Commodities Plunges On Global Demand Concerns
Commodities plunged on Thursday as the dollar gained on concerns over the strength of global economic recovery as debt problems mount in Europe.Dollar hit the highest level against the euro in more than eight months on Thursday.Debt concerns facing Greece, Portugal and Spain have resurfaced,which led....More

Gold Ended Above $1,110
Gold prices rebounded on Friday to above $1,110 an ounce.US gold futures for February delivery on the Comex division of the New York Mercantile Exchange rose $4 to settle at $1,110.80 against $1,097.80 late in New York....More

Crude Oil Jumps Above $74 on Iran-Iraq Tension
Crude oil rose on Friday after Iranian forces entered Iraqi territory,heightening tensions in West Asia.Iraq's Deputy Foreign Minister Mohammed Haj Mahmoud said Iranian soldiers surrounded a well in the al-Fakkah oil field, only 200 miles southeast of....More

Gold tumbles $50 As Dollar Rallies On Jobs Data
Gold futures tumbled on Friday to settled below $1,170 an ounce after stronger than expected jobs data sent the US dollar higher.Dollar gained on the back of jobs data which showed that the US unemployment rate fell in November to 10 percent....More

Crude Oil Settles Below $76 On Job Data
Crude oil futures ended lower on Friday as better than expected unemployment data led crude oil for January delivery down 99 cents, down 1.3 percent, to settle at 75.47 dollars a barrel on the New York Mercantile Exchange.Brent Crude was down 62 cents, to $77.74 a barrel.Dollar rebounded on the Unemployment news.As the dollar crept ....More

Crude Oil Below $69 As Equities Decline
Crude oil futures ended lower on Tuesday as Wall Street declined on economic concers led crude oil for October delivery down 1.91 dollars, down 2.7 percent, to settle at 68.05 dollars a barrel on the New York Mercantile Exchange.Brent Crude for October delivery was down 1.92 dollars, to 67.73 dollars a barrel....More

Crude Oil Settles Above $72
Crude oil futures gained higher on Thursday by gaining 0.2 percent,12 cents at $72.54 a barrel on the New York Mercantile Exchange.London Brent crude was down 1.7 percent down $1.26 to settle at $73.33.September gasoline futures settle at $2.03 a gallon, while heating oil settle at $1.91 a gallon.Natural gas....More

Crude Oil prices Rebounded as Equities Advance
Oil prices rebounded on Tuesday as global markets gained.Crude Oil prices gained more than 3 percent to settle above $69 on Tuesday.Crude Oil prices for September delivery gained 3.6 percent up $2.44 to settle at $69.19 a barrel on the New York mercantile Exchange.London Brent crude for October ....More

Crude Oil Settles below $68
Crude Oil prices fell to a two weeks low on Friday after a report showed that U.S. consumer confidence unexpectedly declined in August.Crude Oil dropped 4.3 percent while dollar gained against euro,stronger dollar made dollar priced oil more expensive.Crude oil futuures for September....More

Gold Ended Lower As Confidence Weakens
Gold futures ended lower on Friday as crude oil prices ended lower and the dollar strengthened after a report showed that U.S. consumer confidence unexpectedly declined in August.Dollar gained against major currencies limiting gold's attractiveness as an alternative investment.On the Comex....More

Copper prices Ended Lower
Copper prices ended lower on Friday mainly due to heavy profit taking as the drop in consumer confidence raised questions over the state of US economy.Copper hit a fresh ten-and-half-month high on Friday amid confidence by the economic growth in Europe and as the federal reserve said that....More

Oil Settles Below $60
Oil prices stayed below $60 a barrel on Monday as the market remained focused on a gloomy economic outlook.Crude for August delivery fell 20 cents to settle at $59.69 a barrel on the New York Mercantile Exchange....More

Crude Oil Above $65,Gold Up 2 percent
Crude Oil for July delivery rose up $1.63 to $65.08 a barrel, the highest settlement since Nov. 5, after hitting an intraday high of $65.44 as OPEC decided to leave output unchanged and government data showed a higher drop in U.S. crude inventories than expected.London Brent crude rose $1.89....More