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 inch higher, buoyed by rebound in stocks; oil prices rise slightlySeptember 30th, 2009 Gold, silver inch higher, other commodities mixedNEW YORK — Gold and silver prices broke a three-day losing streak Monday, rising slightly in quiet trading. Oil prices rose, while soft commodities were mixed.
As dollar regains some footing, commodities slide further; gold closes below $1,000September 24th, 2009 Commodities extend slide as dollar gains groundNEW YORK — Gold prices finished below the $1,000 mark for the first time in two weeks Thursday as the dollar rose against other currencies. Prices for other commodities like silver, oil and gasoline also dropped sharply, while 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.
Oil shoots above $70 as weak dollar, strong stocks boost commoditiesSeptember 8th, 2009 Oil shoots above $70 a barrel on weak dollarCrude prices shot above $70 a barrel Tuesday as a falling dollar pushed investors to seek out commodities such as oil and gold. Benchmark crude for October delivery gained $3.27 to $71.29 a barrel on the New York Mercantile Exchange.
Oil shoots above $71 as weak dollar, strong stocks boost commoditiesSeptember 8th, 2009 Oil shoots above $71 a barrel on weak dollarCrude prices settled above $71 a barrel Tuesday as a falling dollar pushed investors to seek out commodities such as oil and gold. Benchmark crude for October delivery gained $3.08 to settle at $71.10 a barrel on the New York Mercantile Exchange.
Gold rises above $1,000 as bets on stronger economy, weaker dollar lift metals and oilSeptember 8th, 2009 Gold tops $1,000 for the first time since FebruaryNEW YORK — Gold pushed above the $1,000 mark Tuesday for the first time since February as hopes for an improving economy fed a broader rally in commodities. A weaker dollar also drove prices higher, analysts said.
Sharp sell-off in stocks leads investors to park more money in gold; Other metals dipSeptember 1st, 2009 Gold prices gain on safe-haven buyingNEW YORK — Gold prices inched higher Tuesday as a sharp sell-off in stocks drove investors to look for traditionally safe places to park their money. A six-month rally in stocks came to a halt amid fresh worries about the health of the banking industry and the economy, leading investors to take money out of stocks and move it to safe-haven assets like the dollar, government bonds and gold.
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 little changed as rally on Wall Street dampens investment demandMay 9th, 2009 Gold prices hold steady as Wall Street ralliesNEW YORK — Gold prices are holding steady as a rally in stocks keeps demand for the safe-haven asset in check. Other commodities, like oil and grains, are surging on the day's upbeat economic data.
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 prices dip as remarks from Treasury Secretary Geithner spur buying on Wall StreetApril 21st, 2009 Gold prices dip as stocks move higherNEW YORK — Gold prices are slightly lower as stocks gain ground. Oil prices are flat, while grain prices are up.
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