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. Oil started out lower but had a technical rebound. Traders bought the dips, but expect it to continue its fall. Gold popped on the day.
Gold rose for a second straight session on Tuesday, reversing earlier losses to trade above $1,200 an ounce.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. It was a very rough day for crude. Nat gas was down, as well.
Gold firmed as European equities fell, but prices struggled to reach the $1,200 per ounce level.
Gold fell more than 1 percent as better-than-expected jobs data beat forecasts fueled expectations that the Fed will raise interest rates sooner.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Comments out of Saudi Arabia that the market will stabilize at around $60/barrel put downward pressure on oil's price. Nat gas and gold were down, as well.
Gold ended lower as the euro rebounded against the dollar after ECB chief Mario Draghi said the bank would reevaluate the case for more stimulus.
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.