Goldman Sachs expects gold, with its real demand drivers, to outperform the highly volatile bitcoin in the long term, the bank wrote in a Monday research note. Gold is less likely to be influenced by tighter financial conditions, meaning it is “a useful portfolio diversifier,” said Goldman, especially given that gold has developed non-speculative use…
Closing Prices for Crude Oil, Gold and Other Commodities (Dec. 13)
December 13, 2022
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Benchmark U.S. crude oil for January delivery rose $2.22 to $75.39 a barrel Tuesday. Brent crude for February delivery rose $2.69 to $80.68 a barrel. Wholesale gasoline for January delivery rose 8 cents to $2.16 a gallon. January heating oil rose 12 cents to $3.09 a gallon. January natural gas rose 35 cents to $6.94…
Closing Prices for Crude Oil, Gold and Other Commodities (Dec. 12)
December 12, 2022
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Benchmark U.S. crude oil for January delivery rose $2.15 to $73.17 a barrel Monday. Brent crude for February delivery rose $1.89 to $77.99 a barrel. Wholesale gasoline for January delivery rose 2 cents to $2.08 a gallon. January heating oil rose 17 cents to $2.97 a gallon. January natural gas rose 34 cents to $6.59…
Masked Bandits Steal Gold From North Korean Armored Vehicle
An armored vehicle carrying 200 kilograms of gold was robbed when it stopped on the side of a North Korean highway in mid-November, a source has told RFA. Three masked robbers overcame two armed guards to take the gold worth some U.S.$11 million, the source said. The robbery occurred as the vehicle was destined for…
Closing Prices for Crude Oil, Gold and Other Commodities (Dec. 11)
December 9, 2022
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Benchmark U.S. crude oil for January delivery fell 44 cents to $71.02 a barrel Friday. Brent crude for February delivery fell 5 cents to $76.10 a barrel. Wholesale gasoline for January delivery rose 1 cent to $2.06 a gallon. January heating oil fell 9 cents to $2.79 a gallon. January natural gas rose 28 cents…
Closing Prices for Crude Oil, Gold and Other Commodities (Dec. 8)
December 8, 2022
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Benchmark U.S. crude oil for January delivery fell 55 cents to $71.46 a barrel Thursday. Brent crude for February delivery fell $1.02 to $76.15 a barrel. Wholesale gasoline for January delivery fell 3 cents to $2.05 a gallon. January heating oil rose 10 cents to $2.88 a gallon. January natural gas rose 24 cents to…
Closing Prices for Crude Oil, Gold and Other Commodities (Dec. 7)
December 7, 2022
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Benchmark U.S. crude oil for January delivery fell $2.24 to $72.01 a barrel Wednesday. Brent crude for February delivery fell $2.18 to $77.17 a barrel. Wholesale gasoline for January delivery fell 7 cents to $2.08 a gallon. January heating oil fell 14 cents to $2.78 a gallon. January natural gas rose 25 cents to $5.72…
Closing Prices for Crude Oil, Gold and Other Commodities (Dec. 6)
December 6, 2022
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Benchmark U.S. crude oil for January delivery fell $2.68 to $74.25 a barrel Tuesday. Brent crude for February delivery fell $3.33 to $79.35 a barrel. Wholesale gasoline for January delivery fell 5 cents to $2.15 a gallon. January heating oil fell 8 cents to $2.92 a gallon. January natural gas fell 11 cents to $5.47…
Closing Prices for Crude Oil, Gold and Other Commodities (Dec. 5)
December 5, 2022
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Benchmark U.S. crude oil for January delivery fell $3.05 to $76.93 a barrel Monday. Brent crude for February delivery fell $2.89 to $82.68 a barrel. Wholesale gasoline for January delivery fell 8 cents to $2.20 a gallon. January heating oil fell 17 cents to $3 a gallon. January natural gas fell 70 cents to $5.58…
Closing Prices for Crude Oil, Gold and Other Commodities (Dec. 2)
December 2, 2022
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Benchmark U.S. crude oil for January delivery fell $1.24 to $79.98 a barrel Friday. Brent crude for February delivery fell $1.31 to $85.57 a barrel. Wholesale gasoline for January delivery fell 6 cents to $2.28 a gallon. January heating oil fell 9 cents to $3.17 a gallon. January natural gas fell 46 cents to $6.28…
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