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
Find out why this pro trader sees more trouble for gold.
Colin Hamilton, global head of commodities at Macquarie Group, tells CNBC that gold is being driven lower by a very strong dollar and continued ETF outflows.
Gold and silver prices gained about 2 percent after a roller-coaster session that opened with a gut-wrenching dive in silver prices to their lowest in 2-1/2 years before an abrupt midday turnaround.
Virginia McGathey, McGathey Commodities, weighs in on the decline in coffee prices.
Gold has just pushed below its April closing low of $1361.10, reports CNBC's Sharon Epperson.
This pro trader runs down the key levels for the gold market.
Dhiren Sarin, Chief Technical Strategist, Asia Pacific at Barclays says Japan is only recently catching up to the easing monetary policies of the West so it is feasible to expect the Nikkei to reach highs of 18,000.
Bruce Kasman, Chief Economist & Managing Director of Global Research at JP Morgan says that the global environment is shifting in favor of risky assets with reduced tail risks after global central bank moves.
Gold fell for a seventh straight session on Friday, as speculation that the Federal Reserve may soon rein in monetary easing lifted the dollar.
CNBC's Bertha Coombs discusses the day's activity in the commodities markets. After the dollar slipped, oil and gasoline futures climbed a bit. Nat gas was down on a bigger-than-expected build. A mixed picture in the metals markets, as well.
CNBC's Bertha Coombs reports on gold from the NYMEX. Meanwhile 13F filings reveal what heavyweight money managers are buying and selling when it comes to the metals and miners, with CNBC's Josh Lipton. George Gero, RBC Capital Markets, and Mihir Dange, Grafite Capital, also weigh in.
Japan's wrong-headed policies doom it to injecting more money into the system, spurring inflation, which will dramatically boost the price of gold, said Euro Pacific Capital's Peter Schiff.
The FMHR crew have the play on Wal-Mart, Groupon, and Williams Lyon Homes. And, a look at the trade on gold, with the Futures Now team and CNBC's Josh Lipton.
Billionaire George Soros reduced his holdings of exchange-traded products backed by gold prior to last month's freefall.
Even as gold prices tumble a tug of war between physical buyers and institutional sellers will put a floor under the precious metal, said analysts.
Gold investment nearly halved in the first quarter as a brighter view of the U.S. economy prompted investors in the West to favor other assets like stocks over bullion.
Gold settled lower at $1,386 per ounce after it hit a four-week low, declining for a sixth straight day for the first time in more than four years.
CNBC's Bertha Coombs says negative economic data from Europe put pressure on commodities overall. Prices at the pump are 12 cents below where they were a year ago.
Greenlight Capital added to its stake in Oil States International, reports CNBC's Josh Lipton.
Wednesday was a tough day for gold, as it dropped to below $1,400 for the first time in nearly a month. But traders foresee still more pain for the precious metal.