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Oil dives 5 percent as worries about Iran talks trump Yemen
Published on Saturday, March 28, 2015 10:25 AM

By Barani Krishnan

NEW YORK  - Oil tumbled 5 percent on Friday, erasing the previous session's gains, as Yemen's conflict looked less likely to disrupt Middle East crude shipments and investors turned their focus to talks for a potential Iran nuclear deal that could put more supply on the market.

Oil prices still notched their s ...

Oil dives 5 percent as worries about Iran talks trump Yemen
71248
Gold snaps seven-day rally ahead of Yellen speech; set for second weekly gain
Published on Saturday, March 28, 2015 11:04 AM

By Marcy Nicholson and Clara Denina

NEW YORK/LONDON  - Gold fell on Friday, snapping a seven-day rally as investors remained cautious ahead of comments from U.S. Federal Reserve Chair Janet Yellen, but the metal still looked set to post its second straight weekly gain.

Despite Friday's losses, gold was on track to finish the week up ...

Gold snaps seven-day rally ahead of Yellen speech; set for second weekly gain
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LME Inventories Data: Mar 27, 2015
Published on Friday, March 27, 2015 6:05 PM

Copper stocks -2425 MT to 337175, Aluminum Stocks -6300 MT to 3958625 MT, Nickel Stocks +588 MT to 433380 MT, Zinc Stocks -1850 MT to 518275 MT, Lead Stocks -1000 MT to 235750 MT.

...

LME Inventories Data: Mar 27, 2015
71240
Copper dips on bearish US demand outlook
Published on Saturday, March 28, 2015 2:39 PM

Copper prices fell by 0.41 per cent on Friday at the domestic markets as a regional manufacturing gauge in the US dived into contraction territory this month, signaling a worsening slowdown in the world’s second biggest economy, darkening the demand outlook for industrial metals. The Federal Reserve Bank of Kansas said that its regional manufacturing gauge fell to -2 in March from 5 in ...

Copper dips on bearish US demand outlook
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Zinc gains on diminishing stocks
Published on Friday, March 27, 2015 5:50 PM

Zinc prices fell by 0.88 per cent on Friday at the domestic markets after Japanese retail sales rose less-than-expected last month signaling weak sentiment in the region which reduced the demand outlook for the metal. In a report, the Ministry of Economy Trade and Industry said that retail sales rose to a seasonally adjusted annual rate of -1.8 per cent, from -2.0 per cent in the preceding m ...

Zinc gains on diminishing stocks
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Lead drops on lack of buying interest
Published on Friday, March 27, 2015 5:48 PM

Lead prices fell by 1.38 per cent on Friday at the domestic markets as a result of low demand for the commodity from battery-maker in the spot market in the midst of weak overseas trend. At the MCX, Lead futures, for the March 2015 contract, is trading at Rs 114.20 per kg, up by 1.38 per cent, after opening at Rs 115.30, against a previous close of Rs 115.80.

It touched an intra-d ...

Lead drops on lack of buying interest
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Increasing demand lifts Mentha oil futures
Published on Friday, March 27, 2015 5:48 PM

Mentha oil prices rose by 0.95 per cent on Friday at the Multi Commodity Exchange (MCX) due to tight stocks position in the physical market due to restricted arrivals from producing belts. At MCX, Mentha oil futures for March 2015 contract, at MCX, were trading at Rs. 819.90 per kg, up by 0.95 per cent after opening at Rs. 811.50 against the previous closing price of Rs. 812.20. It touched t ...

Increasing demand lifts Mentha oil futures
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Silver lower amid caution ahead of Yellen speech
Published on Friday, March 27, 2015 2:51 PM

Silver futures fell in the domestic market on Friday as investors and speculators exited positions in the precious metal amid caution ahead of the speech of Fed Chair Janet Yellen tomorrow who will speak at the Federal Reserve Bank of San Francisco Conference on Friday on “The New Normal for Monetary Policy”, and may offer cues over the timing to undertake the maiden US interest ...

Silver lower amid caution ahead of Yellen speech
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Copper slips as Chile mines resume output
Published on Friday, March 27, 2015 2:48 PM

Copper futures tumbled in the domestic market on Friday as investors and speculators exited positions in the industrial metal after mines in Chile, the world’s biggest producer of the metal, resumed production after flooding in the South American nation. Codelco, the country’s top copper miner stated that its Atacama Desert sites were gradually restarting operations after a shutd ...

Copper slips as Chile mines resume output
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