Jon Nadler

Senior Metals Market Analyst

A Peek at The Peak?

Less than half a day after Iranian President Ahmadinejad categorically refuted the idea of a war with Israel or the US, his country fired off nine test missiles, staging its own 'rehearsal' for something. The event brought geopolitics back to (Jul 09, 2008 10:34AM)

Crude Over a Barrel

Gold prices were swept up in a generalized commodity liquidation wave today and gave way once again, dropping to very near the $910 level we alluded to in yesterday's articles. Sharply declining oil values (an over $5 loss in crude, to (Jul 08, 2008 5:51PM)

Toro! Toro! Toro!

After trying to climb back to near $935 per ounce, gold prices gave way and dropped back to near where they left off in New York on Monday. A low of $917.20 was once seen overnight and prices encountered some support more (Jul 08, 2008 10:11AM)

When the U.S. Sneezes...

As trading resumed for the week, bullion prices slid sharply lower, first aiming towards the $915 level following a more than four dollar drop in crude oil to near $141.00 a barrel. A buying-induced recovery before futures closing brought (Jul 07, 2008 6:45PM)

Sailing Tips from Mr. Poole

As trading resumed in Asia overnight, bullion prices slid sharply lower, pointing towards the $915 level following a more than a two and a half dollar drop in crude oil to $142.75 a barrel, and amid still sluggish local demand from (Jul 07, 2008 10:40AM)

Fire. Works. In Housing??

Thursday's pre-holiday price action in gold was dominated by busy profit-taking sales in the wake of the 25 bp ECB rate hike decision. Amid plenty of internal discord regarding the wisdom and consequences of the action, the ECB this (Jul 03, 2008 3:26PM)

ECB to Mr. Paulson: Look, this is how it's done!

Overnight action in gold was fairly subdued as participants decided to wait the ECB decision out and did not opt to take on significant positions ahead of the long weekend coming up. New York spot bullion opened mildly on the (Jul 03, 2008 11:02AM)

The Gambler's Fallacy

After hitting resistance just above the $945 pivot point both yesterday as well as today, gold prices managed to head into slightly calmer waters but retained their small gains trading near $943 amid still rising crude oil prices and a (Jul 02, 2008 2:40PM)

Brother, Can You Spare a Gallon?

New York gold prices were off to the (oil-led) races on this, the first day of July, with a near 2% gain, quoted at $942 per ounce amid rising oil values ($142.00 up $2.00) and a declining dollar (down .17 to 72.28 on the index). Stock futures (Jul 01, 2008 3:09PM)

Inflation-proofing tips

The third quarter started on a positive note for the precious metals complex as geopolitical tensions continue to support safe-haven purchases by previously sidelined investors. Crude oil prices remain in the driver's seat in the markets, (Jul 01, 2008 10:29AM)

Youthful Vigor? Mid-Life Crisis? or The Sunset Months?

New York gold's last trading session of the month and the quarter ended with a small loss in the August contract and spot prices were quoted near $926 at last check after a rally that stopped short of $940 following small gains in the US (Jun 30, 2008 3:14PM)

Top of The Year

A fresh rise in crude oil to a new record of above $143 supplied the fuel for gold to test the previous mid-May $935 resistance level and bring it to within $10 of getting back on track for a possible recapture of the four-digit target once again. (Jun 30, 2008 11:18AM)