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Gold futures rose Thursday morning, improving slightly from 5-week lows seen earlier in the week. August gold was up $6 at $1252 an ounce. The precious metal's safe haven appeal is apparent over the past two sessions, as stocks show signs of fatigue after a run to record highs. The collapse in...

Crude oil futures continued to plunge Wednesday despite government data showing a drop in U.S. oil stockpiles. August WTI oil fell 98 cents, or 2.3%, to settle at $42.53/bbl, sliding through support to hit a 10-month low. Prices plummeted into bear market territory. Crude inventories fell 2.5 million...

Gold futures paused after a recent downtrend Wednesday, holding near 5-week lows in the absence of market-moving economic data. The dollar wobbled a bit today, allowing gold to find its footing. Gold's safe haven value was also boosted by signs that markets will be vulnerable to the collapse in crude...

Crude oil futures inched higher Wednesday morning, trimming significant recent losses after the American Petroleum Institute (API) reported a modest draw of 2.72 million barrels in United States crude oil inventories. The Energy Information Administration is out with its official report this morning. While...

Gold futures were steady Wednesday morning ahead of what is looking like a quiet session on Wall Street. Traders are paying attention to conflicting comments from the Bank of England that has seen the dollar and pound zig zag this week. Today, the dollar weakened versus the pound after BoE official...

Crude oil futures plunged into bear market territory Tuesday amid reports that Nigeria and Libya are ramping up production. The two most vulnerable OPEC nations are exempt from the cartel's supply quota deal with Russia. While some increases in production were expected, the pace of Libya's output...

Gold futures fell to the lowest in more than a month Tuesday as dovish comments from the Bank of England helped strengthen the U.S. dollar. August gold was down $3.20, or 0.3%, to settle at $1,243.50/oz, extending steep recent losses. The time is not right to begin raising interest rates, Bank...

Crude oil futures continued to plunge Tuesday morning and are on the verge of bear market territory, having dropped nearly 20 percent in the past few weeks. The global supply glut is likely to weigh on oil prices throughout the year, as OPEC's production limits are being offset by robust non-OPEC...

Gold futures were little changed Tuesday morning, giving up modest overnight gains amid more speeches from Federal Reserve officials. Hawkish comments from New York Fed President William Dudley on Monday underscored the Fed's determination to gradually normalize interest rates despite a rough patch...

Crude oil futures fell Monday as the dollar strengthened on expectations the Federal Reserve will again raise interest rates in the next few months. The Fed hiked rates for the third time in six months last week. Instead of signaling concerns about the health of the economy, policy makers said they...

Gold futures fell Monday, extending recent losses as the dollar strengthened on hawkish comments from a Federal Reserve official. "Inflation is a little lower than what we would like, but we think that if the labor market continues to tighten, wages will gradually pick up and with that, inflation...

Crude oil futures were steady Monday morning after falling sharply last week. Oil demand will surpass supply in the second half of this year, the International Energy Agency said Friday. Also, Baker Hughes said the U.S. rig count rose by 6 to 747, the most since April 2015. WTI light sweet crude...

Gold futures fell Monday, extending recent losses in the aftermath of last week's rate hike by the Federal Reserve. The Fed projects another rate hike this year and three more in 2018 despite a rough patch for the economy. Gold for August was down $4 at $1252 an ounce, the lowest in three weeks. New...

Crude oil futures inched higher Friday, up from yearly lows despite industry data showing the U.S. oil rig count rose for the 22nd week in a row. WTI oil prices posted a weekly loss of 2.4%, down a 4th week in a row. July WTI oil gained 28 cents, or 0.6%, to settle at $44.74/bbl today. Baker Hughes...

Gold futures rose slightly Friday but stayed near yesterday's 3-week low in the wake of Wednesday's interest rate hike. August gold rose $1.90, or 0.2%, to settle at $1,256.50 an ounce. Prices were down 1.2% for the week. New residential construction in the U.S. unexpectedly showed a steep drop...

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