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 Bertha Coombs talks with trader Thomas Vitiello of Arum Options Strategies about gold and silver hitting their lowest levels since September 2010.
Gold settled down more than 6 percent Thursday as investors fled after the Federal Reserve gave a signal that it plans to end the era of easy money.
Gold hit its lowest in more than 2-1/2 years on Thursday, with investors exiting in droves after the Fed gave its most explicit signal yet that it plans to bring end QE.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Following the Fed's statement, oil and gold both sold off, as Bernanke struck a more upbeat tone on the economy, she says.
Fast Money traders Jon Najarian and Steve Weiss debate a bear versus bull play on the precious metal.
The poor man¿s gold ¿ silver ¿ could outperform the bullion, according to Simon Mikhailovich, Co-Founder at Tocqueville Bullion Reserve. Here's why.
Gold prices erased earlier gains on Wednesday as investors digested the possibility of tapering and the US dollar rose.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Oil extended its run today, while metals took it on the chin. Traders are watching Bernanke for indications that he'll taper sooner rather than later.
There are gold bears and gold bulls. And then there’s Ron Paul.
CNBC's Bertha Coombs reports on how the metals are doing amid worries about Fed policies and housing reports. The dollar was down, but so was gold, ahead of this week's Fed meeting.
Peter Schiff, CEO of Euro Pacific Capital, says that rising consumer confidence is based on "phony growth" and that the Fed's action could lead to a dollar crisis and a worse financial crisis than in 2008.
Gold has emerged largely unscathed from the sharp selloff that's gripped markets in recent weeks, but this week's meeting by the Federal Open Market Committee could be a game changer.
Gold futures settled lower at $1366 per ounce as U.S. equities rallied and bullion buyers took to the sidelines before the conclusion of a two-day Fed policy meeting.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Oil was up to nearly $99/barrel before closing below $98. The situation in Syria and the week's Fed watch is having an impact.
Gold dropped as the U.S. dollar rose, reports CNBC's Sharon Epperson. Traders are waiting to hear from the Fed this week.
This pro trader says what will drive the gold market this week.
Gold settled lower at $1,383 on Monday as a Wall Street rally decreased the need for safe-haven buying, with investors awaiting this week's US Fed meeting.
Investors are fleeing gold, whose price has slumped 10 percent over the past 3 months. But Indians are so gold crazy they're sacrificing their country's economy. The GP reports.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Oil is its highest level in 9 months, due to concerns over Syria. The G8 and FOMC meetings will be key next week, as well.
This pro trader explains how to use the technicals to predict gold's next move.