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Gold futures were little changed from the previous session Monday morning, fighting back from overnight losses. Gold rallied last week as the Federal Reserve kept interest rates on hold. The precious metal is expected to retain its safe haven appeal as the November US presidential election hangs...

Crude oil prices were higher Monday morning after showing a lack of direction in recent weeks. Oil has been stuck near $45 as traders await the outcome of the OPEC meeting in Algiers that may result in a deal to curb production. WTI light sweet crude oil for November was up 62 cents at $45.10 a...

Crude oil futures tumbled Friday for the wrost daily loss in two months. November West Texas Intermediate crude dropped $1.84, or 4%, to settle at $44.48 a barrel on the NYMEX. Prices have zigzagged in the wake of the Federal Reserve decision Wednesday. In its statement, the Fed policy committee...

Gold futures fell Friday as traders booked profits from recent gains. December gold slipped $3, or 0.2%, to settle at $1,341.70 an ounce, for a weekly gain of 2.4%. Gold accelerated higher mid-week after the Federal Reserve kept interest rates steady. In its statement, the Fed policy committee...

federalreserve-092316.jpg Citing the risks posed by physical commodity activities, the Federal Reserve has proposed new regulations to strengthen existing requirements and limitations on the commodity activities of financial holding companies.

Crude oil prices continued to march higher Thursday, as the dollar weakened and U.S. stockpiles dwindled. The U.S. Energy Information Administration reported a 6.2 million barrel decline in weekly crude inventories. Nov. WTI oil settled at $46.32/bbl on Nymex, up 98 cents, or 2.2%, extending a...

Gold futures continued to rise Thursday as the dollar weakened after the Federal Reserve gave mixed signals on its interest rate outlook. Dec. gold settled at $1,344.70/oz , up $13.30, or 1%, its fourth consecutive daily advance. A divided Fed kept interest rates on hold yesterday and signaled...

oilrig-092216.jpg Crude oil is the most important source of energy in the world and, for now, has no significant substitute. It is a global commodity, with prices impacted by worldwide events. While just about every country in the world depends on oil, not all countries produce it. The top ten countries accounted for...

Crude oil futures were higher for a third day Thursday as the U.S. dollar weakened after the Federal Reserve hinted it may delay interest rate hikes. Despite three dissenting votes wanting interest rate hikes, the Fed held steady yesterday and issued a somewhat gloomy assessment of the economy. Crude...

Gold futures were higher Thursday, adding to weekly gains in the aftermath of the latest Federal Reserve decision. While some members of the Fed are eager to raise interest rates, they remain outnumbered by those willing to keep rates on hold for the time being. Yesterday's vote to leave rates...

Crude oil futures surged Wednesday, taking back recent losses after the government said U.S. oil inventories plunged last week. Oil for November delivery settled up $1.29, or 2.9%, at $45.34 a barrel. The U.S. Energy Information Administration reported a 6.2 million barrel decline in weekly crude...

Crude oil futures were higher Wednesday morning ahead of the all-important Federal Reserve decision and EIA U.S. oil inventories. Crude oil for November was up 55 cents at $43.85 a barrel, having touched its lowest since July. In a key prelude to this afternoon's EIA report, the American Petroleum...

Gold futures rose Wednesday after the Bank of Japan offered a surprising policy statement, and ahead of the crucial interest rate announcement from the Federal Reserve. The Bank of Japan modified its existing policy framework, giving thrust to the yield curve as it still struggles to achieve the 2...

Crude oil futures were higher Tuesday despite remarks from a top OPEC official who downplayed the possibility of a deal between major producers to curb output. Refering to an upcoming meeting: "It is an informal meeting, it is not a decision-making meeting," Secretary-General Mohammed Barkindo said,...

Gold futures barely budged Tuesday as the Federal Reserve's interest rate decision loomed. The Fed is likely to maintain its current ultra-low interest rate, but there is a chance of tightening before year's end. The Bank of Japan also makes a monetary policy decision Wednesday. Dec. gold was...

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