There's no reason to own gold in U.S. dollar terms, commodities trader Dennis Gartman said Monday.» Read More
The Futures Now team discusses the spike in gold Thursday morning on Russian President Vladimir Putin's comments.
Gold was underpinned after Ukrainian forces killed up to five pro-Moscow rebels as they closed in on the separatists' military stronghold in the east.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Downward pressure on stocks drove down oil prices today. Nat gas was up slightly on the day, albeit in a tight range. And gold was up slightly on the day, closing at $1,284.60.
Gold managed a modest gain, settling above a key technical support level, though it may be vulnerable to further losses as demand remains slack.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude oil prices were under pressure; traders are eying tomorrow's Department of Energy report; natural gas got a small bump up, closing at $4.74, and traders are looking for a catalyst to get back on the long side of gold.
Gold prices fell to a near-three-week low on Monday. For those with an eye on silver the erosion of gold's recent gains should come as no surprise.
Gold extended losses for a fourth straight day as outflows from physical gold funds pointed to weak investment appetite.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude closed higher at the end of the day, after an up-and-down session. Ukraine is still key. Nat gas was down on the day, but still above the key $4.50 technical level. And gold was down below $1,300 on the day.
Boris Schlossberg, BK Asset Management; Ed Keon, Quantitative Management Associates; and Krishna Guha, ISI Group, discuss the strong euro, the play on the Japanese yen and whether the markets are fairly valued.
Albert Cheng, Managing Director, Far East at the World Gold Council, describes the benefits of China's decision to allow gold imports via Beijing.
Gold fell to a two-and-a-half-week low on Monday, hurt by sharp ETF outflows and a stronger dollar.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil closed up on the day, and nat gas closed up, as well, while gold was down on the day.
Gold ended lower as the dollar gained and accommodative Fed policy counterbalanced worries over the strength of Chinese demand.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil was up slightly on the day in spite of a 10 million barrel build. Nat gas remained over $4.50, and gold was up a bit at the close.
Gold was underpinned by escalating tensions in Ukraine but still under pressure from a concerns over a slowdown in Chinese demand.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. A volatile day for stocks, but commodities were not. Crude was down slightly, but could be ready to break out because of Ukraine. Gold closed down $27 on the day, it's worst drop for the year. And nat gas
Gold has given back a week's worth of trades in one day, reports CNBC's Jackie DeAngelis. Some gold traders say now is the time to buy.
After last year's massive bullion buying spree, China's gold fever is set to cool in 2014, said the World Gold Council.
Simona Gambarini, associate director of research at ETF Securities, says gold price will remain supported due to heightened risks and discusses the outlook for platinum and palladium.
Selling accelerated after gold broke through its 200-day moving average of $1,300, a key level where many traders placed their stop-loss orders.