WTI Turun Hari Kedua Terkait Persediaan Bahan Bakar AS; Brent Turun

West Texas Intermediate fell for a second day after inventories of gasoline and distillate fuels increased in the U.S., the world��s biggest oil consumer. Brent slipped as the European Central Bank cut its deposit rate below zero. Futures dropped as much as 0.5 percent in New York. Gasoline stockpiles increased by 210,000 barrels to 211.8 million in the seven days ended May 30, while distillate inventories, including heating oil and diesel,...

Gold Holds Near Highest in Four Days Before U.S. Jobs Report

Gold held near the highest level in four days, set to snap two weeks of losses, as investors awaited a U.S. labor report to assess the health of the world��s largest economy and the impact on monetary stimulus.Gold for immediate delivery traded at $1,253.91 an ounce by 11:45 a.m. in Singapore from $1,253.63 yesterday, up 0.3 percent this week, according to Bloomberg generic pricing. The metal yesterday climbed to $1,257.73, the highest...

Gold firm after ECB policy easing; all eyes on US jobs report

Gold held on to sharp overnight gains on Friday and was headed for a weekly rise after two straight declines, after the European Central Bank launched a series of measures to pump money into the sluggish euro zone economy.Investors refrained from taking big positions in early trading as they were eyeing U.S. nonfarm payrolls report later in the day for a gauge on the world's biggest economy.    Spot gold was steady at $1,253.90...

WTI Oil Heads for Second Weekly Decline Before U.S. Payroll Data

West Texas Intermediate swung between gains and losses as investors await data that may signal the strength of the economy in the U.S., the biggest oil user.Futures were little changed in New York, poised for a 0.2 percent decline for the week. Payrolls probably increased by 215,000 in May, according to a Bloomberg News survey before Labor Department data today. That compares with a 288,000 gain in April. Brent oil��s premium to WTI rebounded...

Gold Rally on ECB Stimulus Not Enough to Shake Lackluster Market

The prospect of unprecedented European stimulus that sent gold prices to the biggest gain in three weeks still wasn��t enough to rescue bullion from the doldrums of sinking volatility. The European Central Bank became the first major central bank to take one of its main rates negative as President Mario Draghi unveiled historic measures to fight deflation. Gold rose more than...

Gold Trades Near Four-Month Low Before ECB Decision, U.S. Data

Gold held near a four-month low as investors awaited a European Central Bank monetary policy decision and U.S. economic data that may support further reductions to the Federal Reserve��s asset purchases.Bullion for immediate delivery traded at $1,244.77 an ounce at 1:59 p.m. in Singapore from $1,243.94 yesterday, according to Bloomberg generic pricing. Gold fell to $1,240.73 on June 3, the lowest since Jan. 31. The 14-day relative-strength...

Yen Rebounds as Stocks Swing Before ECB; Oil Slips With Platinum

Japan yen rebounded from a one-month low and Asian stocks fluctuated before a European Central Bank monetary-policy announcement. Oil fell and platinum led precious metals lower.The yen gained 0.2 percent to 102.57 versus the dollar at 11:29 a.m. in Tokyo, while the euro traded near its lowest since February. The MSCI Asia Pacific Index was little changed, while futures on the Standard & Poor��s 500 Index fluctuated after the U.S....

Gold holds near 4-month low as ECB decision awaited

Gold was little changed near a four-month low on Thursday, but faced a risk of more losses ifthe European Central Bank meets expectations to cut rates, a move that could strengthen the dollar and hurt bullion.    Spot gold had edged up slightly to $1,244.01 an ounce by 0039 GMT. The metal is close to its 4-month low of  $1,240.61 hit earlier in the week.The ECB is widely expected to cut all of its interest rates on Thursday,...

WTI Crude Declines a Second Day After Discount to Brent Narrows

West Texas Intermediate oil dropped for a second day. WTI��s discount to Brent in London narrowed to the smallest gap in seven weeks.Futures fell as much as 0.4 percent in New York. U.S. crude supplies shrank by 3.43 million barrels last week as stockpiles at Cushing, Oklahoma, the delivery point for WTI, slid the 17th time in 18 weeks, the Energy Information Administration said...

Gold barely budges ahead of U.S. jobs, ECB cues

Gold prices barely budged on Wednesday, settling with a modest decline as traders looked ahead to monthly U.S. jobs data and the outcome of the European Central Bank meeting for guidance. Gold for August delivery fell 20 cents to settle at $1,244.30 an ounce on the Comex division of the New York mercantile Exchange, after rising 50 cents on Tuesday, which was the first positive session in seven. July silver rose 3 cents, or 0.2%, to...