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Gold Price Futures (GC) Technical Analysis – Trading on Bearish Side of Major 50% Level at $1286.80
FX Empire - 10/22/2017 10:25:00 PM
A firmer U.S. Dollar also weighed on gold prices because it made the dollar-denominated commodity a less-attractive investment. Increased demand for higher risk assets also helped drive down demand for lower-yielding gold. Stocks were underpinned by the ...
Harvey sends nearly all commodity resin prices higher
Plastics News - 10/19/2017 11:00:00 PM
The first shock waves from Hurricane Harvey impacted North American commodity resin prices in September. The storm brought high winds, heavy rains and flooding to the Texas coast beginning on Aug. 25. Those conditions led to supply shutdowns for many ...
Oil market trends are setting the foundation for higher crude prices, Schlumberger says
CNBC - 10/20/2017 8:42:00 PM
Positive oil market trends and declining crude stockpiles are "creating the required foundation" for higher commodity prices, according to Schlumberger CEO Paal Kibsgaard. Financial discipline in the U.S. oil patch, a likely extension of OPEC-led ...
Crude Oil Prices - Weekly Outlook: October 23 - 27
investing.com - 10/22/2017 10:20:00 PM
Investing.com - Oil prices settled higher in see-saw trade on Friday, as political tensions in the Kurdistan region continued to disrupt crude supplies. Oil exports from Iraq's Kurdistan towards the Turkish port of Ceyhan were flowing at average rates of ...
Gold prices mark first gain in four sessions
Market Watch - 10/19/2017 6:11:00 PM
Gold prices had marked a third straight decline Wednesday as the ... A weaker dollar typically boosts appetite for commodities denominated in the currency, like gold, because it makes them cheaper to buyers using other currencies. Economic reports on ...
Four UK power firms call for carbon price floor extension
Reuters - 10/22/2017 11:18:00 PM
LONDON, Oct 23 (Reuters) - Four British energy companies have urged the government to extend Britain’s carbon floor price to be extended into the 2020s, putting them at odds with industrial groups who want it scrapped. UK power generators pay the floor ...
Oil Trades Above $51 as Heightened Risk Appetite Props Up Prices
Bloomberg - 10/20/2017 12:19:00 AM
“The stock market is hitting new highs. The risk-on appetite is coming back,” Michael Loewen, a commodities strategist at Scotiabank in Toronto, said by telephone. “The general rhetoric has been OPEC is going to be extending their cuts. We’ve been ...
The Steep Impact of Commodity Price Increases: Solving a $300 Million Problem
Furniture Today - 10/19/2017 8:04:00 PM
This press release is submitted and shown here in its original form, unedited by Furniture Today. CHARLOTTE, N.C. - Oct. 12, 2017 - With recent hurricanes tearing through the Southern U.S., the furniture industry has watched as raw material prices have ...
Gold Prices Rise as Dollar Weakens
The Wall Street Journal - 10/19/2017 10:44:00 PM
Gold prices inched higher Thursday ... The U.S. currency falling makes gold and other dollar-denominated commodities cheaper for foreign buyers. The...
World's biggest oil traders see widely divergent oil prices
Chron - 10/20/2017 11:01:00 AM
Growth in consumption has been stronger than expected this year, helping the recent price gain, but the speed of the expansion ... in the U.S. and further weakening of the dollar will boost commodities, he said. The market has certainly tightened up ...
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