Crude prices fell on Wednesday, extending losses into a third session, amid speculation weekly supply data due later in the day will show an increase in U.S. oil and fuel supplies. The U.S. Energy Information Administration will release its official weekly oil supplies report for the week ended Jan. 26 at 10:30AM ET (1530GMT). After […]
Gold prices edged higher on Wednesday, as investors looked ahead to the outcome of the Federal Reserve’s policy meeting, the last under the leadership of Janet Yellen before she hands the chairmanship over to Jerome Powell. Comex gold futures were up around $7.00, or 0.5%, to $1,342.30 a troy ounce by 3:00AM ET (0800GMT). It […]
Gold prices edged lower to start the week on Monday, pulling further back from a 17-month high as the U.S. dollar recovered somewhat from last week’s turbulence, prompted by conflicting comments from the Trump administration at Davos. Comex gold futures slumped around $7.00, or 0.5%, from the last session’s closing price to $1,345.60 a troy […]
Gold prices were hovering near after four-month highs on Thursday, propelled higher by a weaker dollar, which hit fresh three-year lows after the Trump administration signaled that it preferred a weaker currency. Comex gold futures were at $1,357.80 a troy ounce by 04:15 AM ET (09:45 AM GMT), after rising as high as $1,365.40 overnight, […]
Gold prices rose to their strongest level in more than four months on Wednesday, supported by a weaker U.S. dollar languishing at three-year lows. Dollar weakness usually benefits gold, as it boosts the metal’s appeal as an alternative asset and makes dollar-priced commodities cheaper for holders of other currencies. Comex gold futures rose to a […]
Gold prices edged higher on Tuesday, supported by a weaker U.S. dollar languishing near three-year lows after U.S. lawmakers reached a deal to end a government shutdown. Comex gold futures were at $1,336.10 a troy ounce by 3:15AM ET (0815GMT), up around $4.00, or 0.3%, from the last session’s closing price. Meanwhile, silver futures tacked […]
Gold prices edged lower to start the week on Monday, as investors took a relatively calm view of the partial shutdown of the U.S. federal government. Comex gold futures were at $1,331.10 a troy ounce by 3:20AM ET (0820GMT), down around $2.00, or 0.2%, from the last session’s closing price. Meanwhile, silver futures inched down […]
Gold prices started the week on the front-foot on Monday, hitting their highest level since September as the dollar languished at three-year lows against a basket of currencies. Dollar weakness usually benefits gold, as it boosts the metal’s appeal as an alternative asset and makes dollar-priced commodities cheaper for holders of other currencies. Comex gold […]
Gold prices were trading at four-month highs on Friday, as sentiment on the greenback remained vulnerable following weak U.S. data released on Thursday and ahead of key retail sales and inflation reports due later in the day. Comex gold futures were up 0.38% at $1,327.60 a troy ounce by 03:00 a.m. ET (07:00 GMT), the […]
Gold prices inched lower in early dealings on Thursday, as the dollar recovered against major rivals after China’s regulator called a report about Beijing slowing or halting of its U.S. bond buying possibly wrong. Comex gold futures were at $1,316.70 a troy ounce by 3:05AM ET (0805GMT), down $2.70, or about 0.2%, from the last […]
