Gold rose after physical buyers of bullion grabbed the chance offered by the previous session's record-breaking one-day drop, but investors expected more falls.
The markets and the economy will move past the Boston bombings "relatively quickly," but there may be some "lingering impact," Ameriprise Financial's chief market strategist says.
The recent plunge in gold prices could be a silver lining for this Asian country, which is the largest consumer of the precious metal. Find out why.
Gold may have suffered its biggest one-day decline this week but that hasn't stopped some gold bulls from standing firm.
Japan and Australia led gains as Asian indices ended mixed on Wednesday.
This week's sell-off in global financial markets, which has spared few asset classes, may well reflect investors reassessing their outlook for the global economy.
The market often falls more rapidly than it rises. Gold's fall towards $1,260 may happen in several weeks.
The stock market was already shaky before two blasts rocked the Boston Marathon. On Tuesday, traders will be seeking answers about who was behind the attacks.
Stocks finished at session lows Monday, posting their sharpest one-day drop this year, as disappointing economic data from China triggered a selloff in commodities.
The yen rose from recent multi-year lows against the dollar and euro on Monday amid renewed worries about the global economy.
Brent crude oil sank to a nine-month low on Monday, after bleak Chinese and U.S. data stoked worries of a slowdown in economic growth in the world's top oil consumers.
Prices for U.S. Treasurys rose on Monday on disappointing economic data from the United States and China, with gains accelerating after explosions near the finish line of the Boston Marathon fueled a bid for safety.
Gold plummeted more than 9 percent, and settled down more $140 per ounce, as investors ditched the precious metal en masse in search for better returns in other assets.
European shares closed lower on Monday, after news of an unexpected slowdown in China sparked a commodities sell-off.
Gold prices continued to plummet Monday on Cyprus selling concerns, Dennis Gartman, editor of The Gartman Letter, told CNBC.
Many gold producers will struggle to stay afloat if the gold price slumps below $1,200 analysts have told CNBC.
Asian stock markets pared back some of their losses on Tuesday, after they were initially hurt by a sharp sell-off in commodities and concerns about the outlook for growth in the world's biggest two economies.
Earnings season kicks into high gear in the week ahead. Plus, at least 10 Fed speeches. How risk-averse are investors? Oh, this is going to put them to the test. Rest up.
Disappointing Chinese gross domestic product (GDP) data led major Asian benchmarks lower on Monday, as investors fretted over slowing growth in China.
Why did the spot price of gold end the session with its biggest one-day fall in more than a year?
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