CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Traders appear more enamored with stocks than commodities, she says. Record crude supplies are pressuring prices downward. And gold is still under pressure.
Gold fell 1 percent in choppy trade as the dollar rose to a four-year high against the yen and rallied against the euro, decreasing bullion's appeal as a hedge against U.S. currency depreciation.
What's the trade on the credit market now? Anthony Scaramucci, SkyBridge Capital and the FMHR traders, provide perspective. Brian Shapiro, SPAG CEO, shares his top stock picks.
Gold settled more than 1 percent higher on Wednesday, rising for the first time in three sessions as a drop in the dollar and strong physical bullion buying helped offset a continued decline in gold-backed exchange-traded fund holdings.
Gold ended lower as its appeal as an alternative investment faded after equity markets rose on prospects of sustained central bank stimulus, while holdings in exchange-traded funds slipped to their lowest in more than three years.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Traders are watching the situation in the Middle East and whether violence could spread throughout the region, she says.
Jim O'Neill, outgoing chair of asset management at Goldman Sachs, talks about making returns in time of crisis, austerity and his "first love": foreign exchange.
Gold futures settled higher, with some buyers tempted back to the market after a second week of gains suggested last month's price slide to a more than two-year low has run its course for now.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Tomorrow, traders will be watching U.S. oil inventories as well as China trade data.
Private investors took advantage of lower prices after bullion's historic sell-off. "It's apparent" they were waiting for the right opportunity, according to BullionVault.