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New York Fed President William Dudley said the economy is too weak to taper. CNBC's Sharon Epperson reports gold is settling in the red.
Gold settled under $1,330 on Monday as confusion over the outlook for U.S. monetary policy dragged on.
CNBC's Bertha Coombs discusses the day's activity in the commodities markets and looks ahead to where oil and precious metals are likely headed next week.
CNBC's Bertha Coombs reports gold, silver and copper snapped weekly losing streaks.
Gold is on track for its biggest weekly gain in five weeks on Friday as many analysts now believe the good times might be back for the precious metal. But rather than buying gold outright, one mining analyst recommends investors buy small mining companies that he calls "recovery plays".
John Meyer, analyst at SP Angel, tells CNBC that the outlook for gold stocks is pretty good and he expects to see a resurgence of funds going into the sector.
Taimur Baig, Chief Economist, Asia at Deutsche Bank says that the Fed's guidance was clear and markets seemed prepared but with no taper this time, he expects the Fed to move in December.
Gold settled lower on Friday, paring the rally it made after the Fed's surprise decision this week to maintain monetary stimulus.
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CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.
CNBC's Sharon Epperson speaks to Kevin Grady of Phoenix Futures & Options about the massive gains seen in gold prices after the Fed's "no taper" announcement on Wednesday.
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Gold settled higher and hit one-week highs on Thursday after the Federal Reserve chose not to cut back on its asset-buying program for now.
The metal continued to gain ground in after-hours trading, to a session high of $1,367.80 an ounce.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed.
Gold traders await the monetary policy statement from the Fed. CNBC's Sharon Epperson reports on the close in metals, saying copper futures saw some bids from Chinese bargain hunters.
The former congressman said that if the government continues on its current course, it will end up like Detroit.
Gold soared around 3 percent on Wednesday after the Federal Reserve said it would continue buying bonds at an $85 billion monthly pace for now.
CNBC's Bertha Coombs discusses the day's activity in the commodities markets. Oil hit a two-week low as concerns over Syria continued to ease. And Libyan production seems to be coming back online, as well. And nat gas hits a 7-week high.