The price of crude oil was slipping Monday morning as traders await cues from this week's economic data from the U.S. and China, the world's two largest economies, and comments by the Federal Reserve chairman..
Light Sweet Crude Oil (WTI) futures for July delivery, the most actively traded contract,...
The price of gold dipped to a fresh two-year low Monday morning amid a generally steady US dollar.
Gold for June delivery, the most actively traded contract, lost $15.10 to $1,349.60 an ounce. Last week, gold dived 5 percent after San Francisco Federal Reserve President John Williams indicated that...
U.S. crude oil ended sharply higher for a third straight session Friday, tracking rising global equity markets after some upbeat macroeconomic data out of the U.S. raised hopes of an economic recovery, even as the dollar strengthened against a basket of major currencies.
In some positive economic...
Gold futures continued to plunge lower for a seventh straight session Friday, with the dollar rising to a near three-year high against a basket of major currencies on some upbeat macroeconomic data and speculations the U.S. Federal Reserve may drastically scale down its quantitative easing program.
Gold...
The price of crude oil was ticking higher Friday morning, with the US dollar trading steady versus a basket of currencies.
Light Sweet Crude Oil (WTI) futures for June delivery, edged up $0.42 to $95.58 a barrel. Yesterday, oil settled higher after the dollar dropped against a basket of major currencies...
The price of gold was extending losses for a seventh straight session Friday morning, with the US dollar trading firm versus a basket of currencies after San Francisco Federal Reserve President John Williams indicated that the Fed may slow the pace of its asset purchases as early as this summer if labor...
U.S. crude oil ended higher for a second straight day on Thursday, after the dollar dropped against a basket of major currencies following a slew of weak macroeconomic data out of the U.S. A weak dollar tends to encourage buying in dollar-denominated commodities as it makes them cheaper to holders of...
Gold futures ended lower for a sixth straight day on Thursday following a decline in U.S. inflation rate, even as the dollar dropped against some major currencies on a slew of weak macroeconomic data out of the U.S.
A Labor Department report on Thursday showed U.S. consumer price inflation to have...
After snapping its four-session losing streak in the previous session, the price of crude oil was moving lower Thursday morning as traders await cues from the inflation data out of the US.
Light Sweet Crude Oil (WTI) futures for July delivery, the most actively traded contract, lost $0.62 to $93.94...
The price of gold moved down to its one-month low Thursday morning, with the US dollar trading steady versus a basket of currencies ahead of the release of inflation numbers.
A stronger greenback makes dollar-denominated commodities more expensive for holders of other currencies.
Gold for June...
U.S. crude oil snapped a four-day string of losses to end higher Wednesday, with the Energy Information Administration's weekly report showing a surprising decline in U.S. crude oil stockpile, even as gasoline inventories unexpectedly edged up last week. Oil prices fluctuated for most of the day, diving...
Gold futures plummeted to end at a near four-week low for a fifth straight day Wednesday, after the dollar trended higher against a basket of major currencies and a slew of soft economic data from the U.S. and Europe. The precious metal was also impacted by restrictions on gold imports in India, even...
Crude oil inventories in the U.S. edged down during the week ended May 10, official data showed Wednesday.
The U.S. Energy Information Administration in its weekly crude oil report said U.S. commercial crude oil inventories decreased by 0.60 million barrels to 394.90 million barrels last week, but...
The price of crude oil was extending losses Wednesday morning as traders await official data on the US crude oil inventories, due out later during the session.
In an interesting development, a group of oil companies are being investigated by the European Commission over allegations of price-fixing....
The price of gold was extending losses Wednesday morning as the US dollar continued to trade firm versus a basket of currencies.
Further, the Indian central bank this week banned gold imports through consignment and said that the measure was aimed to curb unnecessary speculative or transitory gold...