The average price for regular gasoline at U.S. filling stations may have topped out at $3.9671, says surveyor.
Gold traders are bearish for the first time this year after the Federal
Reserve signaled it may refrain from more monetary stimulus.
President Barack Obama said oil company profits justify abolishing $4
billion in annual oil and natural gas subsidies and shifting those
savings to research on clean-energy fuels.
Hedge funds wagered the wrong way on commodity prices for a fourth
consecutive week, boosting bullish holdings just before reports showing a
contraction in manufacturing from China to Europe drove...
Warren Buffett is a great investor, says Christopher Goolgasian, a vice
president at State Street Global Advisors Inc., which markets a $74
billion gold fund...
Commodities, led by oil, beat stocks, bonds and the dollar for the first
time since July as the European Union prepared to embargo Iranian
crude, the U.S...
Bullish commodities futures rose above 1 million contracts for the first
time in five months as U.S. growth prospects improved and Goldman Sachs
Group Inc. predicted further price gains.
U.S. farmers will plant the most acres in a generation this year, led by
the biggest corn crop since World War II, taking advantage of the
highest agricultural prices in at least four decades.
by Eric Uhlfelder
Despite declining prices, observers believe that well-managed investments in commodities can still generate gains.
Speculators increased wagers on rising commodities to the highest level
since November just as prices headed for the biggest three-day slide in
almost a month.
Orange-juice futures rose the most in five years as freezing weather
damages citrus crops in Florida, and a U.S. government probe of a
fungicide used on fruit in Brazil may limit imports.
Commodities may rebound from their first retreat in three years as
developing economies shore up global growth, driving demand higher at a
time when raw-material producers are already struggling...
Gold climbed to the highest level in a week in thin holiday trading on
reports that Iran produced its first nuclear fuel rod, spurring
investors to buy the precious metal as a haven.
Hedge funds reduced bets on higher commodity prices to the lowest level
since 2009 just as raw materials headed for their biggest weekly rally
in two months.
Stock swings that reached twice the five-decade average left the
Standard & Poor's 500 Index with the smallest price change in 41
years .
John Paulson, the billionaire money manager mired in the worst slump of his career, lost 10.5 percent in his Gold Fund this year even as the metal heads for its 11th straight annual gain, sources...
Gold declined in New York for the third time in four days on signs of a
strengthening U.S. job market and a drop in holdings by exchange-traded
fund investors.
Gold prices, down 17 percent from a record in September, may tumble an
additional 13 percent, according to technical analysis by Stifel
Nicolaus & Co.
