Tag Archives: commodities

Oil prices drop due to high inventories, falling demand

Despite unrest in North Africa and the Middle East, there have been economic worries and concerns about an oversupply of oil inventories. This led to oil prices trading lower on Monday, down from a four-month high last Thursday. The CFD for crude is down to $95.50 in the Europe session today, trading sideways since its decline from Thursday’s high of $96.48. Meanwhile the crude oil...

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January 21, 2013 @ 2:27 pm

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Gold prices decline amid speculation of end of Fed stimulus

Gold prices declined on Monday amid speculation of tighter monetary policy by the United States Federal Reserve. The precious metal came under pressure after Fridays’’ release of the minutes of the FOMC’s December meeting which suggested that the Fed may end stimulus measures. This means it could halt its asset purchase program which was gold-friendly, by the end of this year. Such news...

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January 7, 2013 @ 9:37 pm

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Gold climbs higher ahead of Federal Reserve meeting

Gold prices rose 0.5 percent on Monday as investors expect the U.S. Federal Reserve to announce more stimulus measures after their policy meeting on Wednesday. Despite the higher-than-expected US nonfarm payrolls report on Friday, which led gold to dip briefly, the Fed is still likely to stay accommodative and continue its bond buying program. The Fed is expected to announce more...

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December 10, 2012 @ 11:24 am

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Gold climbs higher ahead of Federal Reserve meeting

Gold prices rose 0.5 percent on Monday as investors expect the U.S. Federal Reserve to announce more stimulus measures after their policy meeting on Wednesday. Despite the higher-than-expected US nonfarm payrolls report on Friday, which led gold to dip briefly, the Fed is still likely to stay accommodative and continue its bond buying program. The Fed is expected to announce more quantitative...

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December 10, 2012 @ 11:24 am

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