Gold Climbs With Silver as Fed Minutes Show Rates May Stay Low

Gold futures rose the most this month after minutes from the Federal Reserve™s January meeting showed policy makers argued for keeping interest rates near record lows for longer. Silver advanced.Bullion for April delivery added as much as 1.9 percent, the most since Jan. 30, to $1,222.90 an ounce. It was at $1,221 by 7:34 a.m. on the Comex in New York, after touching a six-week...

Oil Falls With Ruble as Europe Stocks Rise on Greek Deal Outlook

Slumping oil prices damped demand for Russia™s ruble and increased the appeal of bonds. European stocks rebounded with Greek shares on prospects for a compromise between the country™s government and its creditors. West Texas Intermediate crude slid 3.5 percent to $50.31 a barrel at 7:03 a.m. in New York. The Stoxx Europe 600 Index advanced 0.2 percent while Greece™s ASE index gained 1.3 percent and the nation™s bonds rose after the...

U.S. Stocks Fall as Oil Tumbles, Germany Rejects Greek Proposal

U.S. stocks fell as oil prices tumbled for a second day and Germany rejected a proposal from Greece to seek an extension of its loan facilities. The Standard & Poor™s 500 Index fell 0.3 percent to 2,093.56 at 9:32 a.m. in New York. West Texas Intermediate crude oil lost 5 percent to slip below $50 a barrel. Futures advanced earlier after the European Commission said a letter by Greece™s government requesting...

Gold Climbs With Silver as Fed Minutes Show Rates May Stay Low

Gold futures rose the most this month after minutes from the Federal Reserve™s January meeting showed policy makers argued for keeping interest rates near record lows for longer. Silver advanced. Bullion for April delivery added as much as 1.7 percent, the most since Jan. 30, to $1,221 an ounce on the Comex in New York. It was at $1,217.70 by 10:13 a.m. in London, after touching a six-week low of $1,197.20 on Wednesday. Futures trading...

European Stocks Drop From Seven-Year High as Energy Shares Fall

European stocks fell from a seven-year high as energy shares declined. The Stoxx Europe 600 Index slipped 0.2 percent to 379.46 at 8:11 a.m. in London. Total SA and BG Group Plc dropped at least 1.3 percent as crude prices fell, sending a gauge of oil and gas shares to the worst performance among 19 Stoxx 600 industry groups. Pressure also increased for Greece to reach a deal with...