Unease Grows at Bank of Japan as Oil Casts Shadow on Prices:; (WWW.COMMODITYBAZAAR.CO)

A summary of opinions from board members at the Dec. 19-20 meeting released Friday shows a switch in mood from the guarded optimism over prices at the October policy meeting. The BOJ left policy unchanged at both meetings. Falling oil prices are a matter for concern and will contribute to a further delay in reaching Read more about Unease Grows at Bank of Japan as Oil Casts Shadow on Prices:; (WWW.COMMODITYBAZAAR.CO)[…]

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Oil prices pressured by oversupply, global economic concerns:: (WWW.SHREEMCX.COM)

Oil prices were largely steady on Monday after falling 2 percent in the previous session, but remained under pressure amid weaker growth in major economies and concerns about oversupply. International Brent crude oil futures LCOc1 were at $60.33 per barrel at 0423 GMT, up 5 cents, or 0.08 percent, from their last close. U.S. West Texas Intermediate Read more about Oil prices pressured by oversupply, global economic concerns:: (WWW.SHREEMCX.COM)[…]

Gold Falls as Focus Turns to Fed:: (WWW.SHREEMCX .COM)

Gold prices were lower on Friday, as the U.S. dollar rose in anticipation of a Federal Reserve rate hike next week. Comex gold futures for February delivery slumped 0.3% to $1,242.95 a troy ounce as of 4:51 AM ET (9:51 GMT). The price of bullion was pushed lower by a stronger greenback. The Fed is expected to Read more about Gold Falls as Focus Turns to Fed:: (WWW.SHREEMCX .COM)[…]

PRECIOUS-Gold steady as investor focus turns to Fed meet:: (WWW.COMMODITYBAZAAR.CO )

U.S. gold futures GCv1 were down 0.1 percent at $1,246 per ounce. There are not many immediate risks at this point of time, therefore some people are holding on to their positions in gold and not liquidating, said Brian Lan, managing director at dealer GoldSilver Central in Singapore. “Dollar has also strengthened a little… We don’t expect Read more about PRECIOUS-Gold steady as investor focus turns to Fed meet:: (WWW.COMMODITYBAZAAR.CO )[…]

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The most recent News and cost moves to begin the Asian afternoon on Friday

The most recent News and cost moves to begin the Asian afternoon on Friday November 16. Zinc futures on the London Metal Exchange rebounded from 3 percent in the close on Thursday Nov 15, ending a weeklong downward tendency and maintained for a decade low in total LME stocks. Read more from our live futures Read more about The most recent News and cost moves to begin the Asian afternoon on Friday[…]

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Optimism continued to rise among aluminum marketplace participants in the US within the outlook for the domestic aluminum cathode premium following a sector meeting this past week, with lots of attendees. The decision by the US Treasury will extend the deadline for the US businesses to wind down their contracts with Russian manufacturer Rusal had Read more about wilsoncommodity leading Mcx Advisory company[…]

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