There's no reason to own gold in U.S. dollar terms, commodities trader Dennis Gartman said Monday.» Read More
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude was down on the day, which could be signalling a pause in the markets. Gold was down on the day as money poured into stocks. And unseasonably cold temperatures pushed nat gas up on the day.
Spot gold extended its seemingly unstoppable run last week but Michael Widmer, a strategist at BoA Merrill Lynch, believes that persistent headwinds could end this move higher.
Gold settled lower after briefly touching a six-month high as appetite for risk remained cautious following Crimea's vote to break from Ukraine.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets and looks ahead to next week. Oil and nat gas were up slightly today, Gold hit a six-month high, but dropped after word came out Russia would not intervene in Ukraine.
Gold ended higher as investors added it as an insurance before a key vote in Crimea over the weekend to decide whether the region will join Russia.
Dominic Schnider, Head of Non-traditional Asset Classes at UBS Wealth Management, discusses copper's recent slump and his bearish stance on the precious metal. He sees the latter falling to $1,050 this year.
Gold managed to log a modest gain on Thursday after stronger-than-expected US jobs and retail sales data lifted the dollar off early lows.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil dropped to $97 on China concerns and a huge oil inventory build this week. Nat gas took a breath on warmer temperatures. And gold was up while copper was down again.
Gold hit a near six-month high, as fears of more corporate defaults in China and the geopolitical tug-of-war in Ukraine hurt equity markets.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.
Gold, up 10 percent already this year, is likely to move higher as investors seek safety, ahead of Sunday's referendum in Crimea.
Gold settled higher as fears of an economic slowdown in China and Ukraine's geopolitical crisis keep investors seeking safe-haven bullion.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Disappointing China data dominated the markets, which drove oil down. Copper was down, as well. Gold closed up about $3 on the day.
Martin Arnold, director-research analyst at ETF Securities, says gold continues to provide good diversification and adds that at current levels, a "modest grind higher" is to be expected this year.
Gold settled higher as support from the standoff in Ukraine offset pressure from last week's strong US jobs data and weakness in other commodities.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude was up after a stronger-than-expected jobs report; gold prices were weaker for the same reason; and natural gas was off slightly on the day.
Gold ended 1 percent lower after stronger-than-expected U.S. jobs data helped soothe fears of an abrupt slowdown in the world's biggest economy.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. A mixed day in the energy pits. Crude was down a bit and nat gas popped after a drawdown that was greater than expected.
Looking ahead to tomorrow's employment report, Jim Iuorio, TJM Institutional Services, and Jeff Kilburg, KKM Financial, discuss how investors should trade today.
Gold gained about 1 percent, gaining support from the ECB's decision not take fresh action to inject liquidity into the eurozone's financial system.