Oil firms on falling dollar
Oil edged back up above $97 a barrel in thin trade on Friday, buoyed by the unrelenting decline in the U.S. dollar, while some OPEC members showed signs of stepping up output ahead of their policy meeting in two weeks.
Gold gains $6 on bargain hunting and Fed outlook
Gold gained more than $6 an ounce on Friday as bargain hunting intensified after the U.S. dollar tumbled to record lows against the euro on expectations the Federal Reserve will slash interest rates next month.
Gold tests $800 on weak dollar, record oil
Gold briefly traded over $800 an ounce on Wednesday, bringing recent 28-year highs back into view as oil topped $99 per barrel and the dollar plumbed record lows against the euro.
Record oil price still below inflation-adjusted high
U.S. oil surged to a nominal all-time high of $99.29 a barrel on November 21, boosting the annual average price to $69.97.
More news
Oil above $94 as dollar concerns persist
Oil edged higher to stand above $94 a barrel on Monday, supported by a weak dollar and after some OPEC members pushed for action to stem their declining purchasing power.
Gold higher on firm oil; capped below $800
Gold rose on Monday with oil prices, but the dollar's slight rally against the euro sapped momentum and capped gains below the $800 mark.
Oil climbs toward $95 on U.S. dollar concerns
Oil extended gains on Monday, nearing $95 a barrel as the dollar fell and some OPEC members pushed for action to stem their declining purchasing power.
OPEC summit ends in division over weak dollar
An OPEC summit ended on Sunday in sharp political division over whether to take action over the weak dollar, as heads of state vowed to keep providing Western consumers with an adequate supply of oil.
Gold recovers from slump; hovers below $800
Gold regained strength on Friday as bargain hunters and investors resurfaced to take advantage of the metal's sharp drop the previous day.
Oil rises above $94 a barrel
Oil rose above $94 a barrel on Friday, rebounding from losses the previous session after a surprise build in weekly U.S. crude stocks.
Crude oil drops on higher U.S. inventories
Crude oil prices fell on Thursday after a government report indicated an unexpected rise in U.S. oil and gasoline stocks as winter demand approaches.
Copper prices dip as mining resumes after Chile quake
Copper prices fell on Thursday, a day after reaching their highest levels in two months, as mining companies resumed production following an earthquake in the Chile, the world's top copper producer.
Gold dips on dollar rebound, holds $800 support
Gold prices slid on Thursday in choppy trade, giving up overnight gains on a rise in the dollar versus the euro and easing oil prices that dented bullion's role as a hedge against inflation.
Oil drifts lower ahead of U.S. inventory data
Oil drifted lower on Thursday ahead of U.S. government data expected to show a further fall in crude oil supplies in the world's biggest oil consumer.
Gold firms after testing $800 support
Gold firmed on Wednesday, having briefly tested support below $800 per ounce, leaving investors nervy over the prospect of more falls from recent 28-year highs.
Oil rebounds slightly, eyes U.S. inventory data
Oil moved higher on Wednesday, after falling sharply for the past two days, supported by expectations of a further fall in U.S. crude oil supplies and as OPEC brushed off U.S. calls to raise output.
Oil slumps over 3.5 pct as demand outlook sours
Oil prices slumped more than 3.5 percent Tuesday after the International Energy Agency cut its forecast for world oil demand growth, saying that the recent surge in crude prices had already hurt consumption.
Gold bounces above $800 after 1 percent drop
Gold bounced back to trade above $800 an ounce on Tuesday after falling overnight to a one-week low, as bargain-hunters resurfaced and a weaker dollar supported the market, analysts said.
Oil drops over $1 after IEA cuts demand outlook
Oil fell more than $1 on Tuesday after the International Energy Agency (IEA) cut its forecast for world oil demand growth, saying that the recent surge in oil prices had already hurt consumption.
Gold drops 2 percent on dollar, oil, risk aversion
Gold fell more than 2 percent on Monday, as weaker oil prices and recovery in the dollar prompted investors to take profits from the metal's recent 28-year highs.
Metals ease on demand worry as BHP and Rio shares firm
Metals prices slipped on Monday on fears of waning demand, but mining giants BHP Billiton and Rio Tinto, engaged in a takeover battle, were among the big gainers on the London stock market.
U.S. oil slides below $95
U.S. oil slid below $95 on Monday after top exporter Saudi Arabia said OPEC would look at raising output to brake oil's ascent towards $100 and safeguard world economic growth.
Oil falls as OPEC mulls raising output
Oil fell more than $1 on Monday, reversing the previous session's rally, after OPEC kingpin Saudi Arabia said the cartel would discuss boosting oil output at an upcoming meeting to cool surging oil prices.
Gold could fly further, but brace for rocky ride
Conditions are perfect for gold price gains but the fall could be brutal if the support of a weak dollar and crude really ends.
Gold moves higher on dollar's slump
Gold gained on Friday, with investors keen to drive the metal to a record high of $850 an ounce as the dollar tumbled to an all-time low and oil rallied.
Oil rises above $96, weak dollar supports
Oil rose above $96 on Friday, supported by a weak dollar, but gains were limited by concerns over the U.S. economy after another bank warned of large credit losses.
OPEC inaction on $100 oil could sting later
OPEC's reluctance to open the spigots as oil nears $100 a barrel could backfire on the cartel as alternative energy sources and consumer conservation dig into demand.
Oil resumes march to $100
Oil recouped early losses to resume its march towards the $100-milestone on Thursday as resurfacing worries of tight winter supplies and continuing dollar weakness put the brakes on some early profit-taking.
OPEC calls for tighter regulation of oil market
OPEC's secretary-general called on Thursday for tighter regulation of oil markets to reduce the speculative investment the exporter group blames for driving prices to nearly $100 a barrel.
Gold eyes record $850 as oil nears $100
Oil was on the cusp of the landmark $100 a barrel level on Wednesday, helping push gold towards a record $850 an ounce as an embattled dollar hit new lows.
Oil races to record high above $98 a barrel
Oil sped above $98 a barrel for the first time on Wednesday, closing in on the landmark $100 level, driven by a slumping U.S. dollar and worries over a winter fuel supply crunch.
Gold hits 28-year high on ailing dollar, strong oil
Precious metals raced higher on Tuesday, boosted by an ailing dollar and strong oil, with gold hitting 28-year highs, silver soaring to its best price in 27 years and platinum setting a record.
Oil at record high, dollar at record low
Oil hit an all-time high above $97 per barrel on fears of a supply crunch ahead, while lingering credit fears pushed the dollar down to a record low against the euro.
Oil hits record $97 on strong U.S. demand, tight OPEC supply estimate
Oil jumped more than $3 to a record high over $97 per barrel Tuesday as the U.S. government predicted robust demand and tight output from OPEC would lead to a crunch in consumer nations during the winter.
Pages
- MOST READ IN Commodities
- 1
- 2
- 3
- 4
- 5
Editor's pick
-
Image Of Thanksgiving Menu From 1899 Goes Viral: 'Most Expensive Item On Menu Is $2'
-
How A 126-Year-Old Court Ruling Will Stonewall Trump's Bid To End Birthright Citizenship, According To Experts
-
Boston Coffee Shop Goes Viral For Offering Free Coffee In Exchange For Dance Moves: 'Why Am I Crying?'
-
South Sudan Probes Shootout At Sacked Spy Chief's Home
-
Pregnant Indiana Mother 'Threw' Her Baby Daughter After She Cried, Police Say
-
Top US Securities Regulator To Exit, Clearing Way For Trump Pick
