Metals prices rise, agricultural commodities end mixed as investors hold to small movesAugust 28th, 2009 Metals gain, agricultural commodities end mixedNEW YORK — Metals prices rose and agricultural commodities were mixed in quiet trading Friday as investors found little to reshape their view of the economy. A drop in the dollar made commodities more attractive to foreign investors.
Gold, other metals little changed as caution pervades market; oil prices fallAugust 26th, 2009 Gold, other metals little changed, oil prices fallNEW YORK — Gold and other metals were little changed in quiet trading Wednesday as cautious investors refrained from making big bets on commodities. Energy prices fell, while agriculture futures were mixed.
Metals prices mixed as investors weigh dollar weakness, concerns about China; oil surgesAugust 19th, 2009 Metals mixed, oil surges on drop in inventoriesNEW YORK — Prices for metals were mixed Wednesday, with gold getting some support from a slightly weaker dollar, and other metals falling on concerns over a potential drop in demand from China. Gold for December delivery added $5.60 to $944.80 an ounce on the New York Mercantile Exchange, as the dollar slid against the Japanese yen and the British pound.
Prices for precious, industrial metals narrowly mixed as weaker dollar lends some supportAugust 18th, 2009 Prices for metals mixed amid weaker dollarNEW YORK — A weaker dollar is lending some support to metals prices. Gold closed slightly higher Tuesday, while other metals were narrowly mixed as the dollar lost ground against other major currencies.
Commodities prices mostly fall as dollar adds to strength after rally Friday; oil, gold fallAugust 11th, 2009 Commodities prices fall as dollar extends gainsNEW YORK —Commodities mostly fell for a second day as a stronger dollar weighed on prices. Commodities are priced in dollars, so when the currency increases in value, futures become more expensive and less attractive for foreign buyers.
Commodities climb as dollar falls, report shows economy's slide is slowingJuly 31st, 2009 Commodities add to recent gains as dollar sinksNEW YORK — Commodity prices climbed Friday for a second day in a row as the dollar sank. The U.S. Dollar Index, which measures the dollar against a basket of other major currencies, closed at its lowest level since September on Friday.
Sell-off in commodities continues amid firmer dollar, more signs of tepid consumer spendingJuly 29th, 2009 Gold, other metals, oil fall for 3rd straight dayNEW YORK — A firmer U.S. dollar and more signs of tepid consumer spending sent prices for gold, oil and other commodities falling for a third straight day Wednesday.
Gold, other metals push higher amid mixed signals from earnings reports; Oil prices fallJuly 22nd, 2009 Gold, other metals rise; Oil prices fallNEW YORK — Prices for gold and other metals rose slightly Wednesday, but other commodities finished mixed as investors assess the latest batch of corporate earnings reports. Investors have been keeping close watch on companies' quarterly results, looking to glean clues on where the economy is headed.
Investors refrain from buying commodities ahead of earnings, await more clarity on economyJuly 10th, 2009 Investors avoid commodities ahead of earningsNEW YORK — Gold and other commodities sold off Friday as investors refrained from buying risky assets as they await more clarity on the economy from earnings reports. Investors are anxious ahead of the flood of corporate earnings coming next week from big-name companies including General Electric Co., Bank of America Corp.
Slide in commodity prices accelerates as doubts about economic recovery growJuly 8th, 2009 Commodities slide on doubts about economic reboundNEW YORK — Metals and energy prices are extending their losses amid growing anxiety about the potential for a quick and robust economic recovery. Investors are moving out of risky assets like commodities and stocks and seeking shelter in traditionally safe-haven investments such as the dollar and Treasurys.
Sell-off in commodities continues as hopes for impending economic recovery fadeJuly 7th, 2009 Commodities fall as hopes for quick recovery fadeNEW YORK — Commodities continued to sell off Tuesday as investors found little reason to place bets on an improving economy. Prices for oil, silver, soybeans and other commodities dropped amid increasing fears that a delay in the economy's recovery will keep a lid on demand for basic materials.
Small moves in dollar give metals, grains little direction; natural gas prices tumbleJune 18th, 2009 Metals, grains hold steady while natural gas fallsNEW YORK — Prices for metals and agriculture futures were little changed Thursday, while natural gas prices dropped sharply, interrupting a three-week rally. Natural gas prices fell after the government reported a huge build in supplies — fresh evidence that the industrial sector is still hurting from the recession.
Metals, energy prices higher as dollar weakness sends investors in search of inflation hedgeJune 12th, 2009 Gold, other commodities higher as dollar wanesNEW YORK — Most commodities are higher as weakness in the dollar sends investors in search of a shelter from inflation. The dollar is lower against the euro and the British pound amid more evidence that the economy's slide is abating.
Commodities fall as investors cash in recent gains, eye recovering dollarJune 12th, 2009 Commodity prices give up some of this week's gainsNEW YORK — Commodities broke their winning streak Friday and retreated, as investors worried that prices might have shot up too fast. A recovering dollar also gave traders a reason to reconsider pouring money into commodities, which are often used to hedge against a weakening U.S.
Gold prices slide further, close below $900 an ounce as swine flu fears batter commoditiesApril 28th, 2009 Gold prices fall, close below $900 an ounceNEW YORK — Gold prices are lower as fears of a global swine flu pandemic rattle commodities markets. Oil and other metals have also fallen, while agriculture futures are up slightly.