Precious MetalsGold was steady to higher through the first hour of the New York session on Friday, then declined sharply to lose nearly $15, but then turned around and regained all the lost ground, before cruising sideways through the Globex to finish at $884.00, up $1.00. For the week, gold rebou...

Gold prices went on a vertiginous roller-coaster ride on Friday, rising at the start of the session, dropping in a mid-morning free-fall, and then recovering in the early afternoon. The large drop, to $869, was seen despite a dollar that

Copper fell on Friday near 2 percent as inventories in London and Shanghai showed large increases and investors speculate demand may be weakening.

Grain futures ended Friday mixed on the Chicago Board of Trade. Wheat for July delivery fell 17.5 cents to settle at $8.045 a bushel; July corn lost a penny to $6.2925 a bushel; July oats rose 1.5 cents to $4.13 a bushel; July soybeans added 48 cents to $13.58 a bushel.

Gold futures gained on Friday to close at their highest level since late April and sealed a weekly gain after crude oil surged to a record price above $126 a barrel and weakness in the U.S. dollar.

Crude oil futures soared for a fifth day above $126 a barrel on Friday as the dollar fell against the euro and other major currencies increasing demand for commodities as a hedge against inflation.

Gold prices picked up a few additional dollars of value overnight as the crude oil market spiraled out of control reaching as high as $125.50 per barrel. The bullion price drew closer to $890 as this year's fairly lackluster Indian festival

Agriculture futures traded mostly higher Friday on the Chicago Board of Trade. Wheat for July delivery fell 11 cents to $8.11 a bushel; July corn added 0.75 cents to $6.31 a bushel; July oats rose 3.75 cents to $4.1825 a bushel; July soybeans added 38 cents to $13.48 a bushel.

Even as oil prices ascended to new highs of more than $124 a barrel this week, many oil and gas industry executives say they expect the price to fall significantly by year's end, a new survey shows.

A firm note tracked the Gold price overnight and it is currently $888.90. Closing above $880 adds to that positive tone and the next resistance level stands at $897. The London AM Gold Fix at 1030 GMT this morning was at $887.25, £453.906 and €573.604 (from $872.25, £445.48 and €568.61 yesterday).

Precious MetalsGold was limp through the early London trading, but just before the New York session began it started up and continued higher through the early afternoon, peaking above $885 before easing to finish at $881.50, up $13.00. Overnight, gold has continued upward.Platinum took off in Euro...

In last week's column we discussed some risks associated with the junior mining sector. In this week’s article it is important to recognize what has just been reported about mining operations in Venezuela, an article posted on

Rice closed limit-up for the second straight day, with the July contract settling 75 cents higher at $22.35 per hundredweight. Myanmar's cyclone that devastated the region has reportedly damaged the country's main rice-growing region. Speculation that Myanmar will need to import rice sent ...

Copper prices fell on Thursday as inventories of the metal rose, easing supply concerns.

Wheat rallied on speculations that low grain prices will increase buying by flour millers and cereal makers.

Gold futures ended with strong gains on Thursday as record energy costs and weakness in the U.S. dollar boosted the demand for a hedge against inflation.

Crude futures climbed past $124 a barrel in electronic trading late afternoon, recovering from earlier weakness as traders continued to have concerns over global supplies, while OPEC commented the market is well supplied.

Since Wednesday, April 30, natural gas spot prices increased at most markets in the Lower 48 States. Prices at the Henry Hub rose 27 cents per million Btu (MMBtu), or about 2.5 percent, to $11.08 per MMBtu.

Gold prices rose more than 1.5% for the second time this week, as the dollar came off its high against the euro following the ECB's decision to stand pat on interest rates. As expected, strong anti-inflation jawboning was present in the