Posts Tagged ‘commodities’

Gold declines as Dollar strengthened

Gold declines as Dollar strengthened
Financeroll - Gold fell for the first day in four in New York as a stronger dollar curbed demand for alternative assets. The euro slumped to the lowest since September against the U.S. dollar after Greek Prime Minister Lucas Papademos warned his country may face economic collapse as soon as March. ...
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Oil steady around $113.80 barrel

Oil steady around $113.80 barrel
Financeroll - Oil was steady at around $113.80 a barrel on Thursday as geopolitical tensions kept a floor under prices, following a European Union agreement to stop importing Iranian crude, but a stronger dollar capped gains. Brent crude futures were up 4 cents to $113.74 at 1212 GMT, giving up ...
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Oil edged lower on strong dollar

Oil edged lower on strong dollar
Financeroll - Oil edged lower to around $113.40 a barrel on Thursday as a stronger dollar offset fears of supply disruptions to Iranian crude should a European Union agreement to cut off oil imports from the No. 2 OPEC producer come into force. Brent crude futures were off 37 ...
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Copper futures add to losses after French debt sale

Copper futures add to losses after French debt sale
Financeroll - Copper futures fell to a one-week low on Thursday, adding to losses amid ongoing fears over the euro zone’s debt crisis following a disappointing auction of French government debt. On the Comex division of the New York Mercantile Exchange, copper futures for March delivery ...
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Brent rises as Iran offsets EU crisis

Brent rises as Iran offsets EU crisis
Financeroll - Brent crude rose toward $114 a barrel on Thursday as fears of an Iranian supply disruption mounted after the European Union agreed to cut off oil imports from the No. 2 OPEC producer, offsetting jitters over the euro zone crisis. Escalating tensions between Iran and the ...
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Gold regains safe haven status

Gold regains safe haven status
Financeroll - Gold futures rallied for a fourth day on Thursday, climbing to a two-week high as investors moved back in to the precious metal amid mounting fears over the debt crisis in the euro zone as well escalating geopolitical tensions between Iran and the West. On the Comex division ...
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Oil trades near eight month high

Oil trades near eight month high
Financeroll - Oil traded near the highest in almost eight months as speculation that sanctions against Iran will curb crude supplies countered concern that Europe’s debt crisis will worsen and slow demand. Futures swung between gains and losses after a two-day, 4.4 percent increase. French Foreign Minister Alain ...
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Gold dropped after Italy auction

Gold dropped after Italy auction
Financeroll - Gold dropped to its lowest in almost 6-months on Thursday as the euro fell against the dollar after an Italian bond auction saw yields at an unsustainable level and renewed euro zone fears and credit tightness worries. Echoing the weakness in gold, spot platinum fell more than 3 percent ...
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Oil falls as dollar stronger

Oil falls as dollar stronger
Financeroll - Oil dropped below $107 a barrel on Thursday as a stronger dollar and a rise in U.S. jobless claims countered Iranian threats to shut a vital oil trade route. The euro fell to its lowest since September 2010 versus the dollar on Thursday as yields at an ...
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Gold plunged through key support level after Italian debt sale

Gold plunged through key support level after Italian debt sale
Financeroll - Gold futures plunged through key support levels on Thursday, dropping to the lowest level since early-July with moves amplified in poor year-end liquidity after an auction of long-term Italian government debt failed to ease concerns over the fiscal health of the euro zone’s third ...
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