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Gold futures were slightly higher Monday, trimming steep losses from the previous session as stocks were set for another rough open. The precious metal may attract bargain hunters this week due to its safe haven value. Gold was up $4 at $1282.90 an ounce, while silver was up a penny at $16.59. On...

Crude oil futures were flat Monday morning after significant losses in the previous few sessions. WTI light sweet oil was steady near $65 a barrel in thin trade. Commodities in general have weakened along with the global economic outlook due to a brewing trade war between the U.S. and China. Also,...

Crude oil futures tumbled Friday, hitting fresh 2-week lows amid expecations OPEC will ramp up demand. Meanwhile, the U.S. shale boom continues. Baker Hughes reported today that the number of active U.S. rigs drilling for oil rose by 1 to 863 this week. Commodities were hammered today along with...

Gold futures plunged Friday amid a general drop in commodity prices, as the dollar consolidated recent gains. Traders have come to realize that the end of easy money is near -- the Federal Reserve is set to raise interest rates four times this year and the European Central Bank will wind down its...

Crude oil futures were lower Friday morning amid expectations that Saudi Arabia and Russia will boost oil production next week. OPEC meets June 22 and analysts say that Saudi Arabia will endure complaints about rising prodcution from fellow cartel members like Iran. WTI light sweet oil was down...

Gold futures fell Friday morning, reversing mid-week gains as the dollar continued to rise. August gold was down $8.30 at $1299.50 an ounce. Stocks were headed for a rough open, and crude oil was also turning lower. That's after President Donald Trump approved a plan to impose punishing tariffs...

Crude oil futures inched higher Thursday, settling at a 2-week high despite rumors that OPEC will ramp up production. Traders today reacted to a large increase in U.S. retail sales in the month of May. The Commerce Department said retail sales jumped by 0.8 percent in May after climbing by an upwardly...

Gold prices rose Thursday despite a much bigger than expected increase in U.S. retail sales in the month of May. The Commerce Department said retail sales jumped by 0.8 percent in May after climbing by an upwardly revised 0.4 percent in April. That will likely result in U.S. GDP above 4% in the...

Crude oil futures were higher Thursday morning, extending gains from the previous session. Dwindling U.S. oil inventrories have offset speculation that Saudi Arabia and Russia plan to increase production. Meanwhile, the European Central Bank has pledged to keep interest rates on hold well into...

Gold prices rose Thursday after the European Central Bank president warned that "increased protectionism" could hurt the economic outlook. Meanwhile, the Commerce Department released a report on Thursday showing a much bigger than expected increase in U.S. retail sales in the month of May. The...

Crude oil futures rose Wednesday after the government said energy inventories fell much more than forecast. Crude inventories dropped 4.1 million barrels in the week to June 8, compared with analysts' expectations for a decrease of 2.7 million barrels. Gasoline stocks fell 2.3 million barrels. U.S....

Crude oil futures were lower Wednesday morning after industry data showed U.S. gasoline inventories continued to rise. The American Petroleum Institute (API) reported a draw of 730,000 barrels of United States crude oil inventories for the week ending June 8. That's less than forecast. At the same...

Gold futures inched lower Wednesday morning ahead of the Federal Reserve's latest interest rate decision and wholesale inflation data. The Fed is expected to raise interest rates and signal one more rate hike in 2018. Gold was down $2 at $1297 an ounce, having drifted lower over the past few sessions. In...

Gold futures were flat Tuesday as inflation data cemented expectations for an interest rate hike tomorrow. Gold eased $4.30 to $1289.90/ox at last check. A report released by the Labor Department showed another modest increase in consumer prices in the U.S. in the month of May. The Labor Department...

Crude oil prices fell Tuesday morning amid indications that Saudi Arabia is ramping up production. Saudi Arabia boosted daily oil output in May to the highest level since October, according to Bloomberg. The Saudis and Russia are reportedly going to announce an output increase at their upcoming meeting. WTI...

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