By Gary DorschIn the futures markets, crude oil is up 80% from a year ago, unleaded gasoline up 40% natural gas up 39%, Soybeans are up 83%, corn up 65%, wheat up 95%, sugar up 30%, Gold up 36%, and rough rice is 125% higher from a year ago
Gold futures surged on Tuesday after crude oil hit a new record high and the dollar dropped to a record against the euro, boosting the appeal of the precious metal.
By Jon NadlerMetals prices remained within fairly tight ranges overnight as little demand emerged from Asia around the $910 level. The US dollar once again came very close to the critical 1.60 mark against the euro, while crude oil scaled new peaks above $118 spurred by labour problems in the UK and...
By Jon NadlerCommodities are in their seventh years of gains, with oil rising above $117 a barrel for the first time and rice rallying for a sixth day
MUMBAI: India's gold futures were higher on Monday as overseas markets rebounded after a sharp sell off on Friday, but analysts had mixed views about the trend for the day, reports Reuters .
By Jon Nadler
Heavily weighed down by an initial retreat in crude oil and the dollar's rapid ascent to 72.22 on the index, gold prices took a nearly 4% tumble during the day of this final s...
By Jon Nadler
Weighed down by a retreat in crude oil and the dollars ascent to 72 on the index, gold prices took a nearly 2% tumble in the early morning prior to the New York opening.Yeste...
By Adrian Ash
If WallStreet stock can surge 200 points on falling earnings, an 11% drop in housing starts, and a 16 year record for consumer price inflation just as the Dow Jones Industrial...
By Jon Nadler
After scaling up to $953.90 on the back of a new record of $115.50 in crude oil, gold prices turned back to the low $940's as the US dollar climbed to near 71.70 on the index....
Gold futures fell in New York on Thursday as the dollar rallied against the euro. Other precious metals were mixed with platinum and palladium ending lower, while silver gained.Gold for June delive...
Time of the Year
If winter is the Most Wonderful Time of the Year as the popular song implies, it may not be too much of a surprise that gasoline consumers find the spring and summer anything but w...
Sugar posted the highest gains in more than four weeks after crude oil surged increasing demand for sugar cane as an alternative source of fuel such as ethanol.
Gold futures rose for a second day on Tuesday, making modest gains as a hedge against inflation after crude oil hit a new record high. Silver also rose.
Bank of China (BOC) has adjusted its forecasts of the year-on-year increase rate of China's consumer price index (CPI)this year from 5.5 percent to 6.5 percent, and is expected to increase interest rates in the second quarter this year, said the report issued by BOC's department of the global financial markets on Monday.
Crude prices jumped on Monday as the U.S. dollar declined and supply disruptions in a U.S. pipeline rose demand concerns.
Soybean advanced for a second day amid speculation that demand for biofuel made from the oilseed will increase due to high prices for crude oil and weak dollar that boosted demand for commodities.
By Jon Nadler
After a brief dip to $928 gold started to build on yesterday's gains once again overnight as the dollar touched a new all time low vis a vis the euro and sank to 71.50 on the ...
Gold futures gained 2 percent on Wednesday as crude oil soared to a new record while a weaker U.S. dollar boosted investors demand for the precious metal.
U.S. stocks dropped for a second day on Wednesday after United Parcel Service Inc. said shipments are slowing and crude oil topped $111 a barrel raising concerns about the economy.
Commodity Online
NEW YORK : Gold and other precious metal follwed oil on their journey south on Wednesday as gold itself pared back heavier losses overnight.June gold was lower by $US8.80...
June crude oil closed up $2.79 at a new contract high of $108.55 with little hope that OPEC can or will do anything to help contain prices.OPEC's Secretary General continues to say that there is p...
Gold futures rallied in New York on Monday along with other precious-metals futures , helped by a strength in crude oil and worries over the financial stability of the U.S. economy heightened investors demand for the precious metal.