Jon Nadler

Senior Metals Market Analyst

Follow this author / Biography / Contact

A Dollar Saved

Following its worst slide since March, gold bullion tried for a day of recovery on Tuesday. Coming to its assistance, were a 0.11 drop in the US dollar index (down to 79.13) and at least initially, a small gain in crude oil (up to $71.02) against a background of recovering Asian equity markets. (Aug 11, 2009 7:36PM)

Fortune Cookie Says: Recovery ? Perphaps. Deflation? Yes.

Following their worst slide since March, gold prices tried for a day of recovery on Tuesday. Coming to their assistance, were a 0.15 drop in the US dollar index (down to 79.04) and a small gain in crude oil (up to $71.02) against a background of recovering Asian equity markets. (Aug 11, 2009 9:07AM)

Scrapped for Cash

The US dollar rose today, as stock market declines in European as well as US equities reignited refuge-oriented demand from investors. The yen benefited from the flight to safety syndrome as well, rising for the first time in three days. (Aug 10, 2009 4:34PM)

Cash For Scrap

Steady conditions were manifest in the gold market as the new trading week got underway overnight. The metal received hardly any cues from the US dollar and/or oil during the wee hours and participants were seen holding off on trades until the NY session gets underway. (Aug 10, 2009 8:38AM)

CBGAOK

Gold opened under only mild selling pressure on this last trading day of the first week of August. Overseas (read: Chinese) stock market developments helped push oil prices lower and the US dollar somewhat higher this morning, while New York was gearing up for what could turn into an unpleasant day ... (Aug 07, 2009 9:16AM)

Do Buy in Dubai? What about Mumbai?

The dollar-yen duo made some advances overnight, fueled by concerns that rallies in certain markets were about as overdone as George Hamilton's perennial tan. At the same time, crude oil lost some of its...energy as apprehensions about its own recent moonshot rose ahead of US inventory reports being... (Aug 05, 2009 11:56AM)

It's a Personal Matter. Of Income.

Today's action in precious metals was a tale of two times and two places. Much of what was seen prior to the NY session in the markets was not at all the case once Tuesday rolled around to the Big Apple's market floors. Overseas gold prices fell overnight, as the metal's four-day winning streak was ... (Aug 04, 2009 4:13PM)

Pocketbooks Slim. Fast.

Two 'declarations' from officialdom failed to lift the US currency in a meaningful way this morning. The first, from Mr. Geithner, who sees no more funds needed for bank bailouts and sees no chance of a financial collapse. (Aug 04, 2009 9:29AM)

UNmade in China

Friday's insta-rally turned oversold conditions in the gold market to overbought ones in a matter of a few hours. The new week's starting conditions displayed some of the factors that brought gold right back up to the $960s resistance area, as still in play, chief among them, the near-$72 price tag ... (Aug 03, 2009 5:06PM)

Them's Warnin' Words

Friday's insta-rally turned oversold conditions in the gold market to overbought ones in a matter of a few hours. The new week's start displayed some of the factors that brought gold right back up to the $960s resistance area, as still at play. (Aug 03, 2009 8:43AM)

Clunker Nation

Well, we made it to this Friday, and the last day of July only to be greeted by a plethora of economic statistics and assorted other data that should make for an active trading day. First out of the gate, news that stag-deflation is gripping the Old World in a nasty way, and won't let go. Consumer p... (Jul 31, 2009 9:35AM)

Curb Appeal

Thursday's recovery in Chinese equity markets gave new meaning to the term 'hot & cold' as investors piled money onto the same table from which they has swept it just the day before. (Jul 30, 2009 9:00AM)