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Gold, WTI Crude bludgeoned amid worries on China rate hike

GOLD started the week at 1394 and climbed to a record breaking high of 1424. This is the second week of new highs after gold broke through the October high of 1386.

Business

Oil ends July with worst monthly loss for WTI in a year

NEW YORK: Oil prices steadied on Friday after touching three-month lows during a week-long selloff fueled by a persistent global supply glut, bringing the monthly decline to nearly 15 percent, the biggest monthly loss in a year for U.S. crude.

Community

Gold hits record high as WTI Crude slides lower

GOLD started the week at 1246 and powered above the previous high at 1265, then settled at 1274. The metal is back on demand as a safe haven against turmoil in the global economy and financial markets.

Community

Gold makes new record high while WTI Crude surges as well

Market Fundamentals: By DAR WONG ASSOCIATES

Community

Gold trades sideways while WTI Crude snaps price decline

GOLD started last week at 1211 and traded lacklustre last Monday as US banks were on holiday.

Community

WTI Crude oil surges to make new record year-high

GOLD prices failed to sustain rallies after hitting a record high of 1447.77 the previous week.

Business

Goldman cuts WTI, Brent forecast by US$15 for 2015

TOKYO: Goldman Sachs cuts its price forecast for Brent and West Texas Intermediate by US$15 a barrel for the first quarter of 2015, saying rising production in non-OPEC countries outside North America is expected to outstrip demand.

Business

Oil hovers under US$61, WTI down as euro slips vs dollar

LONDON: Brent crude futures pared early gains on Thursday to hover just under US$61 as the euro slipped to an 11-year low against the dollar, offsetting concerns about tensions in Iraq and Libya.

Business

Oil prices struggle after WTI sinks below US$60

SINGAPORE: Oil prices sank further in Asia Friday, with analysts warning of little respite from the the selling after plunging more than 40% since June.

Business

Oil edges down but WTI set for record 10th week of gains

SINGAPORE: Oil prices edged down on Friday after rising more than 2% in the previous session, buoyed by lower U.S. crude inventories and geopolitical tension in the Middle East.