Newspaper publishing
As the global economy continues to grapple with uncertainties, gold prices are expected to rise to $1,400 over the next two years, according to Aurizon Mines Ltd. This prediction comes as gold miners such as AngloGold Ashanti Ltd. report increased production and earnings, despite booking a loss for the
Newspaper publishing
As the meat industry continues to navigate through a changing landscape of supply and demand, major players such as Tyson Foods Inc. and McDonald's Corp. are reporting significant strides in their respective sectors. Despite concerns over climbing chicken supplies, Tyson President and Chief Executive Donnie Smith is confident
Newspaper publishing
Gold futures rose for a seventh consecutive day on August 5, 2010, as investors sought refuge assets due to weakness in other markets. The gold contract for December delivery settled at $1,199.30 an ounce, up $3.40 from the previous day. The rally in gold prices was attributed
Newspaper publishing
Concerns over the US economy and China's property sector contributed to a decline in copper prices, with the most actively traded copper contract for September delivery dropping 5.1 cents, or 1.5%, to $3.3535 a pound on the Comex division of the New York Mercantile Exchange.
Newspaper publishing
Copper futures are sharply higher on Wednesday as company earnings and strong economic growth foster a more positive outlook for the metal's demand. The world's largest publicly traded copper producer, Freeport-McMoRan Copper & Gold Inc., reported a significant increase in second-quarter profit that exceeded analysts'
Newspaper publishing
Crude oil futures are trading lower on Tuesday, containing concerns about economic growth. Despite a push higher on Monday, equities markets are expected to open lower, and housing data has shown a drop in new construction. This has led to concerns about future energy demand, causing crude prices to remain
Newspaper publishing
Gold futures rallied on July 13, 2010, in tandem with other commodities, as improving economic sentiment and upbeat corporate earnings results boosted investor optimism. The most actively traded gold contract for August delivery settled at $1,213.50 an ounce, a $14.80 increase, or 1.2%, on the Comex
Newspaper publishing
A firm equity market and gains in other commodities like gold and crude oil have sparked speculative buying interest in copper futures, with prices rising 0.54% to $3.0250 per pound on the Comex division of the New York Mercantile Exchange. Traders are keeping a close eye on the
Newspaper publishing
Market sentiment remained cautious on Friday as investors awaited earnings season, which is set to begin next week. Analyst Meredith Whitney's reduced earnings estimates for Goldman Sachs Group Inc. and Morgan Stanley added to the unease. The Dow Jones industrial average, S&P 500 Index, and Nasdaq
Newspaper publishing
As the world economy teeters on the brink of a double-dip recession, oil prices have been falling for the sixth straight session, with light, sweet crude for August delivery settling at $71.98 a barrel on the New York Mercantile Exchange. The market's optimism about a robust recovery
Newspaper publishing
Despite a mixed jobs report from the US, which showed the jobless rate unexpectedly edged down to 9.5% in June but nonfarm payrolls fell by a more-than-expected 125,000, gold futures have turned slightly positive. The most-actively traded contract, for August delivery, was recently up 50 cents at $1,
Newspaper publishing
Copper futures continued their upward trend despite a disappointing U.S. jobs report and declines in factory orders, as investors took advantage of the weakened U.S. dollar and bought back previously sold positions. The most-actively traded contract for September delivery rose 3.9 cents, or 1.4%, to settle
