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Commodities

Oil below $87 as US fiscal concerns drag on
The price of oil hovered below $87 a barrel Monday as uncertainty over a deal on the U.S. budget overshadowed expectations of economic stimulus in Japan and China.
Gold falls in line with stocks
Gold prices fell more than 1 percent in Europe on Thursday, failing to sustain gains made after the Federal Reserve unveiled a fresh round of bond purchases, as investors switched their focus to the prospect of an approaching U.S. fiscal crisis.
Oil prices firm before OPEC decision, Fed rate call
World oil prices rose on Tuesday as investors awaited an OPEC output decision and the outcome of Federal Reserve’s latest interest rate meeting, analysts said.
Gold steady as investors await Fed meeting outcome
Gold was little changed on Wednesday ahead of the outcome of a U.S. Federal Reserve policy meeting that investors hope will unveil more bond buying measures, supporting bullion’s appeal as a hedge against inflation.
Gold firms on expectations of US monetary stimulus
Gold prices firmed for a third session on Monday on expectations the Federal Reserve will further stimulate monetary policy when it meets later this week, and as the dollar edged lower versus the euro.
Gold slips as European growth outlook hurts euro, stocks
LONDON - Gold prices eased back below $1,700 an ounce in Europe on Friday as stocks and the euro retreated, but trading was cautious ahead of a U.S. employment report due later, which is closely watched for its implications for U.S. monetary policy.
Gold steadies near one-month low ahead of ECB decision
LONDON - Gold prices steadied above $1,690 an ounce on Thursday, as buyers took to the sidelines ahead of a European Central Bank policy announcement, and on uncertainty over negotiations to avert a U.S. fiscal crisis.
Copper notches fresh high on China hopes
Copper crept higher on Wednesday, notching another multi-week peak after signs that China’s economic recovery was on track, but some analysts were wary due to scant evidence that underlying metals demand was improving.
Gold climbs above $1,700/oz as stocks rise
Gold climbed back above $1,700 an ounce on Wednesday as stock markets firmed and a dip in prices to one-month lows tempted some buyers back to the market, with confidence in the metal bolstered by a 14-tonne gold purchase by South Korea.
Gold drops to one-month low below $1,700/oz
Gold fell to its lowest in nearly a month on Tuesday on technically driven selling after prices broke below key support levels, with oil prices also drifting lower as investors worried about stalled U.S. budget talks.
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