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The latest of commodities coverage on eLesor.

Gold futures trade higher after jobless claims falls to pandemic low

Gold futures trade higher after jobless claims falls to pandemic low

Contracts for gold on Thursday were trading solidly higher after reports on the U.S.s economic recovery from the COVID pandemic. U.S. retail sales minus autos & gas rose 8.2% in March and U.S. initial jobless claims fell to 576,000 in the latest week. June gold traded 0.7% higher at $1,749.10 a...

Oil futures end sharply higher as gasoline soars to 2 1/2-year high

Oil futures rose sharply Thursday, getting a lift from expectations for a pickup in refinery demand as gasoline inventories tighten. Also, the Orga...

Gold logs small gain but enough for 3rd straight rise as U.S. dollar retreats

Gold futures on Thursday booked a third gain in a row, aided by an abatement in the recent recovery of the U.S. dollar and a retrenchment in yields...

Oil ends with gain after back-to-back losses

Oil futures ended a choppy session in positive territory Wednesday, after suffering back-to-back losses. Crude saw two-sided trade action after gov...

More Commodities News

Gold books 2nd straight gain, enough for longest win streak in over 2 weeks as yields recede

Gold futures logged a modest advance on Wednesday, as a stable U.S. dollar and retreat in yields for sovereign debt, one of the most influential headwinds for bullion, helped provide a runway higher for bullion. April gold...