Barrick Gold Corp. rose$. 26 or 2.0 percent, to $13.02. Gold Fields Ltd ADS rose$. 04 or. 9 percent, to $4.65. Newmont Mining Corp. rose$. 02 or. 1 percent, to $26.33.» Read More
Retail investors remained positive on gold in May, despite a sharp fall in demand, said BullionVault, an online trading platform for gold and silver.
Resource funds have had a tough run so far this year, but diamond miners have managed to emerge relatively unscathed, with many stocks surging this year.
Benoit Anne, head of emerging markets at Societe Generale, tells CNBC that the intervention of Zuma in South Africa had a really negative impact on markets.
With multiple investment banks signposting the end of the commodity supercycle, a World Bank director has warned developing countries that have benefited from the surge to protect themselves against a price crash.
Bank of America Merrill Lynch has sliced its 2013 outlook for silver, in a warning sign for investors that view it as a leading indicator for gold.
Warren Gilman, Chairman & CEO of CEF Holdings says the recent sell-off in commodities is a short term reaction that presents long term buying opportunities. He explains why he sees a resurgence in the commodities boom.
Peter Attard Montalto, emerging market economist at Nomura International, talks about the South African mining sector, the potential rise of further union unrest and the impact it would have on the country's economy.
Stan Shamu, Market Strategist at IG Markets says the yield play continues to be the dominant theme in Australia as the mining sector goes through a downgrade cycle.
Colin Hamilton, global head of commodities at Macquarie Group, tells CNBC that gold is being driven lower by a very strong dollar and continued ETF outflows.
Billionaire George Soros reduced his holdings of exchange-traded products backed by gold prior to last month's freefall.
Brad Partridge, Portfolio Manager at Macquarie Private Portfolio Management says the weaker Australian dollar provides an opportunity to invest in global industrial companies with exposure to the U.S. dollar, and recovering U.S. economy.
David Bradbury, Assistant Treasurer of Australia, says there is still room for the RBA to cut rates further. He also deconstructs Treasurer of Australia Wayne Swan's comments and the budget expectations stating that mining boom will continue while jobs remain the key focus.
Peter Toogood, investment services director at OBSR, Old Broad Street Research, comments on the mining sector and explains why mining stocks should never be seen as long-term secular hold.
Paul Renken, senior geologist and mining analyst at VSA Capital, questions ArcelorMittal's steel prices outlook, and discusses what it could do to reach its higher profit guidance for 2013.
John Meyer, analyst at SP Angel, tells CNBC describes the new CEO of BHP as the Alex Ferguson of the mining world based on his Glaswegian background.
CNBC's Sharon Epperson is watching the metals now. Palladium is the worst performing commodity of the day.
Ivan Colhoun, chief economist for Australia at ANZ, describes the Australian central bank's rate cut as an "insurance move" meant to weaken the currency and offset mining sector weakness.
Copper's downward trend foreshadows a stock market collapse, according to Societe Generale's bearish strategist Albert Edwards, who said equity markets will riot "Japan-style."
After years of on-off talks, Glencore's head Ivan Glasenberg gets to complete the $30 billion acquisition of Xstrata on Thursday, the mining industry's biggest takeover yet.
South Africa is the world's biggest gold producer after China, so you would expect this year's 15.6 percent drop in gold to have a big impact. Not so.