Commodities hold steady after reports show drop in consumer confidence, rise in home pricesSeptember 30th, 2009 Commodities little moved amid mixed economic dataNEW YORK — Investors are holding back on making any big bets on commodities amid mixed signals on the economy. Prices for gold and other commodities are little changed after a private group reported a surprising drop in consumer confidence.
Gold, silver fall for 3rd straight day, even after dollar declines; oil prices rise slightlySeptember 25th, 2009 Gold, silver falter for 3rd day; oil turns higherNEW YORK — Gold and silver prices fell for a third straight day Friday, even after the dollar reversed early gains and slid lower. Oil prices rose slightly, while soft commodities were mixed.
As dollar regains some footing, commodities slide further; gold closes below $1,000September 24th, 2009 Commodities extend slide as dollar gains groundNEW YORK — Gold prices finished below the $1,000 mark for the first time in two weeks Thursday as the dollar rose against other currencies. Prices for other commodities like silver, oil and gasoline also dropped sharply, while the U.S.
Crude continues weeklong move higher, moving above $72 a barrel as dollar weakensSeptember 11th, 2009 Oil moves above $72 a barrel as dollar weakensOil prices extended their recent rise Friday as the dollar fell to a fresh low for 2009, providing a boost to crude and other commodities. Benchmark crude for October delivery was up 29 cents at $72.23 a barrel on the New York Mercantile Exchange.
Gold, other metals little changed as caution pervades market; oil prices fallAugust 26th, 2009 Gold, other metals little changed, oil prices fallNEW YORK — Gold and other metals were little changed in quiet trading Wednesday as cautious investors refrained from making big bets on commodities. Energy prices fell, while agriculture futures were mixed.
Commodities little changed as investors wait for clearer signals on the economyAugust 21st, 2009 Commodities hold steady amid mixed dataNEW YORK — Commodities were little changed Thursday after the latest batch of mixed economic data. Still uncertain about the strength of the economy's recovery, investors were hesitant to buy gold, copper, soybeans and other materials that depend on robust economic activity to drive prices higher.
Most commodities little changed as investors wait for Federal Reserve's assessment of economyAugust 11th, 2009 Most commodities steady ahead of Fed statementNEW YORK — Commodities traders didn't take any big chances Tuesday ahead of the Federal Reserve's statement on the economy, leaving prices for gold and other metals little changed. Investors are anxious to hear what the central bank has to say about the economy when it ends a two-day policy meeting Wednesday.
Commodities prices mostly fall as dollar adds to strength after rally Friday; oil, gold fallAugust 11th, 2009 Commodities prices fall as dollar extends gainsNEW YORK —Commodities mostly fell for a second day as a stronger dollar weighed on prices. Commodities are priced in dollars, so when the currency increases in value, futures become more expensive and less attractive for foreign buyers.
Commodity prices retreat as moves by European central banks boost dollarAugust 6th, 2009 Commodities retreat as dollar gains strengthNEW YORK — A commodities rally stalled Thursday as a slightly stronger dollar gave investors an excuse to cash in recent profits. The dollar rose against the euro and the British pound after central banks in Europe kept their benchmark interest rates at low levels.
Euro rises to $1.4295 in early European afternoon trading as world markets edge higherAugust 3rd, 2009 Euro at $1.4295 in European afternoon tradingFRANKFURT — The euro rose against the dollar Monday after recent reports out of the U.S. and China helped push equities and commodities higher.
Small moves in dollar give metals, grains little direction; natural gas prices tumbleJune 18th, 2009 Metals, grains hold steady while natural gas fallsNEW YORK — Prices for metals and agriculture futures were little changed Thursday, while natural gas prices dropped sharply, interrupting a three-week rally. Natural gas prices fell after the government reported a huge build in supplies — fresh evidence that the industrial sector is still hurting from the recession.
Most commodities finish higher as investors look past data suggesting inflation is in checkJune 17th, 2009 Commodities reverse early losses, move higherNEW YORK — Prices for commodities like oil and gold are reversing early losses and moving higher as the dollar comes under more pressure. Most commodities fell in the early going as the Labor Department said consumer prices rose less than expected in May, a signal that the recession is holding down prices and that demand for goods is still sluggish.
Metals, energy prices higher as dollar weakness sends investors in search of inflation hedgeJune 12th, 2009 Gold, other commodities higher as dollar wanesNEW YORK — Most commodities are higher as weakness in the dollar sends investors in search of a shelter from inflation. The dollar is lower against the euro and the British pound amid more evidence that the economy's slide is abating.
Gold, other commodities move higher, buoyed by falling dollar, rising stocksMay 8th, 2009 Gold moves higher as dollar falls, stocks rallyNEW YORK — Gold prices and other commodities are higher, buoyed by a falling dollar and an increasingly upbeat outlook on the economy. Positive news about banks' balance sheets has driven investors into stocks and other more risky assets and away from the dollar, which is considered a safe haven.
Service sector to see slower growth, says industry lobbyFebruary 14th, 2009 NEW DELHI - India's service sector could see slower growth, said a Confederation of India Industry (CII) report released here Sunday. According to CII, recent data on specific service sector activities gives a mixed picture - while there has been a sharp drop in indicators such as tourist arrivals or air freight and passenger movements, railway traffic and cellular subscriber growth have been holding up.
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