Posts Tagged ‘silver’
Gold and Oil News - February 8, 2012 23:55
Gold Futures Gain on Greece’s Development
Gold futures ended higher Tuesday in reaction to positive signs over Greece’s bailout package. Gold futures contract for April delivery surged 1.4 percent or $23.50 to settle at $1,748.40 per ounce on the Comex division of the New York Mercantile Exchange. Moreover, US Federal Reserve’s Chairman Ben Bernanke indicated for further monetary easing in his […]
NYMEX Trading: Crude Oil Post Slight Gains while Gold ends Lower
Crude oil futures slightly gained on Friday after a volatile session on Friday. Analysts attributed rising US dollar as the reason for pressure on commodities. The dollar index DXY which measures the greenback’s performance against its six major rival currencies gained to 79.607 on Friday as compared to 79.099 on Wednesday’s North American trading session. […]
Oil Prices Rise After A Slowdown in Output Is Shown
The price of Crude Oil futures rose by a whopping 4.5% on Wednesday after the reported inventory data showed that output fell by 5.2 million barrels during the previous week. This ended a short two days of losses on oil prices. September Crude Oil futures ended the day at $82.89 at Nymex, whilst Brent Crude […]
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