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Latest MSN.com Quote- Gold enjoys biggest jump in eight days
Gold jumped to its biggest gain in eight sessions on Tuesday, snapping back from steep day-ago losses as the anticipation of further US stimulus mingled with new fears over global growth. In a jittery session marked again by gold trading less like a safe haven and more like a risky commodity, bullion rallied in the…
Adam Sarhan Reuters Quote: Gold's "death cross" stirs unease after 2013 meltdown
29-May-2014 14:42 By Frank Tang NEW YORK, May 29 (Reuters) – An imminent “death cross” on the chart of spot bullion is stirring memories among gold traders of the metal’s plunge in April 2013, which was preceded by such bearish formation. Spot gold’s 50-day moving average is within $1 of breaking below…
Adam Sarhan Reuters Quote: Large Harvests Pressure Coffee In London, U.S.
Futures Large Harvests Pressure Coffee In London, U.S. By REUTERS Posted 11/05/2012 05:27 PM ET Coffee dropped Monday, with Liffe robustas falling to an eight-month low while ICE arabica coffee reached a 4-1/2-month low, as growing supply takes a bite out of prices. January robusta coffee futures dropped $24 to $1,952 a metric ton, after touching the…
Adam Sarhan Reuters Quote: Hedge funds dump $2 billion in gold over a week: CFTC
By Barani Krishnan NEW YORK | Fri May 18, 2012 8:18pm EDT (Reuters) – Hedge funds and other money managers liquidated more than $2 billion in gold futures over a week, trade data on Friday showed, before a forceful rebound in the precious metal potentially tripped up some of them. The majority of fund managers also appear to have…
Adam Sarhan Reuters Quote: Wall St Week Ahead: 'Fiscal cliff' blues may lead to correction
By Caroline Valetkevitch and Ryan Vlastelica NEW YORK | Fri Nov 9, 2012 7:21pm EST Nov 9 (Reuters) – Wall Street’s post-election sell-off may gather steam in the coming weeks as worries mount about the looming “fiscal cliff” and technical weakness suggests a possible correction ahead. The benchmark Standard & Poor’s 500 closed below its 200-day moving…
Adam Sarhan WSJ Quote: Sugar Futures Hit Multiyear Low on Glut
By ALEXANDRA WEXLER Dec. 17, 2013 7:02 p.m. ET NEW YORK—Raw-sugar futures tumbled to their lowest level in 3½ years after the market broke through this year’s low of 16 cents a pound. Investors liquidated bets that prices would rise and added to a growing short position as fresh supplies flowed from top-growing and exporting…
