Talking Points Crude Oil Poised to Follow Stocks Higher Amid Recovery in Risk Appetite Gold May Fall Despite Dollar Weakness as FOMC Minutes Weigh on QE3 Bets WTI Crude Oil (NY Close): $98.83 // -0.82 // -0.82% Prices are probing above the $100/barrel figure in Europe as a recovery in risk appetite that began in [...]
SAN FRANCISCO (MarketWatch) — Gold futures rose Friday, rebounding from a 4.7% six-session loss as crude-oil futures edged lower to trade below $99 a barrel. Gold for February delivery was up $25.80, or 1.7%, at $1,566.70 an ounce on the Comex division of the New York Mercantile Exchange. Futures prices are poised for a gain [...]
SAN FRANCISCO (MarketWatch) — Gold futures fell Thursday, headed for their sixth losing session in a row as crude oil futures also declined ahead of a government update on petroleum supplies. Gold for February delivery was down $30.30, or 1.9%, at $1,533.80 an ounce on the Comex division of the New York Mercantile Exchange. Prices [...]
SAN FRANCISCO (MarketWatch) — Gold futures fell Wednesday, headed for their fifth losing session in a row as crude oil futures inched lower, pulling back after a six-session gain of more than 8%. Gold for February delivery was down $16, or 1%, at $1,579.50 an ounce on the Comex division of the New York Mercantile [...]
SAN FRANCISCO (MarketWatch) — Gold futures edged lower Tuesday to fall back below $1,600 an ounce, while crude-oil futures climbed, poised to extend their gains to a sixth session in a row. Gold for February delivery was down $8, or 0.5%, at $1,598 an ounce on the Comex division of the New York Mercantile Exchange. [...]
“Since its inception in 1913, The Federal Reserve Board has been responsible for almost 95% devaluation of the U.S. Dollar. All this has been achieved through its ability to continually inflate the money supply. And, between 1985 and 2005, the Federal Reserve Board has increased the money supply by five times. This extraordinary money creation [...]
SAN FRANCISCO (MarketWatch) — Crude-oil futures rose Thursday, extending the prior session’s gains after a surprise drop in inventories and after an optimistic report on jobs data, while gold futures fell. Oil for February delivery rose 73 cents, or 0.7%, to $99.40 a barrel on the New York Mercantile Exchange. Gold for February delivery fell [...]
SAN FRANCISCO (MarketWatch) — Gold futures edged lower Wednesday to give back part of the previous session’s gains, while crude-oil prices headed higher, poised to extend a two-session climb. Gold for February delivery was down $4, or 0.3%, at $1,613.60 an ounce on the Comex division of the New York Mercantile Exchange. On its first [...]
SAN FRANCISCO (MarketWatch) — Gold futures climbed by more than $20 an ounce Tuesday and oil prices headed higher for a second-straight session, with both commodities finding support from a weaker U.S. dollar. Gold for February delivery was up $20.10, or 1.3%, at $1,616.80 an ounce on the Comex division of the New York Mercantile [...]
NEW YORK (MarketWatch) — Crude oil for January delivery rose 2% to $95.89 on Tuesday after better-than-expected U.S. housing starts. Gold futures held steady, rising 0.6%, or $9.40, to $1,605.80. Originally from MarketWatch
Originally from MarketWatch
Talking Points Crude Oil Pressured by Risk Aversion But Chart Hints at Bounce Ahead Gold Taking Cues from US Dollar’s Response to Euro Crisis News Flow WTI Crude Oil (NY Close): $93.53 // -0.34 // -0.36% Crude oil prices are under pressure in European trade as Eurozone debt crisis jitters and the death of Kim [...]
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