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Oil3-041912_23Oct14.jpg U.S. crude oil surged to end sharply higher on Thursday, boosted by reports that Saudi Arabia has cut its crude output to prop up prices, even as some strong earnings and upbeat data raised hopes the global economy would recover sooner than initially anticipated. Oil prices got a boost after reports...

Gold-051612_23Oct14.jpg Gold futures ended lower for a second straight session on Thursday, with investors opting for the riskier equity assets on the back of some healthy corporate earnings, following some upbeat economic data from China and the eurozone, amid a strengthening dollar. The precious metal also lost ground...

Gold prices are lower Thursday morning, extending previous session's slide, ahead of weekly U.S. jobless claims data. The yellow metal is losing some ground due to profit taking, having surged to a six-week high at one point on Wednesday. Data showing a modest expansion in Chinese manufacturing...

Crude oil prices are modestly higher Thursday morning, ahead of weekly U.S. jobless claims data. After yesterday's sharp setback, oil started off on a sluggish note this morning and very nearly slipped below $80 before staging a modest recovery. Crude oil futures for December delivery are up $0.23...

Oil-041812_22Oct14.jpg U.S. crude oil plummeted to end sharply lower on Wednesday, after a weekly oil report from the U.S. Energy Information Administration showed crude oil inventories to have surged nearly three times more than expected last week, with renewed concerns over excess supply globally. Earlier today, a weekly...

Goldbar-041213_22Oct14.jpg Gold futures snapped a two-day gain to end lower on Wednesday, as the dollar trended higher against a select band of currencies after some encouraging data from the U.S. showed inflation to have risen marginally in September, even as investors anticipate a fresh round of stimulus from the European Central...

Gold prices are holding near a six-week high Wednesday morning, with traders betting on fresh stimulus from the European Central Bank. Markets expect the ECB will soon embark on full-scale quantitative easing, no longer able to downplay the threat of a dangerous deflationary spiral. The situation...

Crude oil prices are higher Wednesday morning, ahead of official U.S. weekly inventory data. The U.S. Energy Information Administration will release the crude oil status report for the week ended October 17, at 10 am ET. Data released by the American Petroleum Institute late Tuesday showed U.S....

Oil-051612_21Oct14.jpg U.S. crude oil ended higher on Tuesday, ahead of the weekly U.S. inventory data amid continued worries over excess supply globally, even as lingering concerns over the health of the global economy remained. Oil found some support after data showed China's gross domestic product to have risen more...

gold01_05Apr12_21Oct14.jpg Gold futures ended higher for a second straight session on Tuesday, as investors continued to lean on the safe haven of the precious metal on lingering concerns over the health of the global economy after China reported a soft third-quarter gross domestic product growth. Investors continued to speculate...

Gold prices are slightly higher Tuesday morning, with traders continuing to seek the safe haven yellow metal despite a recovery in global equity masters. Gold is up on lingering concerns about the eurozone economy and a weaker dollar amid speculation the U.S. Federal Reserve may not hike rates soon. A...

Crude oil prices are higher Tuesday morning, ahead of weekly U.S. inventory reports. Prices recently touched the lowest in nearly four years, slipping briefly below $80 amid signs the global market is oversupplied. The American Petroleum Institute will come out its weekly oil status report this...

Oil-042512_20Oct14.jpg U.S. crude oil snapped a two-day gain to end lower on Monday, ahead of the weekly inventory data following some soft demand amid speculation of excess supply globally, even as markets look to steady after a volatile week brought on by concerns over the global economy. According to reports, environmental...

Goldbars2-022513_20Oct14.jpg Gold futures snapped a two-day loss to end higher on Monday, as the dollar trended lower against some major currencies with investors seeking the safe haven status of the precious metal amid worries over the eurozone economy, with added speculation the U.S. Federal Reserve may not hike rates soon. Comments...

Gold prices are higher Monday morning, with traders seeking the safe haven metal amid worries about euro zone economy and on speculation that the U.S. Federal Reserve may not hike rates soon. Comments from St Louis Fed President James Bullard last week that the Fed may delay the end of its asset purchase...