Demand for gold in India usually peaks near the Diwali holiday, but with a weaker economy Indians see silver as a cheaper alternative.» Read More
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets and looks ahead at where oil and precious metals are likely headed next week. Oil was down on the day, as was gold, although it still closed over $1,335.
Gold steadied near 3-1/2-month highs as stock markets recovered from a selloff, with the metal still on track for a sixth week of gains.
George Gero, RBC Capital global futures svp, discusses what's driving the surge in demand for silver.
Gold also gained support from India's decision to keep the import duty on gold unchanged at a record 10 percent in the budget, against expectations.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Activity in Gaza drove up gold prices today, but didn't have an impact on oil prices, which fell, in spite of an inventory drawdown.
Spot gold extended earlier gains on Wednesday after the minutes of the Federal Reserve's most recent policy meeting were released.
Gold ended lower as investors awaited clearer signs from the US Federal Reserve that it is firmly on track to raise interest rates next year.
CNBC's Bertha Coombs discusses the day's activity in the commodities markets. Oil was down following the July 4th holiday. Gas was down 1 percent on fears of sluggish demand.
Gold fell as speculation over an earlier-than-expected hike in U.S. interest rates after strong jobs data dragged on prices.
Gold edged up on Friday, gaining some traction from weaker European shares, but was vulnerable to further losses after falling in the previous session.
Gold ended lower, halting a four-session win-streak, as the dollar extended earlier gains after U.S. nonfarm payrolls rose more than expected in June.
CNBC's Bertha Coombs discusses the day's activity in the commodities markets. Oil was down on the day, after the market grew less worried over supply disruptions in Libya. Gas prices are the highest they've been for a July 4th weekend over the last 6 years.
Investor sentiment for the precious metal gold fell to a 4½-year low last month, according to new research by London-based online exchange BullionVault.
Gold ended higher for a fourth straight session on Wednesday ahead of the release of the closely watched June payrolls report on Thursday.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude was down on the day, nat gas sold off, as well. Gold was up, however, as traders look to Thursday's job report.
Gold settled at its loftiest level since mid-April on Tuesday as bets that record-low interest rates will persist buoyed stocks.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude was down on the day, nat gas popped on the day as warmer temperatures drew traders back in. And gold closed up at $1,322.
Gold held near a two-month high, and looked set to post its second quarterly gain as geopolitical tensions boosted its safe-haven appeal.
Gold settled higher on Friday, posting its fourth straight weekly gain, as weak US data on consumer spending hurt the dollar.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude was down on the day, as traders seemingly grew less concerned about Iraq. Gold was down on the day, partly on concerns over declining Chinese imports.