The latest of commodities coverage on eLesor.

Gasoline futures climb, oil drops as Hurricane Ida shutters Gulf Coast production

Gasoline futures climb, oil drops as Hurricane Ida shutters Gulf Coast production

Gasoline futures jumped, while oil prices fell on Monday, as one of the strongest hurricanes to ever hit the U.S. shuttered refineries in the Gulf Coast. September gasoline futures climbed 1.6% to $2.31 a gallon, from Friday's close of $2.11 a gallon. Natural-gas futures rose around 1% to $4.42...

Gold futures rise 1.2% to mark first back-to-back gain of August

Gold futures finished sharply higher Wednesday, marking the first back-to-back advance for the commodity in about a month and the sharpest daily ri...

Gold ekes out modest gain in choppy Tuesday trade

Gold futures settled slightly higher Tuesday after putting in their lowest settlement since March on Monday, following a plunge of more than 5% int...

Gold futures add to recent steep losses Tuesday as dollar and yields climb

Gold futures turn lower Tuesday morning, extending declines a day after putting in the lowest settlement since March on Monday, following a plunge ...

More Commodities News

Gold skids more than 2% lower on Monday and ends at lowest level since March

Gold futures finished at their lowest level since March on Monday, which also saw the precious metal fall more than 5% at its low during Asian trading hours. December gold finished $36.60, or 2.1%, lower at $1,726.50 an o...

U.S. crude oil ends 1.2% lower Friday and logs steepest weekly skid since October

Crude-oil futures finished sharply lower Friday, with the commodity staging a turnaround from earlier gains after a better-than-expected report on U.S. employment helped to deliver a fillip to the U.S. dollar, weighing on ...

Gold books worst daily, weekly slide in about 7 weeks as dollar, 10-year Treasury rates climb

Gold futures on Friday capped a downbeat week with the worst daily fall since mid June, marking the sharpest weekly drop in two months, after the U.S. monthly jobs report for July came in better than expected, delivering a...

Crude-oil holds firm loss as Baker Hughes weekly data show U.S. oil rigs rose by 2 to 387

Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil rose by 2 to 387 this week. The total active U.S. rig count, which includes those drilling for natural gas, rose by three to stand at 49...

Gold futures end lower Thursday as yields pop higher, U.S. stocks rally

Gold futures closed slightly lower Thursday, quashing bullion's attempt to deliver its first back-to-back gain since mid July, as Treasury yields climbed but still hung near lows not seen since mid to early February. The 1...