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Gold prices were slightly lower yet again Friday morning, having dropped to the lowest since December 2017. The dollar has strengthened over the past week, denting most commodities. Analysts say the Federal Reserve is all but certain to raise interest rates at least two more times in 2018, with the...

Crude oil prices Thursday amid lingering expecations that OPEC will further reduce supplies. Venezuela and Nigeria are among the cartel members beset by political turmoil, while Iran may be hit with harsh U.S. sactions that could effect the oil industry. Meanwhile, the IEA says global oil demand...

Gold futures were flat for a second day as markets remained relatively quiet. Gold has steadied since falling sharply earlier in the week to a 5-month low on a stronger dollar and expectations for a Federal Reserve rate hike. June gold slipped to $1,289.40/oz, down $2.10, or nearly 0.2% Suggesting...

Crude oil prices continued to march higher Thursday morning amid analyst expectations for a move toward $100 a barrel. WTI light sweet oil was up 60 cents at $72.12 a barrel, the highest in four years. With OPEC cutting production, the Venezuelan oil industry in tatters, and geopolitical tensions...

Gold futures were lower Thursday morning, extending significant losses from earlier in the week. A strong dollar and rising treasuries have driven gold to the lowest of the year. Also, the Federal Reserve is widely expected to raise interest rates at least two more times by year's end. A modest...

Gold prices were flat Wednesday as U.S. stocks recovered early losses. June gold settled at $1,291.50/oz, up $1.20, or less than 0.1%. Gold fell sharply earlier in the week, tumbling to a 5-month low amid speculation the Federal Reserve will raise interest rates in June. A stronger dollar also...

Crude inventories fell by 1.4 million barrels in the week to May 11, compared with expectations for a decrease of 750,000 barrels. Once again, the government's data was in contrast to the weekly industry report from the American Petroleum Institute. The API reported Tuesday that U.S. crude supplies...

Gold futures continued to fall Wednesday morning, extending yesterday's significant losses. Gold has dropped to the lowest of 2018 as the dollar and treasuries rallied. The safe haven appeal of the precious metal has provided little support this week, even as U.S. equities came under pressure. June...

Crude oil futures rose Tuesday, even as U.S. stocks and other commodities melted down. Oil has surged to 4-year highs amid speculation that OPEC will continue to cut production. Saudi Arabia and other cartel members are choosing to limit output, while Venezuela's oil industry is collapsing due...

Gold futures plunged Tuesday along with U.S. stocks amid a significant rise in bond yields. Analysts say a rate hike in June is now a certainty, hurting gold prices. June gold dropped $27.90, or 2.1%, to settle at $1,290.30/oz., the lowest since December 2017. Retail sales in the U.S. increased...

Crude oil futures continued to rise Tuesday morning ahead of US inventories data. WTI light sweet oil was up 57 cents at $71.52 a barrel, having touched the highest in 4 years. The rally has been fueled by speculation that OPEC will continue to cut production, particularly in the failing state...

Gold futures fell Tuesday morning, slipping back toward the $1300/oz mark. The UK unemployment rate remained unchanged at a 43-year low and real wages increased amid falling unemployment in the first quarter, the Office for National Statistics said Tuesday. The ILO jobless rate remained at 4.2...

Crude oil prices were slightly higher Monday, edging back toward last week's 4-year peak. OPEC predicted strong demand from crude oil for the next year, helping fuel crude's modest rally. The cartel downplayed the impact of the U.S. shale boom, but warned about U.S. trade squabbles. "So far...

Gold futures edged lower Monday, but stayed in a stubborn trading range on a quiet day. June gold fell $2.50, or 0.2%, to settle at $1,318.20/oz, unable to sustain any direction this year. Argentina's plunging peso currency dropped 9% to a new historic low against the U.S. dollar. James Bullard,...

Crude oil futures were flat Monday moring as OPEC raised its forecast for non-OPEC production due to the U.S. shale oil boom. The cartel also lifted its demand forecast but warned about possible negative implications from U.S. trade squabbles. OPEC expects the world to consume 98.85 million barrels...

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