There's no reason to own gold in U.S. dollar terms, commodities trader Dennis Gartman said Monday.» Read More
Gold settled lower on Friday, but logged a monthly gain as persistent concerns about a slowdown in the U.S. economy hurt the dollar.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.
Gold prices settled higher on Thursday due to a steady dollar, but remained well below the previous day's four-month high.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude edged higher today after the weekly inventory report showed a smaller build than expected. Nat gas dipped again on the day, as temperatures have been more moderate than expected. Gold was down about $13 on the day.
An appreciating U.S. dollar could see gold prices facing resistance at $1,420, says Mike Harrowell, Senior Resources Analyst at BBY.
Dominic Schnider, Head of Nontraditional Asset Classes at UBS Wealth Management, explains why the prices of the precious metal may see a bearish decline of double-digit this year.
Bullion rose to its highest in four months on Wednesday as weak U.S. economic data burnished its safe-haven appeal.
A Calif. couple out walking their dog stumbled across a modern-day bonanza: $10 million in rare gold coins buried in the shadow of an old tree.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil was down on the day, as investors worry about growth in China and the U.S. Nat gas was down on the day, as well. And gold closed at $1,342.70.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude was up slightly today, because of geopolitical issues around the world. Nat gas dipped on the day, and is now closer to $5 than $6. Gold closed at $1,338, and traders will watch Yellen to see where it's likely headed.
Gold ended near its highest in four months after disappointing US consumer confidence data augmented concerns over the pace of US economic recovery.
CNBC's Capital Connection team discuss the factors that are likely to fuel safe-haven inflows into gold.
Gold rebounded from intra day lows on Monday, adding to last week's gains, as speculators ditched equities on economic worries.
Concern of prolonged political unrest in Ukraine is raising fears of a sovereign default, fueling demand for safe-haven assets including bullion.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Traders say $7 nat gas is not out of the question. Cold weather continues to stifle oil supply, and that's driving prices higher. And gold stayed steady on the day.
Gold settled higher as the dollar turned lower after another batch of weak US data.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Nat gas was slightly lower today. Colder temps on the way kept the price over $6. Crude stayed high, as well, because colder temperatures make it difficult to get oil out of the ground. Gold was slightly lower today, but could still pop based on economic uncertainty.
Gold slipped on Thursday as the dollar firmed after minutes from a Federal Reserve meeting indicated support for continued tapering.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. The entire energy complex closed up as crude ended the day above $103/barrel. Growing demand in China is one reason. Meanwhile, natural gas climbed above $6, as a colder-than-expected forecast drove prices higher.
Dennis Gartman, "The Gartman Letter" founder and editor, explains why he likes gold when it is measured in terms of the Japanese yen.