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Gold eases off two-week high as U.S. dollar firms

Article content * Speculators reduced their net long positions in COMEX gold in the week ended June 29 and raised their net long positions in silver, data from the U.S. Commodity Futures Trading Commission showed. * Gold in India last week was being sold at a premium for the first time in more than two months as demand gained traction after curbs to combat the second wave of the coronavirus were slightly relaxed. * Silver fell 0.2% to $26.40 per ounce, palladium gained 0.3% to $2,793.19 and pla...
United States Brijesh Patel Subhranshu Sahu Us Commodity Futures Trading Commission Postmedia Network Inc Federal Reserve

PRECIOUS-Gold eases off two-week high as U.S. dollar firms

By Reuters Staff 2 Min Read July 5 (Reuters) - Gold prices edged lower on Monday after hitting a two-week high in the previous session, weighed down by a slight uptick in the dollar, while investors awaited more U.S. economic data for clues on the Federal Reserveโ€™s monetary policy plans. FUNDAMENTALS * Spot gold was down 0.1% to $1,785.41 per ounce by 0037 GMT, after hitting its highest since June 18 at $1,794.86 on Friday. U.S. gold futures rose 0.1% to $1,785.20. * The dollar ticked up 0.1%...
United States Brijesh Patel Subhranshu Sahu Thomson Reuters Trust Principles Us Commodity Futures Trading Commission Federal Reserve

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GRAINS-Corn rebounds on U.S. weather concerns, soyoil hits 10-year high

6/2/2021 SINGAPORE, June 3 (Reuters) - Chicago corn futures gained more than 1% on Thursday, recouping some of the previous sessions losses, with concerns over dry U.S. weather and strong demand underpinning prices. Soybean oil rose to a 10-year high on worries over global edible oil supplies, while soybeans climbed for a third consecutive session. FUNDAMENTALS * The most-active corn contract on the Chicago Board of Trade (CBOT) rose 1.3% to $6.83-1/2 a bushel, as of 0043 GMT, after dropping 2%...
United Kingdom Chicago Board Of Trade United States Naveen Thukral Germany Markit Services China Caixin Services

PRECIOUS-Gold flat as Yellen's comments on rates counter muted dollar

PRECIOUS-Gold flat as Yellens comments on rates counter muted dollar Reuters 2 hrs ago May 5 (Reuters) - Gold prices were flat on Wednesday, as concerns over possibility of higher U.S. interest rates countered a subdued dollar, while palladium held firm after scaling a record high in the previous session. FUNDAMENTALS * Spot gold was unchanged at $1,778.53 per ounce by 0137 GMT, after falling over 1% in the previous session. * U.S. gold futures rose 0.2% to $1,779.00 per o...
Western Australia Janet Yellen Krishna Chandra Eluri Shreyansi Singh Joe Biden Germany Markit Services
Source: msn.com

METALS-Copper surpasses $10,000/T on global economic recovery hope

By Reuters Staff 2 Min Read HANOI, May 5 (Reuters) - Copper prices rose past a key psychological level of $10,000 a tonne on Wednesday, buoyed by optimism about global economic recovery, but trading volume was tepid due to China market holidays. Three-month copper on the London Metal Exchange rose as much as 0.6% to $10,030, its highest level since February 2011 when the contract hit its record high of $10,190 a tonne. Aluminium advanced 0.5% to $2,441 a tonne at 0338 GMT, nickel increased 1.2%...
Han I Republic Of United Kingdom City Of Janet Yellen Mai Nguyen

PRECIOUS-Gold eases from 2-week high as economic recovery hopes grow

PRECIOUS-Gold eases from 2-week high as economic recovery hopes grow Reuters 1 hr ago April 7 (Reuters) - Gold prices inched lower on Wednesday, retreating from a two-week high hit in the previous session, as a raft of strong U.S. data boosted hopes of a quick economic recovery. FUNDAMENTALS * Spot gold was down 0.2% to $1,739.46 per ounce by 0127 GMT. Gold futures slipped 0.1% to $1,740.90 per ounce. * Bullion prices had jumped on Tuesday to their highest since March 25 at $...
Western Australia United Kingdom Subhranshu Sahu Diptendu Lahiri International Monetary Fund Us International Trade Feb
Source: msn.com

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