Gold edges higher on Libya unrest concerns
Gold futures on the COMEX Division of the New York Mercantile Exchange edged higher on Monday, as growing unrest in Libya continued to boost demands for safe-haven investment.
Articles Tagged "rise"
Crude oil headed for $71.55 a barrel
Crude Investing News reports crude oil did well for about 4 days and fell on Tuesday. Crude oil for June delivery declined as much as 77 cents, or 1.4 per cent, to $53.70 a barrel in electronic trading on the New York Mercantile Exchange. Oil is up 21 per cent this year. After nose-diving from [...]
Benchmark: Things fall apart?
Crude Investing News reports instability in the financial markets causing crude prices to fall and the American Elections underway. Along with OPEC production cuts and healthy company numbers, (both discussed below) the market is clearly disjointed. The tenor of discussions in the business pages and networks lately suggests that Yeats was right, and the centre cannot [...]
South Parse: October 15
Gas Investing News reports natural gas futures is within a range of $7.25-$7.50 which is good news for investors since winter is approaching. Structural factors suggest that natural gas will become dearer in winter, especially if the current low prices have a significant effect on high-cost or marginal production. This seems to be the rationale for the rise in [...]
