There's no reason to own gold in U.S. dollar terms, commodities trader Dennis Gartman said Monday.» Read More
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. The dollar got stronger, and crude was up for most of the day, due to short covering and a big drawdown on inventories.
Gold steadied near $1,200 as a rise in oil prices provided support, but strength in the dollar weighed on the metal's appeal as a hedge.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil was down 3 percent on the day, as the stronger dollar and technicals combined to drive the price.
Newmont Mining shares have already gotten crushed. So why does one trader think there's even more downside coming in the next three months?
Gold slipped on Tuesday on worries a strong dollar and volatile oil markets could undermine an overnight rally that lifted the yellow metal.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Traders think today's bounce can be expected, but lower oil is still ahead. Gold jumped to over $1,200, mostly on concerns about growth overseas.
When the price of gold falls, mining suppliers are often among the worst hit because they can't protect themselves from lower prices, history shows.
If no one expected the Swiss vote forcing the central bank to hold more gold to succeed, why is gold tanking?
Gold rebounded sharply from the 2 percent losses it posted after Switzerland voted against a proposal to boost its gold reserves
Dennis Gartman has questioned whether the Dutch repatriation of their gold reserves will damage the U.S.'s reputation.
CNBC's Phil Han explains an upcoming referendum in Switzerland that could see that country radically impact the gold industry worldwide.
With Switzerland edging toward an important referendum on its gold holdings, high-profile critics and advocates have added their voices to the argument.
Gold settled nearly 2 percent lower, extending a three-day slide to a two-week low.
Gold dipped for a second session on Thursday, holding below $1,200 an ounce, as outflows resumed from the top bullion exchange-traded fund.
CNBC's Bertha Coombs discusses the day's activity in the commodities markets. OPEC will announce a possible production cut tomorrow.
Gold prices slipped on Wednesday from this week's highs, as the market awaited a Swiss referendum on central bank gold reserves.
Alex Wong, Director of Ample Capital, describes how gold prices are impacting the jeweler's profit margins.
Recent strong US data has fueled talk that the Federal Reserve could soon raise interest rates, depressing gold.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Everyone is looking to the Saudis to see what they plan to do at this week's meeting. Traders figure they'll be less inclined to cut production.
Gold was stuck under $1,200 an ounce as the dollar was boosted by U.S. economic data.