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POPULAR NEWS
Gold back at 4-month high, gaining for 5th day

Gold futures notched a fifth session gain and another four-month high on Wednesday, with the dollar-denominated yellow metal getting a boost as the U.S. dollar failed to see much of a bounce back from recent lows. Prices for the yellow metal eased back a bit from the settlement shortly after the release of the Federal Reserve™s Beige Book. February gold rose $2.10, or nearly 0.2%, to settle at $1,339.20 an ounce”the highest since Sept. 8. Gold last week tallied a fifth week of...

Gold Pulls Back From 4-Month Highs as Dollar Steadies

Gold futures pulled back on Wednesday from their highest finish in four months, as a bruised U.S. dollar index stabilized. February gold fell $1.40, or 0.1%, at $1,335.60 an ounce. Tuesday™s settlement at $1,337.10 was the highest since early in September. Gold last week tallied a fifth week of consecutive gains, the longest such stretch since April. Month to date, the metal has climbed roughly 2%. The exchange-traded SPDR Gold Shares and the VanEck Vectors Gold Miners ETF both slipped in...

Gold Declines as Stocks Rally; Govt Shutdown Risk Ebbs

Gold drops for third day as U.S. equities continue to shine amid optimism for global growth, while the threat of U.S. government shutdown abates, removing some risk from markets. Bullion for immediate delivery -0.1% to $1,324.97/oz by 9:48am in Singapore, according to Bloomberg generic pricing. Metal -1% in last two days after touching four-month high on Monday. In other precious metals, Silver -0.1% to $16.9815/oz. Source : Bloomberg

Oil prices pare losses as EIA reports a 6.9 million-barrel drop in U.S. crude supplies

Oil prices pared their earlier declines Thursday after the U.S. Energy Information Administration reported that domestic crude supplies dropped 6.9 million barrels for the week ended Jan. 12. Analysts surveyed by S&P Global Platts had forecast a fall of 425,000 barrels, while the American Petroleum Institute on Wednesday reported a drop of 5.1 million barrels. Gasoline stockpiles climbed by 3.6 million barrels for the week, while distillate stockpiles declined by 3.9 million barrels,...

Nikkei Drops; Mining, Oil and Shipping Stocks Lose Ground, Bitcoin Shares Tumble

Japan™s Nikkei share average dropped on Wednesday morning as mining, oil and shipping stocks lost ground, while Bitcoin-related stocks tumbled after the cryptocurrency™s value slid on worries about tighter regulations. The Nikkei dropped 0.5 percent to 23,823.95 in midmorning trade. The broader Topix dropped 0.2 percent to 1,890.88. The mining, oil and shipping sectors underperformed, losing their recent strength by falling 2.2 percent, 1.9 percent and 1.4 percent, respectively. Inpex...

Oil Holds Loss as Iraq Seeks to Revive Output From Kirkuk Fields
Friday, 20 October 2017 08:27 WIB | COMMODITY |Minyak WTICadangan Minyak Mentah AS

Oil held losses as Iraq sought to revive output from fields in the country™s northern Kurdish regions and as U.S. fuel inventories increased.

Futures added 0.2 percent in New York after dropping 1.4 percent Thursday. Iraq engineers worked to replace equipment missing from oil fields in the disputed Kirkuk province that government troops recaptured this week from Kurdish forces, a person with knowledge of the situation said. U.S. gasoline stockpiles rose for a fourth week while supplies of distillates expanded for the first time since August, the Energy Information Administration said Wednesday.

West Texas Intermediate crude for November delivery, which expires Friday, rose 12 cents to $51.41 a barrel on the New York Mercantile Exchange. Total volume traded was about 86 percent below the 100-day average. The contract fell 75 cents to settle at $51.29 Thursday. The more-actively traded Decembercontract added 11 cents to $51.62 as of 9:15 a.m. in Tokyo.

Source: Bloomberg

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POPULAR NEWS
Gold back at 4-month high, gaining for 5th day

Gold futures notched a fifth session gain and another four-month high on Wednesday, with the dollar-denominated yellow metal getting a boost as the U.S. dollar failed to see much of a bounce back from recent lows. Prices for the yellow metal eased back a bit from the settlement shortly after the release of the Federal Reserve™s Beige Book. February gold rose $2.10, or nearly 0.2%, to settle at $1,339.20 an ounce”the highest since Sept. 8. Gold last week tallied a fifth week of...

Gold Pulls Back From 4-Month Highs as Dollar Steadies

Gold futures pulled back on Wednesday from their highest finish in four months, as a bruised U.S. dollar index stabilized. February gold fell $1.40, or 0.1%, at $1,335.60 an ounce. Tuesday™s settlement at $1,337.10 was the highest since early in September. Gold last week tallied a fifth week of consecutive gains, the longest such stretch since April. Month to date, the metal has climbed roughly 2%. The exchange-traded SPDR Gold Shares and the VanEck Vectors Gold Miners ETF both slipped in...

Gold Declines as Stocks Rally; Govt Shutdown Risk Ebbs

Gold drops for third day as U.S. equities continue to shine amid optimism for global growth, while the threat of U.S. government shutdown abates, removing some risk from markets. Bullion for immediate delivery -0.1% to $1,324.97/oz by 9:48am in Singapore, according to Bloomberg generic pricing. Metal -1% in last two days after touching four-month high on Monday. In other precious metals, Silver -0.1% to $16.9815/oz. Source : Bloomberg

Oil prices pare losses as EIA reports a 6.9 million-barrel drop in U.S. crude supplies

Oil prices pared their earlier declines Thursday after the U.S. Energy Information Administration reported that domestic crude supplies dropped 6.9 million barrels for the week ended Jan. 12. Analysts surveyed by S&P Global Platts had forecast a fall of 425,000 barrels, while the American Petroleum Institute on Wednesday reported a drop of 5.1 million barrels. Gasoline stockpiles climbed by 3.6 million barrels for the week, while distillate stockpiles declined by 3.9 million barrels,...

Nikkei Drops; Mining, Oil and Shipping Stocks Lose Ground, Bitcoin Shares Tumble

Japan™s Nikkei share average dropped on Wednesday morning as mining, oil and shipping stocks lost ground, while Bitcoin-related stocks tumbled after the cryptocurrency™s value slid on worries about tighter regulations. The Nikkei dropped 0.5 percent to 23,823.95 in midmorning trade. The broader Topix dropped 0.2 percent to 1,890.88. The mining, oil and shipping sectors underperformed, losing their recent strength by falling 2.2 percent, 1.9 percent and 1.4 percent, respectively. Inpex...

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