December 6, 2016

Oil Talks Get Lots Of Headlines But Makes No Headway

February 19, 2016 2:19 pm    Posted by    NEWS    , , , , , , ,

Oil prices continued to dominate the global headlines after several meeting between Saudi Arabia and other oil producers including Venezuela and Russia. Iran refused to limit or discuss quotas as they return to the global market for the first time ...

DAILY COMMODITY MARKET NEWS & LEVELS-01 FEBRUARY 2016

February 1, 2016 12:26 pm    Posted by    NEWS    , , , , , , , , ,

BULLION: Gold steadied at the start of the month on Monday, supported by slower U.S. fourth-quarter economic growth, after ending January with its biggest monthly gain in a year. Fresh data out of China on Monday should provide more clues ...

DAILY COMMODITY MARKET NEWS & LEVELS – 04 JANUARY 2016

January 4, 2016 12:08 pm    Posted by    TIPS    , , , , , ,

BULLION: Gold inched up on Monday, bolstered by a jump in oil prices and safe-haven bids from rising geopolitical tensions in the Middle East. Higher oil prices support bullion, as gold is often seen as a hedge against oil-led inflation. ...

DAILY COMMODITY MARKET NEWS & LEVELS-16 DECEMBER 2015

December 16, 2015 4:18 pm    Posted by    NEWS    , , , , , ,

BULLION: Gold drifted in a narrow range on Wednesday as investors awaited the conclusion of a Federal Reserve policy meeting at which the U.S. central bank is expected to raise rates for the first time in nearly a decade. The ...

DAILY COMMODITY MARKET NEWS & LEVELS-11 DECEMBER 2015

December 11, 2015 1:47 pm    Posted by    NEWS    , , , , , ,

BULLION: Gold looked set for another muted trading session on Friday but was headed for the seventh weekly drop in eight weeks as investors positioned for a looming U.S. rate hike. Fed Chair Janet Yellen next week has to decide ...

DAILY COMMODITY MARKET NEWS & LEVELS-03 DECEMBER 2015

December 3, 2015 2:39 pm    Posted by    NEWS    , , , , , ,

BULLION: Gold languished close to a near-six-year low on Thursday after comments from Federal Reserve chair Janet Yellen boosted expectations of a U.S. rate hike this month, while the strength in the dollar also weighed on the metal. Fed Chair ...

DAILY COMMODITY MARKET NEWS & LEVELS-02 DECEMBER 2015

December 2, 2015 2:28 pm    Posted by    NEWS    , , , , , ,

BULLION: Gold ticked up for a third session on Wednesday, buoyed by short covering following a dip in the dollar and soft U.S. manufacturing data. U.S. manufacturing contracted in November for the first time in three years, sending the dollar ...

DAILY COMMODITY MARKET NEWS & LEVELS-26 NOVEMBER 2015

November 26, 2015 3:16 pm    Posted by    TIPS    , , , , , ,

BULLION: Gold hovered close to its lowest in nearly six years on Thursday, as the dollar held at multi-month highs and U.S. economic data reinforced market expectations of an interest rate hike this year. Data on Wednesday showed that U.S. ...

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