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Oil prices at two-year high
December 24, 2010Oil prices are pushing higher after reaching the highest mark in two years this week. A barrel of light sweet crude settled at $91.51, up $1.03, on the New York NYMEX Futures board Wednesday (December 23). Read more …
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Gold breaks $1,400 for the first time
November 8, 2010After a slightly extended up-and-down effort to take hold of the $1,300 level, gold prices wasted little time moving past $1,400. The Monday (November gold spot rate is $1,406.30 in lunchtime trade on the New York NYMEX. Gold has surged once again on the heels of last week’
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Oil and gas prices higher with equities
October 19, 2010Surging equity markets have helped push oil prices through the $80 level. Benchmark crude oil scheduled for November delivery trades at $83.14 in early New York Mercantile Exchange trade Tuesday (October 19) morning. Oil prices climbed firmly, by $1.83, in Monday’
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Gold prices remain below $1,200
July 24, 2010The price of gold remains flat below $1,200 and not much above its 60-day low of $1,180 in mid-morning New York trade. The current gold price spot rate in New York is $1,190.70 per ounce after a closing price of $1,194.50 on July 22nd. Though not far removed from its mid-June all time high price [...]