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Crude Oil rise in Seven Days, Finally Stopped
Oil fell for the first time in eight days on concern that European governments are not doing enough to tackle the debt crisis worsened, increasing speculation that crude oil demand will slip.
Prices fell from a high level two months after the...
Gold to Record Lows on Speculation China
Gold fell to its lowest level in more than two weeks on speculation that China may not need additional stimulus after export growth is higher than expected at 9.9% in September compared to the previous year. Silver fell to its lowest level in...
Oil Prices Continue Weakening
Oil prices fell for a second day in New York after Iran’s repeated offers to suspend the production of medium-enriched uranium domestically before European leaders meet to tighten sanctions against the Persian Gulf nation.
Oil futures...
Gold Still Awaits Clarity Spain
Gold fell on Friday, heading for its biggest weekly drop in two months, but prices remain near a 11-month high as markets seek clarity on when and whether Spain will ask for a bailout. Standard & Poor’s cut Spain’s credit rating...
Oil Prices Rise As US Unemployment Claims Decline
Oil prices rose for a second day in New York after US jobless claims fell to its lowest level in four years and over increased tensions in the Middle East sparked fears that supplies will be disrupted.
Oil futures contract rose 0.6% and moved...
Oil Headed The First Weekly Gain In A Month
Oil headed the first weekly gain in a month in New York after U.S. claims for unemployment benefits fell to the lowest level in four years and rising tensions in the Middle East pushed crude oil supply concerns disrupted.
Oil was little changed...
Gold Prices Turned Down On Profit Taking
Gold prices turned in trading on Friday (12/10) on profit-taking is done by utilizing the broker market doubts over the state of Spain today. For the price of gold with delivery in December, a decrease of $ 8.30, down 0.5%, to $ 1,762.30 per...
Gold Slump Post Chicago PMI Data
Gold slump post Chicago PMI data. On the last trading day of the third quarter, the corrected thin gold after winning the 7-month highs but still in positive territory during the third quarter.
Observed so far gold prices for December contract...
Gold Slips, Dollar Strengthens
Gold futures slipped in European trading Friday as a stronger dollar put pressure on commodities as traders anticipated U.S. economic data will be released.
In trading on the Comex division of the New York Mercantile Exchange, Gold futures for...
Oil Prices Were Supported By Expectations
Oil prices rally a second day in New York and continues to near its biggest quarterly gain this year ahead of the release of U.S. personal spending data expected to show the strength of the recovery.
Oil futures contract rose 0.6% after rising...