Category: Gold and Commodities

Closing Prices for Crude Oil, Gold and Other Commodities (Nov. 15)

Benchmark U.S. crude oil for December delivery rose $1.05 to $86.92 a barrel Tuesday. Brent crude for January delivery rose 72 cents to $93.86 a barrel. Wholesale gasoline for December delivery fell 1 cent to $2.52 a gallon. December heating oil rose 10 cents to $3.64 a gallon. December natural gas rose 10 cents to…


Oil Falls by Over $1 a Barrel on Chinese Demand Concerns

LONDON—Oil prices fell by more than $1 a barrel on Tuesday as rising COVID-19 cases in China renewed fears of lower fuel consumption from the world’s top crude importer. Brent crude futures fell $1.07, or 1.15 percent, to $92.07 a barrel by 1005 GMT after settling 3 percent lower on Monday. U.S. West Texas Intermediate…


Global Stocks Higher After US, Chinese Presidents Meet

BEIJING—Global stocks gained Tuesday after Wall Street gave back some of last week’s huge gains, the American and Chinese presidents met and China’s consumer spending shrank in a sign its economy is weakening. Frankfurt, Shanghai, Tokyo, and Hong Kong advanced, London was little changed while oil prices declined. Wall Street futures were higher, suggesting the…


ESG Endangering America’s Farms and Your Food: State Treasurers

The latest threat to farming can be identified in three familiar letters. State treasurers at the State Financial Officers Foundation (SFOF) told The Epoch Times on Nov. 14 that the United States’ agricultural base could be jeopardized by the top-down push for environmental, social, and corporate governance (ESG) scoring. “It’s a real threat,” Nebraska State…


Closing Prices for Crude Oil, Gold and Other Commodities (Nov. 14)

Benchmark U.S. crude oil for December delivery fell $3.09 to $85.87 a barrel Monday. Brent crude for January delivery fell $2.85 to $93.14 a barrel. Wholesale gasoline for December delivery fell 8 cents to $2.53 a gallon. December heating oil fell 2 cents to $3.54 a gallon. December natural gas rose 5 cents to $5.93…


Gold Bar Serial Number Check: What You Should Know

If you invest in precious metals like gold, you must know that you’re purchasing a genuine and authentic product. Fortunately, a simple way to verify whether you are about to buy real or fake gold bullion is by checking each gold bar’s serial number. Why Do Gold Bars Have a Serial Number? The law states…


OPEC Cuts Oil Demand Growth Forecast Again as Economic Challenges Mount

LONDON—OPEC on Monday cut its forecast for 2022 global oil demand growth for a fifth time since April and further trimmed next year’s figure, citing mounting economic challenges including high inflation and rising interest rates. Oil demand in 2022 will increase by 2.55 million barrels per day (bpd), or 2.6 percent, the Organization of the…


Oil Falls $1 on China COVID-19 Surge and Firmer Dollar

LONDON—Oil prices fell on Monday, dragged down by a firmer U.S. dollar while surging coronavirus cases in China dashed hopes of a swift reopening of the economy for the world’s biggest crude importer. Brent crude futures were down $1.01, or 1.1 percent, at $94.98 a barrel by 1030 GMT after gaining 1.1 percent on Friday….


Shares Sobered by Fed Warning, China Acts on Property

SYDNEY/LONDON—Share markets continued last week’s rally in more modest fashion on Monday after a top U.S. central banker warned investors against getting carried away over one inflation number, while Chinese stocks gained on aid for the country’s property sector. A modest miss on U.S. inflation was enough to see two-year Treasury yields dive 33 basis…


Closing Prices for Crude Oil, Gold and Other Commodities (Nov. 11)

Benchmark U.S. crude oil for December delivery rose $2.49 to $88.96 a barrel Friday. Brent crude for January delivery rose $2.32 to $95.99 a barrel. Wholesale gasoline for December delivery rose 4 cents to $2.61 a gallon. December heating oil fell 1 cent to $3.56 a gallon. December natural gas fell 36 cents to $5.88…