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.
Gold prices near fresh record highs as dollar sinks; other metals, energy prices also riseSeptember 16th, 2009 Weak dollar sends gold, other commodities higherNEW YORK — Another slump in the dollar is sending gold prices to near-record highs. Gold for December delivery rallied $13.90 to $1,020.20 an ounce Wednesday on the New York Mercantile Exchange, after earlier hitting a new 18-month high of $1,023.30.
Stocks open slightly lower after data on inflation, industrial productionAugust 14th, 2009 Stocks dip after data on inflation, productionNEW YORK — Stocks drifted lower early Friday as investors looked for more reasons to keep the market's summer rally going. Investors paused after two days of buying as the Labor Department said a measure of inflation was flat in July after a slight increase in June.
Commodities sell off amid signs of low inflation, waning consumer confidence; dollar risesAugust 14th, 2009 Commodities sell off, give back some recent gainsNEW YORK — Commodities sold off Friday, giving back some of their recent gains as new economic data downplayed the threat of inflation but also signaled that consumers are unlikely to increase their spending anytime soon. The Labor Department said its Consumer Price Index was flat in July after a slight increase in June, suggesting inflation is firmly in check for the time being.
Weak dollar, improving data on housing, consumer spending send commodity prices higherAugust 4th, 2009 Weak dollar, upbeat data support commoditiesNEW YORK — A weak dollar and more upbeat data on the economy is making a strong case for buying precious and industrial metals. Commodity prices are higher for a fourth day in a row as the National Association of Realtors says pending home sales rose in June by more than analysts had expected.
Treasury prices falter for 3rd straight day on higher June inflation data and as stocks rallyJuly 15th, 2009 June inflation numbers send Treasurys lower againNEW YORK — Bond prices dropped for a third straight day Wednesday amid higher-than-expected inflation numbers for June and a growing appetite for risk. The decline in prices pushed yields sharply higher, which can be worrisome for consumers because long-term Treasury yields are closely linked with interest rates on mortgages and other types of loans.
Gold prices hold steady, other metals end higher amid mixed bag of earnings, economic dataJuly 14th, 2009 Gold holds steady while other metals push higherNEW YORK — Gold prices are holding steady, but other metals are higher as investors parse a mixed bag of earnings news and economic reports. A government report showing a bigger-than-expected jump in wholesale inflation numbers in June helped support metals prices.
Stocks begin holiday-shortened week in positive territory, investors await week's key dataJune 29th, 2009 Stocks open higher ahead of week's key dataNEW YORK — Investors are beginning a holiday-shortened week on a positive note. Stocks are slightly higher in early trading Monday, following mixed moves in overseas markets.
Metals finish slightly higher amid early weakness in dollar; some pullback after Fed meetingJune 24th, 2009 Metals finish higher amid early weakness in dollarNEW YORK — Gold and other metals gave up some ground Wednesday after the Federal Reserve noted that inflationary pressures would likely remain in check. Investors have been sending prices higher for oil, copper, grains and other commodities as a hedge against inflation.
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.
India's inflation rate unchanged at 0.61 percentMay 28th, 2009 NEW DELHI - India's annual rate of inflation remained unchanged at 0.61 percent for the week ended May 16 with minor increase in the the index for primary articles, fuel and power and manufactured products, official data showed Thursday. The wholesale price index for all commodities, however, rose 0.1 percent, as per data released by the commerce and industry ministry.
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.
At 2.43 percent, India's rate of inflation lowest since June 2002March 12th, 2009 NEW DELHI - India's annual rate of inflation fell further to 2.43 percent for the week ended Feb 28 from 3.03 the week before, official data showed Thursday. The inflation figure was the lowest since June 2002.
Inflation rate rises, but economists not alarmedJanuary 28th, 2009 NEW DELHI - India's annual rate of inflation rose marginally by 0.04 percent to 5.64 percent for the week ended Jan 17 from 5.6 percent the week before, official data released here Thursday showed. Economists, however, said this was 'temporary'.
Inflation rate continues dip, drops to 6.61 percentDecember 25th, 2008 NEW DELHI - India's annual rate of inflation continued its downward trend, dipping to 6.61 percent for the week ended Dec 13 as compared to 6.84 percent the week before, official data released Friday said. The wholesale price index (WPI) for all commodities declined 0.2 percent to 230.7 (provisional) from 231.1 (provisional) the previous week.
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