Dow Jones & Company Inc.
On January 21, 2009, gold futures saw a softer close despite being mostly sideways during the day on the Comex division of the New York Mercantile Exchange. The February gold contract fell $5.10 to $850.10 an ounce. Some analysts attributed the selling to the metal's inability
Dow Jones & Company Inc.
Gold futures are expected to open trading in New York around $11 an ounce higher Tuesday, driven by buying activity from banks and funds, despite a stronger dollar and weaker crude oil prices. The rise in gold prices comes as investors seek safe-haven assets amid concerns about the financial sector.
Dow Jones & Company Inc.
Soybean futures plummeted Monday on the Chicago Board of Trade, with the March contract falling 70 cents to $9.66 and its daily trading limit. The decline was attributed to the U.S. Department of Agriculture's report on higher-than-expected supply and lower usage, contradicting expectations of lower production
Dow Jones & Company Inc.
New York commodity markets are preparing for a potential downtrend on Monday as March copper futures are expected to open around 9 cents lower. The decline is attributed to a combination of factors, including the waning New Year buying boost, lower equities, and a stronger dollar. This comes after a
Dow Jones & Company Inc.
Copper futures ended the day near steady as a stronger dollar and weakening gold prices offset support from talk of infrastructure building in the United States. The Comex division of the New York Mercantile Exchange saw March copper rise 0.2 cent to settle at $1.4590 a pound. Analysts
Dow Jones & Company Inc.
Gold futures are expected to open around $25 an ounce lower Monday in New York, while March silver is expected to drop by about 50 cents. The decline in spot gold prices is attributed to a weaker euro against the U.S. dollar, with the euro trading at $1.3563
Dow Jones & Company Inc.
Copper futures are expected to open trading unchanged on Monday, amidst a holiday season marked by limited trading activity from major participants. The electronic activity ahead of the pit session suggests that copper and other base metals have largely drifted in London trading, influenced by small traders and speculators. Meanwhile,
Dow Jones & Company Inc.
Global aluminum inventories declined in November to 2.928 million metric tons, a 33,000-ton decrease from the previous month, as reported by the International Aluminum Institute. Meanwhile, base metals on the London Metal Exchange were mixed, influenced by a weaker U.S. dollar and concerns over slowing global economic
Dow Jones & Company Inc.
Copper prices continued their downtrend on Monday, Dec 31, 2007, as the metal struggled with concerns over the housing market and a strengthening U.S. dollar. The most-active March copper contract fell 3.1 cents to settle at $3.0410 per pound on the Comex division of the New York
Dow Jones & Company Inc.
Ahead of the New Year celebrations, the gold market is anticipating a lower opening in New York trading, with February gold futures expected to start the session around $2 lower at $840.20 an ounce. The February futures on the Chicago Board of Trade were down $2.40 to $840.
