Commodity Markets

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Silver supply crisis looms

Stockhouse yesterday

Solar is just one of the applications where growth in silver demand is expected I have spent a considerable amount of time discussing how a supply crunch is looming in the gold market. With retail investment demand soaring, and central banks switching ...

Summary Box: Gold retreats as euro concerns ease

AP News yesterday

Summary Box: Gold falls on easing currency concerns; Oil drops on mixed economic reports GOLD DROPS: Gold prices continued to fall as concerns about the euro have eased. It's down nearly 4 percent in less than two weeks. OIL DOES TOO: Oil ...

Agriculture futures tarde mixed on the CBOT

AP News yesterday

Agriculture futures mixed on the Chicago Board of Trade; beef futures climb, pork trades mixed Agriculture futures were mixed Friday on the Chicago Board of Trade. Wheat for May delivery climbed 6.5 cents to $4.8525 a bushel, while May corn fell 1 ...

Oil settles near $81 after mixed economic news

AP News yesterday

Oil slides as mixed economic data and China reports put brakes on rising prices Oil prices ended the week lower following mixed economic reports that kept investors on edge about the outlook for improving energy demand. On Friday benchmark crude for April ...

Sector Snap: Airline stocks mixed

AP News 2 days ago

Airline stocks mixed as oil prices climb above $82 a barrel Airline stocks, which rallied strongly earlier this week, were mixed in Friday trading as oil prices surged, raising the prospect of higher costs for jet fuel. The Amex airline index was ...

Oil prices climb towards $83 on upbeat IEA report

AFP Global Edition 2 days ago

World oil prices rose toward 83 dollars a barrel on Friday as the International Energy Agency reported strong growth in world energy demand, led by China. New York's main contract, light sweet crude for April delivery, added 31 cents to 82.42 dollars ...

Oil prices near $83 on upbeat IEA report

AFP Global Edition 2 days ago

Oil rose close to 83 dollars a barrel on Friday as the International Energy Agency reported unexpectedly strong growth in world energy demand, led by China. New York's main contract, light sweet crude for April delivery, added 49 cents to 82.60 dollars ...

What China wants more than physical gold

Stockhouse 2 days ago

Could have its sights on buying gold mines abroad "A few factors limit our ability to increase [our] investment in gold," China's Chief foreign exchange regulator Yi Gang said in a speech this week. Investors have long speculated China will start buying ...

Competition for the IMF's gold?

Stockhouse 2 days ago

Isn’t a far-fetched idea On February 24, Reuters reported that the Reserve Bank of India was “set to be a buyer” of the 191.3 tonnes (6.74 million ounces) of gold the IMF is selling. Although the bank wouldn’t comment directly on the ...

Oil prices mixed in holding pattern

AFP Global Edition 2 days ago

Oil prices traded narrowly mixed Thursday as the market weighed prospects for global economic recovery ahead of an OPEC meeting next week. New York's main contract, light sweet crude for April delivery, inched up two cents to close at 82.11 dollars a ...

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