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Crude oil futures fell from yearly highs Wednesday ahead of U.S. inventories data. Traders expect U.S. stockpiles continued to soar last week, adding to the gargantuan surplus recorded earlier in February. The American Petroleum Institute (API) is out with numbers this afternoon, and the U.S. Energy...

Gold futures inched lower Wednesday, as stocks were poised to extend recent gains. With the DJIA on track for its longest winning streak in thirty years, gold has lost some of its safe haven appeal this week. Gold settled down $5.60, or 0.5%, at $1,233.30 an ounce, easing further from its 3-month...

Crude oil futures edged lower Wednesday morning ahead of U.S. inventories data that may show storage facilities are brimming. The American Petroleum Institute releases industry figures today, while the EIA is out with official numbers tomorrow morning. U.S inventories have soared to record highs...

Gold futures were flat Wednesday morning as traders braced for the minutes of the most recent Federal Reserve meeting. The minutes may give clues about whether the Fed intends to hike interest rates in March or wait until later in the year. A number of Fed officials have hinted they still expect...

Crude oil prices rose Tuesday as a top OPEC minister discussed the cartel's supply quota agreement. "We are going to go for much higher levels of compliance because of the very high level of stocks that we have brought over with us from 2016," Mohammad Barkindo, secretary-general of the Organization...

Gold futures were flat Tuesday as rising stocks dented the precious metal's safe haven appeal. Also, Philly Federal Reserve president Patrick Harker suggested he would support an interest rate increase at the upcoming March meeting. Gold for April ended down 20 cents, or less than 0.1%, at $1,238.90...

Crude oil futures were higher Tuesday morning despite concerns about the global supply glut. OPEC is cutting output, but soaring U.S. production and concerns about demand are keeping oil prices in a stubborn trading range. WTI light sweet crude was up $1 at $54.74 a barrel, having held below $55...

Gold futures were lower Tuesday morning ahead of closely watched comments from the Federal Reserve. Traders are looking for clues about when the Fed intends to raise interest rates. Gold for April was down 7 dollars at $1231 an ounce, slipping from the highest since November. Minneapolis Federal...

Crude oil futures fell Friday, staying smack dab in the middle of a stubborn trading range amid further signs that U.S. production is spiking. Data from Baker Hughes Friday revealed that the number of active U.S. rigs drilling for oil rose by 6 to 597 rigs this week, for the fifth weekly increase...

Gold futures inched lower Friday, trimming weekly gains as traders did some profit taking in most asset classes. April gold was down $2.50, or 0.2%, to $1239.10 an ounce. Still, mixed signals on U.S. interest rates and political murkiness helped gold rise 0.3% this week, at one point touching its...

Crude oil futures remained range-bound Friday morning ahead of closely watched U.S. rig count figures. WTI light sweet crude was down 28 cents at $53.08 a barrel, having bounced around this level for the past few months. The Baker Hughes North American rig count that tracks weekly changes in the...

Gold futures were steady Friday morning, as president Donald Trump's contentious press conference raised concerns about his administration's focus on new policies. Markets are waiting on details of Trump's tax and tariff plans, in addition to promised health care reforms. Stocks climbed to record...

Crude oil futures rose Thursday, holding above $53 a barrel amid hints that OPEC will further cut production unless prices move higher. Although OPEC has achieved 92% compliance with a plan to shrink output, the cartel may have to increase the pace of cuts and extend the agreement beyond June, according...

Gold futures rose Thursday, touching their highest since November on mixed economic data and geopolitical tensions. April gold settled at $1,241.60/oz, up $8.50, or 0.7%. New residential construction in the U.S. pulled back in the month of January, according to a report released by the Commerce...

Gold futures nudged higher Thursday morning despite mounting speculation the Federal Reserve will raise interest rates in the first half of the year. A number of Fed officials have made hawkish comments this week, including Fed Chair Janet Yellen, who told Congress that a rate hike is on the table...

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