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Gold fell 1.5 percent on Wednesday, slipping below $1,400 an ounce as strong U.S. auto sales boosted economic hopes and fears of a Western-led military strike against Syria lost some of their urgency.
CNBC's Bertha Coombs discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.
The Senate Foreign Relations Committee is holding a hearing on Syria. CNBC's Eamon Javers reports Sec. of State John Kerry and Defense Sec. Chuck Hagel will testify. Helima Croft of Barclays, provides perspective on the impact to oil.
Gold rose to a 3.5 month high of $1,433.31 an ounce last week, but has since retreated. CNBC's Bertha Coombs has the details.
As Congress prepares to vote on President Obama's plan for military action in Syria, traders are keeping an eye on the impact to gold and oil. Mihir Dange, Grafite Capital, and Jeffrey Grossman, BRG Brokerage, offer insight.
Gold climbed 1.4 percent on Tuesday after President Barack Obama won the backing of two top Republicans in Congress in his call for limited U.S. strikes on Syria.
Gold edged below $1,400 an ounce on Monday as a delay in possible U.S. military action in Syria and improved economic data from China and Europe boosted the appetite for riskier assets.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets and looks ahead to where oil and precious metals are likely headed next week.
Gold slid below $1,400 an ounce on Friday as the dollar rallied to a four-week high and investors squared positions at the end of the month and cashed in on a recent run-up ahead of a long U.S. holiday weekend.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets. Energy and metals were lower on a stronger dollar. The situation in Syria continues to preoccupy traders, even though military action does not appear to be imminent.
Gold is on pace for a 7 percent gain in August, reports CNBC's Bertha Coombs. However, the metal snapped a 5-day winning streak due to a Syria threat seemingly less imminent.
Gold fell nearly one percent on Thursday after a five-day rally as concerns abated that U.S.-led forces would soon launch a military strike on Syria.
CNBC's Courtney Reagan discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.
The Arab League said today it doesn't really want the U.S. to attack. Discussing his opinions on what President Obama should do, with Frank Gaffney, Former Assistant Secretary of Defense.
Oil prices surged with Brent crude up 4 percent since Monday. Alan Harry, Spartan Commodity Fund, and Thomas Vitiello, Aurum Options Strategies, weigh in.
"Buy gold and sell euros," closely followed investor Dennis Gartman tells CNBC, citing the Syria crisis.
Gold is the bullish play to make, says Dennis Gartman, The Gartman Letter, explaining why investors should keep exposure to equities lows and consider selling bonds, as turmoil in the Syria continues.
Michael Santoli, Yahoo! Finance, and Maury Harris, UBS Investment Research, discuss how Syrian concerns have hit stocks, pushed oil prices higher, and sent gold to a three-month high. Also a look at what's prompting the recovery in housing.
The spot gold price briefly rose above $1,430 an ounce to a three-and-a-half-month high on Wednesday on safe-haven buying as the United States and its allies looked set to launch military strikes on Syria.
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.