
Wednesday's price action in precious metals was primarily defined not as much by the US GDP data as by the collapse in oil prices. That, along with a substantial gain in the US dollar, had gold on the retreat once again, and losing more than 1% on the session. (Jul 29, 2009 4:33PM)
While the Fed's Beige Book data was on practically everyone's mind as the middle of the week rolled around, investors in China were seeing nothing but red overnight. Spooked by the prospect of potential government curbs on what has been a de facto casino, stock market players pulled serious money ou... (Jul 29, 2009 9:12AM)
The congestive pattern that continued to frustrate gold market players of late, appeared to finally give way on Tuesday, as the precious metal saw a near 2% drop following a recovery in the US dollar against the euro. (Jul 28, 2009 3:49PM)
The congestive pattern in gold continued to frustrate players overnight, as the metal saw but a six dollar range despite a slippage in the US dollar to its lows for the year on the trade-weighted index. The greenback also traded at two-month lows against the euro, and is making the forecasts calling... (Jul 28, 2009 9:27AM)
As the new market week got underway, global investors were met with roughly the same conditions as those they closed books upon last Friday. (Jul 27, 2009 8:34AM)
A small overnight dip to $945 in gold prices gave way to a fairly quick recovery as the US dollar took a more substantial 0.34 point hit on Friday morning and fell to 78.63 on the trade-weighted index. (Jul 24, 2009 9:40AM)
Progress to the upside continued in gold prices overnight, stimulated by the tandem decline in the US dollar and the yen. (Jul 23, 2009 8:51AM)
Yesterday's anemic trading patterns appeared to roll over into this morning's markets as price tickers across various assets showed little in the way of change. Despite more dovish-than-expected initial Congressional testimony by Ben Bernanke, the dollar managed a climb against the euro - a near hal... (Jul 22, 2009 10:05AM)
Although Monday's price gains were not relinquished in overnight Asian bullion trading, fresh gold buyers became a scarcer commodity as Tuesday dawned in North America. (Jul 21, 2009 9:09AM)
Monday started off with a robust rally in commodities, pretty much across the board. Stimulated by the string of better-than-expected corporate earnings (Jul 20, 2009 4:47PM)
The day began with a robust rally in commodities- across the board - on Monday. Stimulated by the string of better than expected corporate earnings (Jul 20, 2009 8:39AM)
All was fairly steady and relatively quiet on the Western gold market front on this Thursday. Gold prices turned their overnight Asian market losses of nearly $6 into only marginal declines this morning. The pattern continued into the trading day, with the yellow metal remaining in the mid $930s and... (Jul 16, 2009 7:38PM)