Commodities hold steady after reports show drop in consumer confidence, rise in home pricesSeptember 30th, 2009 Commodities little moved amid mixed economic dataNEW YORK — Investors are holding back on making any big bets on commodities amid mixed signals on the economy. Prices for gold and other commodities are little changed after a private group reported a surprising drop in consumer confidence.
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.
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.
Gold prices fall, but close above $1,000 for 2nd straight day; other commodities mixedSeptember 14th, 2009 Gold prices dip, hold on to $1,000 markNEW YORK — Gold prices fell Monday but still managed to close above $1,000 an ounce for a second straight trading day. Other metals also fell, while energy and agriculture futures were mixed.
Gold pushes higher to end above $1,000 mark for first time since February; grains end mixedSeptember 11th, 2009 Gold ends above $1,000 for first time since FebNEW YORK — Gold prices settled over the $1,000 mark Friday for the first time since February. The rise in gold came as the dollar hit new lows for the year against the euro.
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.
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.
Commodities fall as investors worry about pace of economy's recovery; oil, metals, grain slideJuly 7th, 2009 Commodities slide; Oil touches five-month lowNEW YORK — Commodity prices fell Monday as investors worried that the economy will take longer to recover than some investors have been betting. Oil prices slid to a five-week low after reaching an eight-month high above $73 last week.
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.
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, 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 to nearly 3 percent loss for the week amid increasing optimism about economyMay 2nd, 2009 Gold prices slide as safe-haven demand withersNEW YORK — Gold prices are lower amid increasing optimism about the economy. Other commodities, like oil and silver, are posting gains.