Gold rose above $1,590 an ounce on Tuesday, gaining nearly one percent following comments by an ECB official that euro zone inflation pressures are abating, which was viewed as an indication of continued monetary easing.
The price of West Texas Intermediate (WTI) crude oil is set to plummet to $75 per barrel as increased use of shale oil in the U.S. blots out demand for the energy source.
Talk of a "great rotation" out of bonds and into equities is misleading, according to Lombard Odier.
The most important number for COMEX gold is $1,540 an ounce. This has determined the precious metal's course in the past and could do so going forward.
As the Dow Jones hits another record closing high, Jim O'Neill, chairman of Goldman Sachs Asset Management turns cautious on equities.
Dennis Gartman says he's sitting out the stock market.
The dollar rose against the yen Monday, trading near a 3 1/2-year high set the previous session when strong U.S. jobs data spurred speculation the Federal Reserve could back away from its ultra-loose monetary policy.
U.S. Treasury debt prices slipped on Monday as U.S. employment growth and stock market gains curbed demand for U.S. safe-haven debt.
Oil fell below $110 on Monday after data from China revived worries over the economic recovery.
Gold rose slightly, as mixed Chinese economic data and Italy's credit downgrade encouraged some appetite for the metal as a safe haven, but prices were held in check by a firmer dollar.
Bank stocks held European shares below 4-1/2 years highs on Monday, depressed by a worsening outlook for Italy's public finances.
U.S. stock index futures struggled for direction Monday, following the Dow's rally to a record high, amid disappointing economic data from China and ongoing negotiations on the U.S. budget.
The bulls keep running on Wall Street, and a big part of the reason is because of investor confidence in the growing economic strength of American households, the New York Times reports.
Tokyo and Sydney stocks jumped to new multi-year highs on Monday, lifted by Friday's stronger-than-expected U.S. jobs data, while other Asian markets lost ground as mixed economic data from China weighed on sentiment.
Strong U.S. jobs data have given the dollar a leg up in the forex market, suggesting that an improving outlook for the world's largest economy is taking over as the main driving force for dollar gains.
After busting through records, some traders say the stock-market bulls will keep running as a mentality of "the train is leaving the station" triggers more buying.
Gold traded flat, ending the week with a slight gain, after data showed improvement in the U.S. economy but not enough for the Federal Reserve to halt its stimulus, analysts said.
The dollar touched a fresh 3 1/2-year high against the yen and a three-month high against the euro on Friday, buoyed by a stronger-than-expected U.S. jobs report.
Stocks finished higher across the board Friday with the Dow setting a new record high and all three major averages up more than 2 percent for the week, boosted by a stronger-than-expected monthly government payrolls number.
Prices of U.S. Treasurys fell on Friday, boosting benchmark yields to an 11-month high as data showed U.S. job growth picked up more than expected in February.