Jon Nadler

Senior Metals Market Analyst

I Walk The Line

Yesterday's intra-day spike to record highs in the oil market dematerialized quicker than a crewmember on Star Trek and by early this morning the value of a barrel was very near $133 instead of $140. The greenback regained a little bit (Jun 17, 2008 11:10AM)

Oil Vey!

Spot gold trading started the new week with impressive (but hollow) gains as the dollar's renewed erosion and initially much higher price levels in oil once again dominated sentiment. Certainly, the greenback and its prospects for (Jun 16, 2008 4:47PM)

Don't Let Me Down

Gold prices gained a few dollars overnight following a lack of formal dollar-supportive sentences in the G-8 summit's joint statement released on Sunday. Oil prices gained slightly but traders are mindful of Saudi Arabia's (Jun 16, 2008 12:34PM)

Saudis Say: May We (try to) Change Your Oil?

Friday's New York session had gold modestly on the downside for most of the day, as the trade tallied the results of an extremely choppy week and decided not to participate heavily at all. Amid lackluster trading, the metal bounced (Jun 13, 2008 6:05PM)

Friday the 13th Part X: The Greenback Returns

Gold continued to erode in value overnight as background developments in oil and the dollar turned a notch further on the negative scale for the metal. The precious metal fell to a low of $858 ahead of the NY open as black gold slipped (Jun 13, 2008 10:50AM)

Hiking Boots Recommended

Wednesday's gains in gold were easily undone overnight, and prices fell sharply for most of Thursday's session as the market's roller-coaster pattern continued amid the high-noon standoff developing between the Fed and the US (Jun 12, 2008 4:46PM)

Shop and Drop

Gold's midweek gains were undone in a hurry overnight as the roller-coaster pattern continued amid the standoff developing between the Fed and dollar bears. Depressed by a surging (up .64 to 73.87 on the index) US dollar and a (Jun 12, 2008 11:43AM)

Competitive Hawkishness Emerges

Gold prices regained 1% of the 3% they lost in yesterday's rout overnight, as scattered physical buying emerged in Asia. Reports from India show that demand dried up shortly after prices started to recover and buyers are still (Jun 11, 2008 10:24AM)

U Can't Touch This (Dollar)- It's Hammertime!

In a complete reversal (and then some) of Friday's powerful but mainly oil-driven rise, gold prices fell victim to selling pressure that (at least today) was mostly dollar-driven. While oil spent a good part of the morning on the plus (Jun 10, 2008 2:59PM)

Bake Sale in Wheat?

Most of the commodities which rose last Friday eased today whilst formerly falling niches such as stocks and the dollar regained some lost ground on the day. Following last Friday's memorable spikes in oil and in gold, (as was (Jun 09, 2008 2:39PM)

CFTC to Investment Banks: Speculate This!

The new week started on a mixed note in overseas markets following last Friday's memorable spikes in oil and in gold. As we expected, some posturing did emerge over the weekend regarding the melt up in oil prices. The G-8 (Jun 09, 2008 8:59AM)

Mushroom Clouds and Friday Night Fights

A staggering 8.5+ % upward move in oil (to a new record near 139) followed yesterday's already historic gains in the commodity and it promptly translated into a 2% gain in gold, a 2.6% fall in the Dow, and a near .80% drop in the dollar (Jun 06, 2008 2:40PM)