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Gold futures nudged higher Friday, trimming this week's losses. Dec. gold gained $1.30, or 0.1%, for the session to finish at $1,325.90/oz. Gold was down 1.5% for the week. Traders reacted to a speech from Federal Reserve chair Janet Yellen indicating a willingness to hike interest rates. The...

Crude oil futures rose Thursday, trimming this week's losses despite reports suggesting Saudi Arabia will not curb production. Ahead of next month's OPEC meeting, a Saudi official reportedly said that no significant intervention in oil markets is needed. Oct. WTI oil settled at $47.33/bbl on Nymex,...

Gold futures continued to fall Thursday amid speculation that Fed Chair Janet Yellen will echo hawkish remarks from her colleagues. Yellen speaks to other central bankers from the Jackson Hole symposium tomorrow. Today, KC Fed President Esther George said its time to raise interest rates. Dec....

Crude oil futures were lower Thursday morning, after bearish U.S. inventories data took the steam out of a recent rally. The EIA reported a 2.5-million-barrel increase in crude oil inventories for the week to August 19, the same as a week prior. Gasoline inventories, already high for this time...

Gold prices edged lower Thursday morning, extending this week's losses amid talk of an impending interest rate hike from the Federal Reserve. Although many analysts are skeptical, recent chatter from Fed officials indicates a willingness to raise interest rates before year's end, possibly in September. Inflation...

Crude oil prices plunged Wednesday, once again unable to crack the $50 barrier due to a huge build in U.S. oil inventories. The EIA reported a 2.5-million-barrel increase in crude oil inventories for the week to August 19. Gasoline inventories, already high for this time of year, were unchanged. Oct....

Gold futures tumbled Wednesday amid speculation that Federal Reserve officials will jawbone interest rate hikes later this week. Fed Chair Janet Yellen speaks at the central bank's symposium on Friday. Analysts say Yellen will echo recent hawkish remarks from Fed colleagues indicating a willingness...

Crude oil prices fell Wednesday morning amid signs that U.S. oil inventories are rising yet again. The American Petroleum Institute reported a massive 4.464 million barrel increase in U.S. crude oil inventories. Gasoline inventories decreased by 2.2 million barrels. The Energy Information Administration...

Gold futures were slightly lower Wednesday morning, as markets were in limbo ahead of the upcoming Jackson Hole speech from Fed Chair Janet Yellen. Yellen is expected to signal at least one interest rate hike is imminent, but stubborn low inflation may compel the Fed to keep rates low through the...

Crude oil futures rose Tuesday despite ratings agency warnings that the recent rally will run out of steam. Goldman Sachs kept its $45-50/barrel outlook through mid-2017. Morgan Stanley says an greement between members of the Organization of the Petroleum Exporting Countries remains "highly unlikely"...

Gold futures were steady in quiet dealing Tuesday, as traders weighed a trickle of economic data ahead of this week's big Jackson Hole meeting. The flash manufacturing purchasing managers index from Markit fell to a reading of 52.1 this month from 52.9 in July. However, "Taking the July and August...

Gold futures remained flat Tuesday morning ahead of a this week's highly-anticipated commentary from Fed Chair Janet Yellen. Yellen will give her assessment of the economy and interest rate outlook in a speech during an annual meeting of central bankers in Jackson Hole, Wyoming, on Friday. Over...

Crude oil futures were lower for a second day Tuesday morning after Goldman Sachs called this month's rally "fragile." "While oil prices have rebounded sharply since August 1, we believe this move has not been driven by incrementally better oil fundamentals, but instead by headlines around a potential...

Crude oil prices fell Monday as traders bet last week's big rally was well overdone. Oct. WTI oil finished at $47.41/bbl, down $1.70, or 3.5 percent. A report from Baker Hughes showing an unexpectedly large build in US rig count activity contributed to the drop in oil prices. Traders will be...

Gold futures were flat Monday amid some upbeat U.S. economic data and a steady dollar. The Chicago Fed's national economic activity index improved to a 12-month high, boosting the likelihood of an interest rate hike before year's end. December gold settled at $1,343.40/oz, down $2.80, or 0.2% Trading...

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