NEW YORK Grains and gold prices rose on Thursday, while most other commodities fell despite the dollar's drop and the resolution of a U.S. budget deal, with U.S. oil prices sliding to their lowest since July after industry data showed supply on the rise.
NEW YORK, Oct 7 Commodity markets finished
Monday with mixed results as worries brought on by political
wrangling over the U.S. debt drove investors to gold as a safe
haven, but kept pressure on oil prices for fear of the potential
impact on economic growth.
NEW YORK The Public Utilities Commission of Ohio voted on Wednesday to approve Ormet Corp's revised power deal with energy supplier American Electric Power Co Inc , saving the U.S. aluminum producer from likely closure.
NEW YORK, Sept 23 Commodity markets traded mixed
on Monday, with supply increases hitting oil prices, demand
increases lifting grains and metals down modestly on uncertainty
about when the Federal Reserve will decide to reduce economic
NEW YORK, Aug 19 Ormet Corp is
negotiating with its equity owner for additional liquidity to
keep remaining aluminum operations running, after shutting down
two potlines late last week, a spokesman at the U.S aluminum
producer said on Monday.
NEW YORK, July 31 Ohio's state utility regulator
on Wednesday rejected Ormet Corp's appeal for an
expedited decision on the aluminum producer's request for lower
electricity rates, which it said are crucial to operating its
aluminum smelter and alumina refinery.
NEW YORK Spot gold's sharp tumble on Wednesday sent a bearish signal to many technical analysts, suggesting that the precious metal may slide further toward three-year lows.
NEW YORK, July 17 Commodity markets were mixed
after Federal Reserve Chairman Ben Bernanke testified to
Congress, with gold and copper sliding more then 1 percent and
crude oil prices maintaining the session's gains.
NEW YORK/LONDON Gold was lower on Tuesday as the dollar strengthened and investors looked for further indications that the Federal Reserve may soon end its U.S. stimulus program.
NEW YORK Gold prices held onto gains in late Wednesday trade as investors sought safer assets after a private U.S. jobs reading fell short of expectations.