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By Anthony Lazzara |
May 1, 2013
Crude oil, following a much larger than expected supply report, is trading down more than $3 to just above $90. We could see crude heading down to the low $80s.
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By Austin Kiddle |
April 26, 2013
U.S. Comex gold futures surged 4.76 % to $1,462.0 on Thursday, about 6.6 % below the closing level of 11 April before the rout occurred.
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By Shobhana Chandra, Bloomberg |
April 3, 2013
Service industries in the U.S. expanded in March at the slowest pace in seven months as new orders and employment cooled.
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By Glenys Sim, Bloomberg |
February 26, 2013
The cycle for gold prices, which climbed for 12 straight years, has probably turned as the recovery in the U.S. economy gathers momentum and investment holdings collapse, according to Goldman Sachs Group Inc..
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By Austin Kiddle |
February 22, 2013
The release of the January FOMC minutes on Wednesday brought about gold selling. The market particularly focused on the governors' discussions of the risks and costs due to additional asset purchases.
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By Shobhana Chandra, Bloomberg |
February 1, 2013
Manufacturing in the U.S. expanded more than forecast in January, reaching a nine-month high and showing the industry is starting to improve.
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By Alex Kowalski, Bloomberg |
January 4, 2013
Service industries in the U.S. expanded in December at the fastest pace in 10 months, helping spur the world’s largest economy at the end of 2012.
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By Shobhana Chandra, Bloomberg |
January 2, 2013
Manufacturing in the U.S. expanded in December at a pace that shows the industry is stabilizing after reaching a three-year low a month earlier.
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By Austin Kiddle |
January 2, 2013
Analysts are split on the outlook for gold price this year. Based on the World Gold Council's data, overall gold demand in the first three quarters in 2012 fell about 8% year-on-year.
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By Alanna Byrne |
December 20, 2012
On the heels of Wednesday’s news that housing starts took a slight dip in November comes the report that existing home sales rose in all regions last month.
