logo

Commodities

Share SHARE

Gold prices tumbled Friday morning, extending recent losses after robust U.S. jobs growth cemented expectations the Federal Reserve will hike interest rates mid-year. The U.S. created 295,000 jobs in February and the unemployment rate fell to 5.5% from 5.7%, the Labor Department said. Analysts expected...

Crude oil prices fell Friday morning as the dollar continued its assault on major currencies after a strong U.S. jobs report. The U.S. created 295,000 jobs in February and the unemployment rate fell to 5.5% from 5.7%, the Labor Department said, fueling speculation the Federal Reserve is going to raise...

Crudeoil-111814_05Mar15.jpg U.S. crude oil ended lower on Thursday, as the dollar strengthened against a basket of select currencies with investors apprehensive on the supply glut after an official weekly oil report yesterday showed crude stockpiles to have jumped much more than expected last week. Nonetheless, investor were...

Goldbars2-022513_05Mar15.jpg Gold futures ended lower for a fourth straight session on Thursday, as the dollar strengthened against a basket of major currencies after the European Central Bank detailed its bond-buying program. Some disappointing economic data from the U.S. also impacted the precious metal, with investors awaiting...

Crude oil prices continue to rise Thursday morning in the wake of another large build in U.S. oil inventories. With refineries shutting down for maintenance, crude stockpiles in the United States hit a record high, rising 10.3 million barrels last week, according to the Energy Department. U.S....

crudeoil-121114_04Mar15.jpg U.S. crude oil ended higher on Wednesday, as investors mulled over Saudi Arabia's move to raise selling prices for its oil to consumers in the U.S., Europe and Asia for April, which may indicate an uptick in demand from a Saudi viewpoint. Oil prices surged even as the official weekly oil report from...

Gold-051612_04Mar15.jpg Gold futures ended lower for a third straight session on Wednesday, as the dollar trended higher against a basket of some major currencies after some mixed economic data with some disappointing private jobs data from the U.S. Meanwhile, investors await the key employment report on Friday and the upcoming...

Gold prices remained stuck just above $1200 an ounce Wednesday morning amid the release of somewhat disappointing news from the U.S. jobs front. Automatic Data Processing Inc. reported just now that employers added 212,000 jobs last month, below January's revised gain to 250,000. The ADP figures...

Crude oil prices rose for a second day despite a stronger U.S. dollar, as traders geared up for some closely watched inventories data. U.S. crude stock piles have been growing at an astounding pace recently, and analysts expect a further build in inventories when the EIA releases its weekly figures...

Oil-051612_03Mar15.jpg U.S. crude oil ended higher on Tuesday, amid concerns over the violence in Libya as rival groups targeted oil terminals with possibilities of supply disruption from the region, even as the dollar trended lower against some major currencies. Israeli Prime Minister Benjamin Netanyahu's remarks on the ongoing...

Goldbars022513_03Mar15.jpg Gold futures ended lower for a second straight session on Tuesday, after investors moved away from the safe haven of the precious metal yesterday following a four-day gain. Investors now await the important U.S. non-farm payroll data due later in the week, and the upcoming European Central Bank meet. Gold...

Gold prices were flat Tuesday morning as a strong German retail sales report signaled the European economy may be on the mend, reducing gold's safe have appeal. German retail sales rose 2.9 percent in January over December, smashing expectations of a 0.3 percent decline. Traders remain skittish...

Crude oil prices were higher Tuesday morning, continuing a topsy turvy run around the $50 a barrel mark. Prices have been stuck in a relatively volatile trading range for the past two weeks, with big daily gains giving way to steep losses amid signs that OPEC will oversupply global markets. Crude...

Oil-041812_02Mar15.jpg U.S. crude oil ended lower on Monday, amid concerns over the health of the global economy even as the dollar weakened against a basket of some major currencies, with investors digesting a slew of economic reports from the U.S. The U.S. economy, one of the world's bright spots last year, grew at a...

Gold-111414_02Mar15.jpg Gold futures snapped a three-day gain to end lower on Monday, as U.S. equities climbed, with investors mulling over a slew of economic data from the U.S. and a rate cut in China. Gold inched lower despite some soft manufacturing and construction data from the U.S. and the Chinese central bank slashing...

Follow RTT