 60 cents to $42.53 a barrel, the lowest in about three...

Gold futures were flat Tuesday morning after drifting lower the previous two sessions. Traders await a flurry of U.S. economic reports and a Federal Reserve interest rate decision over the course of the week. Gold for Sept. was up 40 cents at $1327 an ounce, while silver added 6 cents at $19.70. The...

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