NEW YORK—Gold futures gained for the first time this week as a brief pause in the dollar's upward march spurred some investors who had bet on lower prices for the precious metal to close out those bets.
SAN FRANCISCO (MarketWatch) — Gold futures rose Friday, but not likely enough to notch weekly gains. Gold futures for June delivery (GCM2, US) advanced $9.90, or 0.6%, to $1,567.20 an ounce on the Comex division of the New York Mercantile ...
Some investors are fighting the tide of lower gold prices. Gold is down 17% from its record high in August. Yet a few bullish investors including hedge funds are wagering on a reversal. Some are piling into less-risky options bets that would ...
Capitalizing on booming demand for precious metals, two privately held companies have combined to establish the largest recycler of gold and silver in North America.
NEW YORK—Palladium tumbled 5.5%, while silver fell 2.7%, as weak manufacturing data from China sparked fears of lower demand for precious metals with industrial applications.
Investment bank Jefferies Group Inc.'s commodities arm has agreed to buy the gold, silver and other precious-metals assets from the trustee liquidating MF Global Holdings Ltd.'s brokerage business.
LONDON—The palladium market is revving up. After lagging behind other precious metals for much of the year, prices for the white metal—a key element in cars' catalytic converters—are pulling ahead. Since the beginning of the month, palladium ...
NEW YORK—Gold set a fresh 2012 low as investor demand for the dollar and mild U.S. inflation left less interest in the precious metal as an alternative asset.
NEW YORK—Gold futures edged higher on Tuesday, as calm in European markets weighed on the U.S. dollar and drew buyers to the precious metals, but trading was thin ahead of this week's monetary-policy announcement from the Federal Reserve.
NEW YORK—Gold futures edged higher Monday while platinum again outpaced gold's gains as precious metals drew strength from a weaker dollar in a quiet trading day.
NEW YORK—Disappointing global economic data and anxiety about Europe's debt crisis drew investors to the safety of the U.S. dollar Monday, denting demand for gold and pushing the precious metal to its lowest price in more than two weeks.
NEW YORK (MarketWatch) — Europe’s debt crisis, China’s slowing economy and wary U.S. shoppers prompted Tiffany & Co. and Signet Jewelers to trim their earnings outlooks Thursday, adding their voices to a rising chorus of retailers ...
NEW DELHI – India's gold demand is down around 50% from last year ahead of one of the most auspicious days for buying the precious metal because of high prices and a weak investment outlook.
NEW YORK—Gold fell Friday as strong gains in the dollar left less appetite for the precious metal as an alternative asset. Gold for April delivery, the most actively traded contract, was recently down $9.90, or 0.6%, at $1,712.30 a troy ...
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