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crudeoil-111314_19Dec14.jpg U.S. crude oil rebounded to end sharply higher on Friday, after having plunged over 4 percent on Thursday, although concerns over demand growth and oversupply continue to plague market sentiments. Oil prices found support with an official report from the Energy Information Administration earlier...

Gold-121814_19Dec14.jpg Gold futures ended slightly higher on Friday, with gains capped at the dollar continued to strengthen against a select band of currencies. With most global equity markets on the up, demand for the safe haven metal remained tepid. With little or no major economic releases for the day, gold futures...

Gold prices are up slightly Friday morning, although a stronger dollar and a rally in global equity markets are curbing the demand for the safe haven metal. Global stock markets are extending their gains, buoyed by the Fed's assurance that it would be patient with regard to interest rate hikes. Gold...

Crude oil prices are higher Friday morning, bouncing back after yesterday's over 4 percent plunge. Although Wednesday's report from the U.S. Energy Administration showed a drop in crude inventories last week, worries about excess supply continue to weigh on oil. Crude oil futures for January delivery...

GasolinePrice-121814.jpg Christmas has come early for drivers this year, as U.S. average gas prices are below $2.50 a gallon for the first time since October 2009, according to driving group AAA. They dropped 2.77 cents per gallon overnight - the largest one-day drop since November 2008. The national average price of gasoline...

Oil-121814_18Dec14.jpg U.S. crude oil plunged to end over 4 percent lower on Thursday, on renewed worries over the oversupply situation amid demand growth concerns, even as U.S. stockpiles declined albeit less than expected last week. Earlier today, crude prices moved higher, lifted by short-covering and an upbeat jobs...

gold-112014_18Dec14.jpg Gold futures pared much of the gains but still ended higher on Thursday, tracking rising global equity markets, even as the dollar trended higher after some upbeat jobs data from the U.S. showed initial claims for unemployment benefits to have declined more than expected. Gold prices found some support...

Gold prices are higher Thursday morning, rebounding from two-week lows, ahead of weekly U.S. jobless claims data. The U.S. Federal Reserve's statement that it would remain 'patient' before hiking interest rates is supporting the precious metal. Gold futures for February delivery are up $11.70...

Crude oil prices are higher Thursday morning, lifted by short-covering after plunging to 5-1/2 year lows amid mounting worries about oversupply and demand growth concerns. A modest decline in U.S. crude inventories last week is also supporting oil a bit. Crude oil futures for January are up $1.18...

crudeoil-112514_17Dec14.jpg U.S. crude oil ended higher for a second straight session on Wednesday, having touched an intraday high of near $59 a barrel after an official weekly oil report from the Energy Information Administration showed crude oil stockpiles in the U.S. to have dropped, albeit less than expected. Meanwhile,...

Goldbars2-111814_17Dec14.jpg Gold futures snapped a five-day loss to end a tad higher on Wednesday, after having fallen sharply in the previous session amid renewed doubts to whether the Federal Reserve will signal tighter monetary policy later this afternoon. Nevertheless, the gains were very limited as the dollar strengthened...

Gold prices inched higher Wednesday morning after falling sharply in the previous session amid renewed doubts about whether the Federal Reserve will signal tighter monetary policy this afternoon. It once seemed a foregone conclusion that the Fed would remove its "considerable time" pledge from this...

Crude oil prices resumed their epic slide Wednesday morning, unable to sustain a brief rally due to weak projections for global demand during a supply glut. U.S. crude oil for January was down $1.41 at $54.54 a barrel in electronic dealing on the NYMEX. Crude has plunged to its lowest since 2009...

crudeoil-121514_16Dec14.jpg U.S. crude oil snapped a four-day losing streak to end a tad higher on Tuesday, after fluctuating for much of the day as the dollar weakened against a basket of major currencies on some soft data from the U.S. and China, and ahead of the official weekly oil report from the Energy Information Administration. Fluctuating...

gold-112414_16Dec14.jpg Gold futures ended lower for a fifth straight session on Tuesday, tracking rising global equity markets with investors focused on the U.S. Federal Reserve's monetary policy outcome on Wednesday. Gold prices edged higher earlier in the morning, with weak global equity markets prompting traders to...