Gold – Gold rose 0.1 percent or $1.30 to $1,303.60 an ounce on Wednesday, according to Reuters. While the metal is still feeling the pressure of factors such as slowing demand, the situation in Ukraine has increased investor appetite for a low-risk commodity.
Articles Tagged "ukraine"
Gas – Deutsche Welle reported that Germany's Essen based RWE (ETR:RWE) has begun supplying gas to the Ukraine. According to Deutsche-Welle, RWE signed a contract for natural gas deliveries with Kyiv in 2012, but has not yet specified the price Ukraine will pay for the gas.
Oil – Reuters reported today that U.S. Benchmark Brent crude oil prices increased to their highest on almost six weeks on expanding sanctions against Russia over issues in Ukraine. However, the price rise was halted with news of the first oil tanker being reloaded on Tuesday at Libya's Hariga port after a month long closure.
Silver – Today, silver rose 0.1 percent, or $0.02, to $19.57 per ounce.
Palladium – Bloomberg reported today that palladium prices rose to their highest level since 2011 in New York.
Gold – Gold rose 0.3 percent or $3.96 to trade at $1,322 an ounce on Monday, according to Reuters. Tensions in Ukraine continue to grow, as the country told pro-Russian separatists to disarm by Monday morning or face an anti-terrorist operation.
Gold, copper and crude oil are faring well today, but silver is down slightly.
Gold – Gold looks like it could be off to a bullish end to the week.
Gas – Businessweek reported that Russian leader Vladimir Putin is looking to sign a deal to supply pipeline gas to China for the next 30 years. The deal would take place next month, and has become more likely in light of the recent Ukraine crisis, according to the publication.
Gas – Bloomberg reported today that Ukraine is reacting to natural gas price “aggression” from Russia by rejecting higher costs for the energy source.