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By Mark O'Byrne | May 8, 2015
By Phil Flynn | May 8, 2015
Profit taking continued in the crude oil market as U.S. demand seemed to slow and a surging U.S. dollar shook out some longs in oil.
By Mark O'Byrne | May 7, 2015
Gold and silver saw small price gains yesterday of 0.1% and 0.24% to $1,191.970 and $16.50 per ounce respectively.
By Tory Enerson | May 7, 2015
The drawdown in Energy Information Administration (EIA) inventories yesterday further fueled the strong WTI contract to better than $62 before the sliding equity markets and the weak dollar pulled it back down.
By Mark O'Byrne | May 6, 2015
China is testing a system with a yuan gold fix at the SGEX, bringing the Shanghai Exchange one step closer to being the world's major gold hub.
By Kelly Smith | May 6, 2015
By Carl Larry | May 6, 2015
By Tory Enerson | May 6, 2015
API data released yesterday afternoon showed a draw in crude oil inventories to the tune of -1.5 million barrels.
By Nadia Simmons | May 5, 2015
Although crude oil hit a fresh 2015 high on Friday, an increase in Iraq’s export levels and a stronger greenback weighed on investors’ sentiment and pushed the commodity lower.