Demand for gold in India usually peaks near the Diwali holiday, but with a weaker economy Indians see silver as a cheaper alternative.» Read More
This pro trader explains what will drive gold on Friday.
The rout in gold, which is trading at its lowest level since September 2010, is expected to continue, with strategists not ruling out a move to $1000 an ounce.
Gold settled higher at $1,292 on Friday after hitting near three-year lows sustaining its biggest weekly drop in almost two years after the U.S. central bank signaled an end to QE.
A check on commodities after a big market sell-off, with John Kilduff, Again Capital; Alan Valdes, DME Securities; and Jim LaCamp, UBS.
CNBC's Bertha Coombs discusses the day's activity in the commodities markets. Today, commodities got crushed, following Ben Bernanke's remarks yesterday. Gold closed at a nearly three-year low. Oil was hit as well.
This gold bull now says he's a bear, and he explains why.
Gold is down 7 percent in just one week. Frank Holmes, U.S. Global Investors, and Tom O'Brien, The Gold Report editor, make the bull and the bear case for gold now.
Gold sees its biggest 1-day drop since April 16th, reports CNBC's Bertha Coombs. It's the lowest level since 2010. Weak data out of China drove down energy prices, as well, she says.
CNBC's Bertha Coombs talks with trader Thomas Vitiello of Arum Options Strategies about gold and silver hitting their lowest levels since September 2010.
Gold settled down more than 6 percent Thursday as investors fled after the Federal Reserve gave a signal that it plans to end the era of easy money.
Gold hit its lowest in more than 2-1/2 years on Thursday, with investors exiting in droves after the Fed gave its most explicit signal yet that it plans to bring end QE.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Following the Fed's statement, oil and gold both sold off, as Bernanke struck a more upbeat tone on the economy, she says.
Fast Money traders Jon Najarian and Steve Weiss debate a bear versus bull play on the precious metal.
The poor man¿s gold ¿ silver ¿ could outperform the bullion, according to Simon Mikhailovich, Co-Founder at Tocqueville Bullion Reserve. Here's why.
Gold prices erased earlier gains on Wednesday as investors digested the possibility of tapering and the US dollar rose.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Oil extended its run today, while metals took it on the chin. Traders are watching Bernanke for indications that he'll taper sooner rather than later.
There are gold bears and gold bulls. And then there’s Ron Paul.
CNBC's Bertha Coombs reports on how the metals are doing amid worries about Fed policies and housing reports. The dollar was down, but so was gold, ahead of this week's Fed meeting.
Peter Schiff, CEO of Euro Pacific Capital, says that rising consumer confidence is based on "phony growth" and that the Fed's action could lead to a dollar crisis and a worse financial crisis than in 2008.
Gold has emerged largely unscathed from the sharp selloff that's gripped markets in recent weeks, but this week's meeting by the Federal Open Market Committee could be a game changer.