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August gold lost $7.60, or 0.6%, to settle at $1,323.40 an ounce, for a weekly loss of about 0.3%

Sept. WTI oil settled at $44.19/bbl on Nymex, down 56 cents, or 1.3%

Crude oil futures were stuck below $45 a barrel Friday morning amid speculation that Libya and Nigeria are ramping up production. Canadian oil sands are also getting back to normal after a devastating wildfire in Alberta earlier this year. Traders will be paying attention today when Baker Hughes...

Gold futures slipped Friday morning, trimming yesterday's gains while move back near monthly lows. Stock futures showed U.S. markets were stable after Donald Trump's GOP acceptance speech, limiting gold's safe haven appeal. Gold for August was down $7 at $1323 an ounce, while silver remained below...

Crude oil prices tumbled Thursday as a brief rally fizzled out on expectations the global supply glut will worsen. Nigeria, Canada and Iran are ramping up production after supply interruptions, while U.S. rig counts are seen rising yet again this week. Prices turned lower as traders shrugged off...

Gold futures nudged higher Thursday after the European Central Bank vowed to keep rates unchanged for the forseeable time. European Central Bank President Mario Draghi: "Following the UK referendum on EU membership, our assessment is that euro area financial markets have weathered the spike in uncertainty...

Crude oil futures were slightly higher Thursday morning despite concerns about the global supply glut. Falling U.S. inventories are putting a floor under oil prices that dropped below $45 for the first time since May. September crude oil was up 20 cents at $44.85 a barrel. Yesterday's EIA report...

Gold futures were flat Thursday morning after the European Central Bank stood pat on interest rates. The ECB looked to soothe markets by emphasizing it will keep its easy policy for 'extended period' in the wake of the UK's shock Brexit vote. Gold was down 20 cents at $1319 an ounce, near yesterday's...

Crude oil futures nudged higher from 2-month lows amid data showing U.S. inventories continued to fall. Commercial crude oil stockpiles in the U.S. fell by 2.3 million barrels in the week to July 15, the Energy Information Administration reported. That's in line with yesterday's figures from the...

Gold futures dropped to a 3-week low Wednesday as the U.S. stocks were poised to extend a hot streak, denting the precious metal's safe haven appeal. August gold was down $13, or 1%, to settle at $1,319.30/oz. Traders expect the Federal Reserve to signal a willingness to raise interest rates by...

Gold futures continued to fall Wednesday morning amid diminished demand for the safe haven of precious metals. U.S. stock futures are pointing up this morning, with the S&P 500 poised for fresh record highs. Meanwhile, the Republican National Convention has been a largely quiet affair, with violent...

Crude oil futures were flat Wednesday morning ahead of official inventories data from the Energy Information Department. A key prelude in the form of industry data was roughly in line with expectations for a draw down in stockpiles. The American Petroleum Institute's weekly report showed a 2.3...

Crude oil futures slipped to their lowest since May 9 on Tuesday, hurt by signs of robust global supplies through year's end. August WTI oil was down 59 cents, or 1.3%, to settle at $44.65/bbl on Nymex. Traders noted OPEC data showing increased production from Nigeria, where militants interrupted...

Gold futures barely budged Tuesday, staying well away from recent 28-month highs. With few catalysts to drive trades, gold was up 3 at $1333 an ounce, hugging the flatline for a second day. After rallying in June, gold's safe haven appeal has been diminished by rising stocks and easing concerns...

Gold futures were little changed for a second session, as markets took a summertime breather in the absence of influential economic news. With geopolitical flashpoints generating some risk aversion, gold has stayed near $1300 for the past few days. This morning, August gold was up $3 at $1333 an...

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