Disappointing jobs data saps demand for most commodities; Gold inches higher on weak dollarOctober 2nd, 2009 Gold inches higher, other commodities fallNEW YORK — A disappointing jobs report sapped demand for most commodities Friday, but gold prices eked out a small gain as the dollar weakened. Prices for silver, oil, soybeans and other commodities fell after the Labor Department said employers cut 263,000 jobs last month, up from 201,000 in August and worse than the 180,000 losses economists were expecting.
Gold, silver fall for 3rd straight day, even after dollar declines; oil prices rise slightlySeptember 25th, 2009 Gold, silver falter for 3rd day; oil turns higherNEW YORK — Gold and silver prices fell for a third straight day Friday, even after the dollar reversed early gains and slid lower. Oil prices rose slightly, while soft commodities were mixed.
Commodities rebound from prior day's losses as dollar weakens against other currenciesSeptember 22nd, 2009 Commodities bounce back as dollar weakensNEW YORK — A tumbling dollar has renewed demand for commodities. Gold and silver bounded higher, halting three straight days of declines, as the U.S.
Gold, other metals pullback for second straight day as dollar strengthensSeptember 18th, 2009 Gold, other metals slip for second straight dayNEW YORK — Gold and other metals slipped for the second straight day, along with most other commodities, as stocks and the U.S. dollar both posted gains Friday.
Crude continues weeklong move higher, moving above $72 a barrel as dollar weakensSeptember 11th, 2009 Oil moves above $72 a barrel as dollar weakensOil prices extended their recent rise Friday as the dollar fell to a fresh low for 2009, providing a boost to crude and other commodities. Benchmark crude for October delivery was up 29 cents at $72.23 a barrel on the New York Mercantile Exchange.
Gold prices fall as dollar shows some strength, other metals, oil riseAugust 24th, 2009 Gold falls on dollar strength, other metals riseNEW YORK — A stronger dollar hurt gold prices Monday, but other metals finished slightly higher on hopes that demand for materials will pick up as the economy improves. Gold for December delivery dropped $11 to $943.70 an ounce on the New York Mercantile Exchange as the dollar rose against the euro and the British pound.
Commodity prices mostly fall as dollar adds to strength after rally Friday; oil, gold fallAugust 10th, 2009 Commodity prices fall as dollar extends gainsNEW YORK —Commodity prices have mostly fallen for a second day as a stronger dollar weighs on prices. Gold and oil are lower Monday.
Most metals rise amid ongoing weakness in US dollar; gold dips on profit takingAugust 5th, 2009 Metal prices rise slightly on dollar weaknessNEW YORK — Most precious and industrial metals rose Wednesday, building on recent gains as the dollar extended its losses. Gold prices, however, finished slightly lower as investors collected some profits.
Most commodities finish higher as investors look past data suggesting inflation is in checkJune 17th, 2009 Commodities reverse early losses, move higherNEW YORK — Prices for commodities like oil and gold are reversing early losses and moving higher as the dollar comes under more pressure. Most commodities fell in the early going as the Labor Department said consumer prices rose less than expected in May, a signal that the recession is holding down prices and that demand for goods is still sluggish.
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.
Gold, other commodities recoup some of previous day's losses as dollar resumes 3-month declineJune 9th, 2009 Gold, other commodities rebound as dollar declinesNEW YORK — Gold and other commodities recouped some of their losses on Tuesday as the dollar slipped against other currencies. The dollar resumed its three-month decline against the euro and British pound, despite weak economic data out of Europe, helping to lift prices for gold and other commodities.
Investors book profits in gold, other commodities as dollar shows some strengthJune 8th, 2009 Gold, other commodities decline as dollar risesNEW YORK — Prices for gold and other commodities retreated Monday as investors cashed in on some recent gains and as the dollar rose against other currencies. The dollar moved higher versus European currencies on worries about the European economy and following a downgrade to Ireland's debt rating by Standard & Poor's.
Gold prices inch higher as dollar shows more weakness, stocks retreatMay 8th, 2009 Gold prices inch higher as dollar weakensNEW YORK — Gold prices are slightly higher as the dollar shows more weakness and stocks tumble on Wall Street. Energy and agriculture futures are also slightly higher.
Gold, other commodities move higher, buoyed by falling dollar, rising stocksMay 8th, 2009 Gold moves higher as dollar falls, stocks rallyNEW YORK — Gold prices and other commodities are higher, buoyed by a falling dollar and an increasingly upbeat outlook on the economy. Positive news about banks' balance sheets has driven investors into stocks and other more risky assets and away from the dollar, which is considered a safe haven.
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.
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