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Futures Market News - July 2011
- U.S. debt turmoil pushes gold futures to record highs: [2011 Jul 29 03:58 PM] The debt ceiling debacle reaching the weekend before the deadline helped push gold futures to record high prices on Friday. Read more
- Copper futures drop yet strikes in Chile raise eyebrows: [2011 Jul 29 09:32 AM] Copper futures were driving for a monthly gain, building on advances for the second straight month. Read more
- Gold futures set to notch monthly gain: [2011 Jul 29 05:16 AM] Gold futures are set to notch monthly highs as prompted by the political impasse in Washington over how to increase the debt ceiling. Read more
- Demand benefits futures for cattle, hogs: [2011 Jul 28 04:20 PM] Cattle and hog futures edged up in value Thursday as seasonal demand for the meats also is steady. Read more
- Cocoa futures drop as supplies reach sufficient amount: [2011 Jul 28 03:27 PM] Indications of a surplus of supplies dragged down cocoa futures to their lowest price in one month. Read more
- Oil futures hover near one-week lows: [2011 Jul 28 09:41 AM] Oil futures were hovering near their lowest prices in seven days amid mounting speculation about a reduced pace of the economy of the globe's top consumer of the commodity. Read more
- Gold futures marginally rise as debt ceiling deadlock resumes: [2011 Jul 28 04:35 AM] Gold futures edged up in value Thursday morning after two record-setting sessions earlier this week were propelled by an impasse in Washington over the debt ceiling debate. Read more
- Coffee production in Brazil appears favorable, meteorologist states: [2011 Jul 27 03:48 PM] The harvest of coffee in the globe's top producer of the energy commodity is driving toward a record crop. Read more
- Silver futures gain as debt crisis intensifies: [2011 Jul 27 07:28 AM] Silver futures are quietly rising in price, following their counterpart gold as the precious metals gain attention of investors concerned about the debt crisis debate stalemate in Washington. Read more
- Debt concerns drive gold futures to record highs: [2011 Jul 27 06:41 AM] Gold futures hurtled to record highs Wednesday morning, advancing as the U.S. dollar continued driving down while concerns spread about a potential credit default. Read more
- Cotton futures climb from depths of 10-month lows: [2011 Jul 26 04:49 PM] Cotton futures rose in value Tuesday, emerging from their lowest value in 10 months as a result of speculation that dry weather might harm production in the globe's top producer of the soft fiber. Read more
- Portfolios of political leaders include gold holdings: [2011 Jul 26 08:16 AM] As elected leaders in Washington work to serve the nation by stabilizing the economy and defending the integrity of the country's credit rating, NPR reports several of them own gold. Read more
- Gold futures set to slip amid concerns the precious metal's climb was overdone: [2011 Jul 26 05:39 AM] Gold futures are poised to drop in value amid the belief that Monday's climb to record prices might have been overdone. Read more
- Sugar futures slip as premium climbs: [2011 Jul 25 04:11 PM] The premium for purchasing raw sugar in Brazil skyrocketed 37 percent in 96 hours, according to information provided by a sugar brokerage. Read more
- Gold futures capitalize on U.S. debt ceiling dispute and again set record highs: [2011 Jul 25 02:25 PM] For the second time on Monday, gold futures pushed to record highs as the precious metal is driving ever higher as a result of the debt ceiling political crisis in Washington. Read more
- Cotton futures lose value, likely to continue swinging in value: [2011 Jul 25 09:23 AM] Cotton futures are kicking off the week slipping in value, a continuation of three straight days of losses to finish last week. Read more
- Gold futures set record highs as U.S. debt ceiling concern heightens: [2011 Jul 25 05:47 AM] Gold futures set record highs Monday morning amid U.S. lawmakers' inability to agree on how to increase the debt ceiling. Read more
- Indian coffee production might see uptick: [2011 Jul 22 03:18 PM] Next year might see Asia's third-largest coffee grower produce as much as 6.7 percent more of the soft commodity. Read more
- Gold futures likely to endure first weekly loss in three weeks: [2011 Jul 22 06:07 AM] Gold futures were driving toward their first weekly loss in three weeks amid euro zone finance ministers reaching agreement on an emergency bailout package for Greece. Read more
- Gold, silver futures to skyrocket in value, firm predicts: [2011 Jul 21 03:51 PM] Two precious metals are bound to climb even higher and notch notable thresholds, according to Newedge USA. Read more
- Cattle futures climb amid rising demand: [2011 Jul 21 02:31 PM] Heightened demand for U.S. beef pushed up cattle futures on Thursday while hog futures also rose. Read more
- Gold futures poised to lose value amid Merkel, Sarkozy agreement: [2011 Jul 21 06:25 AM] Gold futures are set to lose value Thursday as a result of the leaders of Germany and France announcing they agreed on the best method of assisting Greece secure a second phase of emergency bailout aid. Read more
- Outlook for solving debt crises pulls silver futures below $40 per troy ounce: [2011 Jul 20 06:56 AM] Silver futures, considered the volatile metal due to the tendency to suddenly rise or fall in price with or without warning, dropped below the $40 per troy ounce benchmark on Wednesday. Read more
- Optimism for U.S. debt ceiling resolution drives down gold futures: [2011 Jul 20 06:11 AM] Legislators and policy makers driving toward resolutions to debt crises pulled down gold futures on Wednesday as the precious metal sank below the $1,600 per troy ounce benchmark. Read more
- Oil futures climb amid optimism about Greek debt: [2011 Jul 19 06:11 PM] Conjecture about euro zone lawmakers' ability to stem the sovereign debt crisis pushed up oil futures. Read more
- Texas drought benefits cotton futures: [2011 Jul 19 09:39 AM] Inclement weather in Texas is driving cotton futures higher in price for the first time in four days. Read more
- Gold futures set to continue climbing: [2011 Jul 19 07:04 AM] Gold futures are poised to increase in value for the 12th straight day on Tuesday on concerns about debt turmoil in the U.S. and the euro zone. Read more
- Gold futures will notch $5k by 2020, English banks states: [2011 Jul 18 02:30 PM] The next eight-and-a-half-years will see gold futures rise to prices as high as $5,000 per troy ounce, according to an English bank. Read more
- All rise for those who called gold meeting the noted benchmark price: [2011 Jul 17 10:03 PM] A selection of mining company chief executive officers, researchers, consultancies, and analysts were about 99.75 percent correct as of Monday morning. Read more
- Oil futures end rough week on upswing: [2011 Jul 15 03:19 PM] Indications about increased manufacturing in the U.S. pushed up crude oil futures on Friday, minimizing a weekly loss for the energy commodity Read more
- Cattle futures to slip as hot weather reduces demand: [2011 Jul 15 08:57 AM] Cattle futures are slipping as a result of speculation about reduced yearning for red meat during a heat wave in the U.S. Read more
- Gold futures ease as investors sell: [2011 Jul 15 05:00 AM] Gold futures dropped in value Friday morning after debt worries in the euro zone and the U.S. prompted investors to sell bullion after it notched record highs earlier in the week. Read more
- Gold futures again set highs, drive toward $1.6k: [2011 Jul 14 05:44 AM] Gold futures set record highs for the second straight day on Thursday as the $1,600 per troy ounce benchmark was well within striking distance. Read more
- Sugar production to slip in Brazil: [2011 Jul 13 05:50 PM] Production of sugar from the globe's largest processing region will slip due to reduced generation from crops, according to an industry association. Read more
- Nigeria will benefit from cocoa industry regulation, trade association says: [2011 Jul 13 03:40 PM] A trade association in Nigeria believes earnings from cocoa beans will climb if the government assembles a regulator of the industry. Read more
- Bullion sets record prices: [2011 Jul 13 09:12 AM] New record highs came Wednesday morning for gold futures, which crashed through top prices that had remained for 10-plus weeks. Read more
- Copper futures rise as demand from China, India scale: [2011 Jul 13 07:38 AM] Copper futures were driving higher Wednesday morning, pushed up as the peso of Chile closed Tuesday trading sessions on the upswing. Read more
- Chinese demand pushes up silver futures: [2011 Jul 13 06:08 AM] Wednesday morning saw silver futures climb higher as the precious metal drives toward the benchmark price of $40 per troy ounce. Read more
- Gold futures drive toward record highs as Ireland's rating falls: [2011 Jul 13 04:54 AM] Gold futures were driving toward record highs Wednesday morning and poised to gain in value for the seventh straight day as the spreading sovereign debt crisis prompted investors to seek a haven investment. Read more
- Central banks' bank sees mass amounts of gold pulled out: [2011 Jul 12 03:04 PM] The past 12 months have seen nation's central banks withdraw approximately 635 tons of gold from the Bank for International Settlements, according to the bank's annual report. Read more
- Coffee futures slide as dollar strenghtens: [2011 Jul 12 07:35 AM] Worries about the sovereign debt crisis pushed down coffee futures Tuesday amid the dollar's gaining strength as the euro dipped. Read more
- Dollar climbs as euro, gold futures fall: [2011 Jul 12 05:48 AM] Gold futures slipped Tuesday morning as the U.S. dollar gained in value in response to the euro flailing amid the sovereign debt crisis widening. Read more
- Increasing dollar dissuades cotton traders: [2011 Jul 11 05:40 PM] Cotton futures drove down in value Monday as the dollar's sharply increasing value deterred exports of the soft fiber and other commodities. Read more
- Oil futures follow euro's downward slide as dollar strengthens: [2011 Jul 11 03:57 PM] Debt concerns and reduced Chinese demand for oil pushed down crude oil futures on Monday. Read more
- Copper futures slump amid eyes falling on Italy: [2011 Jul 11 08:46 AM] Concern about slumping economic growth decreasing demand for copper pushed down the industrial metal's futures on Monday. Read more
- Sixth straight session of gains within reach for gold futures: [2011 Jul 11 05:36 AM] The slowing economic rebound and the sovereign debt crisis are likely to drive up the value of gold futures values on Monday for the sixth straight session. Read more
- Copper futures drop following poor economic data: [2011 Jul 08 04:12 PM] June payrolls' poor performance in the U.S. helped push down copper futures Friday the most in nearly two weeks. Read more
- Oil futures slip as fallout from disappointing jobs report: [2011 Jul 08 03:47 PM] June's low job creation rates and higher than expected unemployment numbers pushed down oil futures on Friday. Read more
- Cocoa supplies reach sufficient levels: [2011 Jul 08 08:24 AM] Sufficient supplies of cocoa pushed down the commodities futures on Friday. Read more
- Gold's luster protects more than wealth: [2011 Jul 08 06:39 AM] One of the most precious metals has traditionally been valuable during rough economic times to protect wealth. Read more
- Debt concerns to drive gold futures on Friday: [2011 Jul 08 05:14 AM] Gold futures are poised to climb in value on Friday as pushed by worries about the sovereign debt crisis in the euro zone. Read more
- Republican senators promote elimination of tax burden on gold, silver coins: [2011 Jul 07 03:30 PM] Three Republican senators introduced legislation to eliminate a tax burden on gold and silver coins used as legal tender. Read more
- Copper futures climb as interest rates rise: [2011 Jul 07 09:04 AM] Copper futures are pointing up after the biggest user of the metal increased interest rates, Bloomberg reports. Read more
- Recovery struggles, euro zone debt to push up gold futures: [2011 Jul 07 04:52 AM] Preoccupations about the slowing recovery from the global recession and the sovereign debt crisis emerging anew are likely to drive gold futures higher on Thursday. Read more
- Sugar production in France aims for record amount: [2011 Jul 06 04:01 PM] France's production of sugar projects to notch record values due to strong growth of plants following early planting and April climes that were warm, according to a French agriculture researcher. Read more
- Manufacturing increase helps drive silver prices: [2011 Jul 06 06:00 AM] Demand for metals used in manufacturing helped push up silver prices more than 5 percent on Tuesday Read more
- Debt worries to drive gold futures: [2011 Jul 06 05:01 AM] Debt worries on both sides of the Atlantic Ocean are poised to push up gold prices on Wednesday. Read more
- Pork demand on the rise in U.S.: [2011 Jul 05 08:55 AM] Demand for pork is rising in the U.S., pushing up hog futures the most since the middle of June. Read more
- Gold futures hover near $1.5k barrier: [2011 Jul 05 05:01 AM] Gold futures were hovering near the psychological barrier of $1,500 per troy ounce on Tuesday morning after a three-day break in trading. Read more
- Kenya coffee crops likely to be subject to invasive pests: [2011 Jul 01 04:21 PM] Various pests are posing threats to coffee growers in Kenya, according to an organization concerned with the commodity's well being. Read more
- Slackening manufacturing pulls down oil futures: [2011 Jul 01 10:45 AM] Friday saw oil futures drop in price as manufacturing growth fell in the U.S., China and the euro zone. Read more
- British mall sees gold vending machine open on Friday: [2011 Jul 01 09:41 AM] A vending machine at a London mall began selling the most precious commodity on Friday. Read more
- Oil's drop, dollar's climb push gold futures to 6-week low: [2011 Jul 01 06:24 AM] Greece's advancement in preventing a default pushed down gold futures for the second straight day. Read more






