Jon Nadler

Senior Metals Market Analyst

I'll See Your Quarter, and I'll Raise You A Half

Bullion prices fell to five-week lows earlier on Thursday, touching $863.80 in the wake of early morning fresh gains in the US dollar and an additional slippage in oil prices. The dollar rose to 73.75 on the index as expectations that the ECB (Jun 05, 2008 3:47PM)

Cum Laudae

Bullion prices fell to three-week lows overnight, touching $867.50 in the wake of fresh gains in the US dollar and an additional slippage in oil prices. The dollar rose to 73.75 on the index as expectations that the ECB will stand pat once (Jun 05, 2008 8:54AM)

Dennis [Sees] the Menace

A marked slowdown in activity and a narrowing of the trading range in the overnight hours followed yesterday's drama in the gold market. Prices oscillated between nearby support at $875.00 and a high of near $884 per (Jun 04, 2008 10:50AM)

Day of The Living Dead

It came without warning. Not. Whereas previous dollar-supportive statements from folks such as the Treasury's Mr. Paulson had been sent up as trial balloons in the markets, today's statement by the Fed's head, Mr. Bernanke (Jun 03, 2008 4:49PM)

The Bernanke Effect

Ben Bernanke's dollar-supportive words had a chilling and immediate effect on both gold and oil. The commodity duo started to fall apart shortly after comments by the Fed Chairman echoed the sentiment that an unwelcome rise (Jun 03, 2008 11:19AM)

Things Are Looking Up, Down on the Farm

Confined to an $890-$898 range overnight, gold did not do much more than track a markedly slower trade in oil (at just under $128) and a marginally lower US dollar (at 72.80 on the index). Although Asian fabrication demand remained (Jun 03, 2008 11:18AM)

The (Impending) Return of The Living Dead

A near one percent recovery took place in gold during its first June trading session. Following its worst weekly drop in over 60 days, gold found some old friends in Asia over the weekend - buying of the metal by jewelry fabricators (Jun 02, 2008 2:12PM)

Of Pegs and Nails

Following its worst weekly drop in over 60 days, gold found some old friends in Asia over the weekend - buying of the metal by jewelry fabricators became noticeable, finally. Although gold prices reached for $895 in overnight trade, the (Jun 02, 2008 10:09AM)

Suspicion is NOT Substantiation

Gold prices staged a recovery of just above 1% rising to near $890 on Friday, as flat lining consumer spending numbers took a bite out of the dollar's rally on the week and sent it back to just under 73 on the index. Crude oil picked up half (May 30, 2008 4:45PM)

Speculation ! No, Manipulation! No, Speculation!

Gold prices staged an overnight recovery rising to near $889 but significant bargain-hunting failed to emerge as participants are becoming apprehensive that given the oil/dollar situation the meta could still be vulnerable to further (May 30, 2008 9:02AM)

What Happened

Commodities fans (with the possible exception of cocoa buyers) had a bad day at the office today, as the complex fell victim to that which had been alluded to for some time now: profit-taking in crude oil, and a Nosferatu-like US dollar. (May 29, 2008 10:31PM)

The Dirty Fingerprints of Digital Gold

We might as well start the daily synopsis with the observation that oil prices fell under $130 ahead of the release of US inventory figures, a drop which sparked a further rise in the US dollar (now at 72.85 on the index). Weighed down by the (May 29, 2008 9:43AM)