There's no reason to own gold in U.S. dollar terms, commodities trader Dennis Gartman said Monday.» Read More
Gold settled more than 2 percent lower on Monday after better-than-expected U.S. manufacturing data prompted bearish bets on bullion.
The results of CNBC's gold survey reveals that 73 percent of respondents are bearish on the yellow metal for the week ahead.
CNBC's Bertha Coombs discusses the day's activity in the commodities markets. Crude was down for the third straight month due to overproduction and soft demand.
The spot gold price took its worst monthly tumble in November for 35 years, continuing the precious metal's steady decline in 2013.
Gold settled higher, but suffered its biggest monthly drop in five months.
Miguel Perez-Santalla, VP of Bullion Vault, says China's growing economy allows it to have a stronger position on gold.
Gold snapped a two-day decline on Thursday but gains were kept in check fears of an early winding-down of the Fed's stimulus.
CNBC's Bertha Coombs discusses the day's activity in the commodities markets. There's was a mixed trade for oil today, but a bullish day for nat gas, as the drawdown was bigger than expected. Oil hit a 5-month low after a bigger-than-expected build.
Gold ended lower after strong U.S. data stoked fears that the Federal Reserve would soon begin rolling back stimulus measures.
After the sharp drop in both gold and oil, you may be inclined to think both are buys. But they’re not.
CNBC's Bertha Coombs discusses the day's activity in the commodities markets. Traders are looking ahead to inventory numbers after the deal with Iran. They expect a build of about 800,000 barrels, she says.
Gold settled higher, but spot gold dropped as encouraging US housing activities stirred fears the Fed will soon scale back stimulus.
If you're a gold bull with an appetite for risk, Cramer has a stock for you.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets. There was a muted reaction to the deal with Iran in the markets, she says. Still, gas prices could fall, depending on the situation at U.S refineries.
CNBC's Sharon Epperson reports metals pared losses following the Iran nuclear deal.
The spot gold price may have baffled investors since its move south last December, but analysts at Citi now see the precious metal being a leading indicator of U.S. Treasurys.
Gold settled lower on Monday after a volatile trading session.
Goldman Sachs predicts a "significant decline" in gold in 2014, following losses of around 26 percent in the previous metal so far this year.
Greg Smith, Group CEO of Global Commodities, says it's not a bad time to build a position into yellow metal at its current levels.
Gold eyed its sharpest weekly drop in more than two months as strong data and Fed taper talk sent the metal to its lowest since early July.