Commodity Markets

Oil prices rose sharply on Monday as a weaker dollar helped boost demand for the commodity. New York's main contract, light sweet crude for January delivery, advanced 97 cents to 78.44 dollars a barrel. The December contract had expired at 76.72 dollars ...

For Indian brides buying jewellery, the bigger the better is the general rule, but record gold prices during this year's wedding season are forcing many to compromise. India is the world's biggest consumer of gold, so the rise of local prices to ...

The dollar slid against the euro on Monday on concerns that the Federal Reserve may keep emergency stimulus measures in place for a while longer, helping push gold prices to a record high level. In late morning trading here, the euro climbed ...

The price of gold soared to a record close of 1,166.00-1,167.00 US dollars an ounce in Hong Kong on Monday as dealers moved into the safe haven commodity due to the weak greenback, analysts said. It opened at 1,158.00-1,159.00 US dollars. The ...

Gold prices inch higher, buoyed by safe-haven appeal; Other metals little changed Gold prices finished higher for a sixth straight day Friday, rising even as the dollar strengthened. The December contract added $4.90 to settle at $1,146.80 an ounce on the New ...

Oil prices remained depressed Friday amid a strengthening dollar and concerns over sustainable economic recovery. New York's main contract, light sweet crude for December delivery, dropped 74 cents to end the week at 76.72 dollars after slumping by more than two dollars ...

Wheat, corn, oats fall on the Chicago Board of Trade, soybeans climb; beef, pork futures rise Agriculture futures were mixed Friday on the Chicago Board of Trade. Wheat for December delivery fell 2.75 cents to $5.5975 a bushel, while December corn lost ...

Good news for home heating: With the most natural gas in storage, prices plunge by 12 percent Natural gas prices have dropped by more than 12 percent in the past month as the country continues to sip at its energy reserves and ...

Oil prices dropped on Friday and were likely to stay under 80 dollars because of high energy inventories in the United States, the world's biggest energy-consuming nation, analysts said. New York's main contract, light sweet crude for December delivery, fell 21 cents ...

Oil edges down toward $77 in European trade amid economic uncertainty Oil prices edged down toward $77 a barrel on Friday after a drop in many stock markets and amid concern about the strength of the global economic recovery. By early afternoon ...