Barrick Gold Corp. fell$. 03 or. 2 percent, to $15.40. Gold Fields Ltd ADS fell$. 01 or. 3 percent, to $3.55. Newmont Mining Corp. fell$. 18 or. 8 percent, to $23.02.» Read More
Goldman Sachs analysts cut their outlook for the price of Brent oil and for copper going into 2012, saying that they see "a flatter upward trajectory for commodity prices, with increasing risks to both the up and the downside."
Commodities markets have become increasingly popular with investors in recent years as they have embarked on what many believe to be just the start of a secular bull market – or super-cycle. If they are correct, commodities’ run will last for another decade or more as the global economy rebalances towards emerging markets like China and Brazil.
Robin Griffiths, technical strategist at Cazenove Capital, joined CNBC to take a technical look at the Hang Seng, Rio Tinto, and spot gold.
Copper is regarded as a great lead indicator for the global economy. It has sold off hard over the last quarter. But what is next? Brenda Sullivan, senior market strategist at Sucden Financial, joined CNBC to discuss.
James West, The Midas Letter, weighs in on the drop in gold prices and how long the sell-off will last.
Gold's recent sell-off belies its long term attractiveness and investors should avoid the panic and stay faithful to the precious metal, Dominic Schnider, Commodities expert at UBS Wealth Management told CNBC Thursday.
Lou Grasso, Millennium futures trader has the details on the pop in the precious metal.
Marc Faber, author of the Gloom, Boom and Doom Report, tells CNBC that he thinks gold could fall to $1,100 an ounce by the end of the ongoing sell-off
The London Metal Exchange on Friday became the latest exchange to be swept up in consolidation when it said it had “received several expressions of interest with regard to potential strategic transactions”. The FT reports.
CNBC's Sharon Epperson has the details on what's driving the surge in the precious metal.
European central banks have become net buyers of gold for the first time in more than two decades, the latest sign of how the turbulence in the currency and debt markets has revolutionized the bullion market. The FT reports.