Oil prices fell on Friday, settling lower for the week, as a stronger dollar cut global demand for U.S.-priced commodities and a slide for the stock market sullied the risk-taking mood. Meanwhile, natural-gas futures took a plunge that left them down nearly 15% for the week ” the largest such loss in nearly three years, as weather forecasts dulled prospects for demand. Oil prices had climbed Thursday as traders contemplated data showing a blip higher in monthly OPEC output even as future cuts loom, as well as a recent report of a weekly decline in U.S. crude supplies and production....

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Gold futures fell on Friday, with strength in the dollar helping to push prices for the metal down by 0.9% for the week. "Gold will continue to trade in a range of $1,200-$1,250 until the [Federal Open Market Committee] gives a better picture of [the] number of interest rate increases in 2019," said Jeff Wright, executive vice president of GoldMining Inc. The Fed will issue its statement on...

A round of weaker-than-expected Chinese economic data was spooking global investors Friday, but failed to provide a lift for gold thanks to a stronger U.S. dollar. Gold for February delivery on Comex was off $5, or 0.4%, to $1,242.40 an ounce, while March silver fell 17.5 cents, or 1.2%, to $14.68 an ounce. In other metals trade, March palladium was off $17.90, or 1.5%, to $1,172.80 an...

The recovery attempts in WTI (oil futures on NYMEX) failed once again near 52.70 levels, sending the rates back below the midpoint of the 52 handle, as the bears fight back control amid unabated broad US dollar demand and looming China slowdown concerns. The greenback extends its move higher versus its main competitors, reaching fresh monthly tops near 97.60 levels, as sentiment sours across...

Gold headed for its biggest weekly drop in five weeks, as investors weighed easing trade tensions between the U.S. and China ahead of the U.S. Federal Reserves final policy meeting of 2018 next week. China will remove the punitive duty on automobiles imported from the U.S. for three months in an effort to defuse trade tensions with the worlds biggest economy. The dollar is...

The U.S. dollar was higher on Friday, as investors turned their focus to the expected Federal Reserve rate increase next week, even as uncertainty over next years hikes kept gains in check. The U.S. dollar index, which measures the greenbacks strength against a basket of six major currencies, rose 0.5% to 97.52 as of 5:20 AM ET (10:20 GMT). The Fed meets for two days next week and is...

PRECIOUS METALS
Gold Futures Fall For The Session, Contributing To a Weekly Loss of 0.9%
Saturday, 15 December 2018 02:01 WIB Gold futures fell on Friday, with strength in the dollar helping to push prices for the metal down by 0.9% for the week. "Gold will continue to...
ENERGY
Oil Ends Lower For The Week; Natural Gas Sees Biggest Weekly Plunge Since 2016
Saturday, 15 December 2018 04:02 WIB Oil prices fell on Friday, settling lower for the week, as a stronger dollar cut global demand for U.S.-priced commodities and a slide for the stock...
CURRENCIES
U.S. Dollar Rises as Investors Look Ahead to Fed Meeting
Friday, 14 December 2018 17:30 WIB The U.S. dollar was higher on Friday, as investors turned their focus to the expected Federal Reserve rate increase next week, even as uncertainty...

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