News Regulators 

Gold rises, inches closer to the key $1,300 level

“December gold GCZ7, +0.54% tacked on $5.20, or 0.4%, to trade at $1,294.10 an ounce, after trading as high as $1,299.80” writes Markets Commodities Reporter for marketwatch.com. A measured rate of interest-rate increases can be supportive for gold, which doesn’t offer a yield.Gold prices are on track to climb for four of the past five sessions, as the dollar has weakened 0.7% over the week.Gold futures rose Thursday to touch highs near $1,300 an ounce as investors read minutes from the Federal Reserve’s September policy meetings as slightly dovish, offering…

Read More
News 

Gold prices rise on renewed U.S.-North Korea anxiety

“December silver SIZ7, +1.01% meanwhile, tacked on 13.50 cents, or roughly 0.8%, to $16.92 an ounce, after climbing 0.7% last week” writes Markets Reporter for marketwatch.com. When the dollar is stronger, gold appears more expensive to buyers using other monetary units.December gold GCZ7, +0.72%  rose $8.10, or 0.6%, to $1,283 an ounce. Source: marketwatch.com Share This:

Read More
News Regulators 

Gold prices log third straight decline

“Gold prices logged a third decline in a row on Tuesday, pressured by record highs in U.S. stock benchmarks, as recent strength in the dollar and Treasury yields lured some investors away from the precious metal” writes Markets Commodities Reporter for marketwatch.com. Higher bond yields, which move inversely to prices, can make owning gold, which doesn’t offer interest, less appealing.December gold on Comex GCZ7, -0.11%  fell $1.20 , or less than 0.1%, to settle at $1,274.60 an ounce, settling at the lowest level since Aug. 8 for a second straight…

Read More
News 

Rough September dents gold’s 3rd quarter gain

“Gold settled lower Friday, posting losses for the week and month in reaction to a stronger dollar, but still notched a gain for the third quarter” writes Saefong William Watts for marketwatch.com. But December palladium PAZ7, +0.84%  rose $9, or 1%, to $936.85 an ounce, putting it up nearly 12% for the quarter. December copper HGZ7, -0.94%  fell 2.6 cents, or 0.9%, to $2.955 a pound, but scored a quarterly gain of over 9%.Yields have risen significantly this week as Treasurys sold off, allowing the dollar to gain ground versus…

Read More
News 

Gold ends at September low, down nearly 2% for the week

“For the week, gold fell about 1.9%, following its finish last Friday at its highest since Sept. 6, 2016” writes Markets Commodities Reporter for marketwatch.com. December palladium PAZ7, +0.63%  added $7.45, or 0.8%, to $921.75 an ounce, for a 1% loss on the week.October platinum PLV7, -0.95%  ended at $971.80 an ounce, down $9.10, or 0.9%, with prices down around 4% for the week. Source: marketwatch.com Share This:

Read More
Futures Markets News 

Dow futures steady, paring losses that came after latest North Korean missile

“U.S. stock futures inched lower Friday, signaling a muted open after earlier showing a larger drop that came as North Korea fired another missile over Japan” writes Markets Writer for marketwatch.com. Dow Jones Industrial Average futures YMZ7, +0.00% edged down by 9 points, or less than 0.1%, to 22,163.South Korea’s Kospi index SEU, +0.35%  closed 0.4% higher, bouncing back from an earlier drop, as Asian markets overall finished mixed.They had climbed to around $1,338 an ounce following North Korea’s latest move. Source: marketwatch.com Share This:

Read More
Futures News Regulators 

Gold ends higher to halt streak of declines

“Gold futures extended their modest decline initially after the report, then climbed” writes Markets Commodities Reporter for marketwatch.com. The Fed has been concerned with the weak readings, raising some doubts that the central bank will hike rates again this year.Gold for December delivery GCZ7, +0.27%  tacked on $1.30, or 0.1%, to settle at $1,329.30 an ounce.Higher rates also boost the dollar, in which gold is priced. Source: marketwatch.com Share This:

Read More
Markets News Stocks 

Gold knocked back to over 1-week low as record-high stocks lure investors

“Gold is highly sensitive to rising U.S. interest rates, as they increase the opportunity cost of holding non-yielding bullion” writes Rachel Koning Beals for marketwatch.com. Higher rates also boost the dollar, in which gold is priced.Gold eased even as a broad measure of the dollar also pulled back, bucking their typically inverse relationship.Gold for December delivery GCZ7, -0.39%  fell $5.10, or 0.4%, to $1,330.60 an ounce.The contract settled Monday at $1,335.70 an ounce, the lowest in over a week, according to FactSet. Source: marketwatch.com Share This:

Read More
News 

Gold backs away from one-year highs as tensions over North Korea ease

“The weaker-than-expected storm and ebbing worries over North Korea helped boost global equities, with U.S. stocks trading broadly higher Monday” writes Markets Commodities Reporter for marketwatch.com. Gold for December delivery GCZ7, -0.95%  fell $12.10, or 0.9%, to $1,339.10 an ounce.Gold settled at $1,351.20 an ounce on Friday, the highest since Sept. 6, 2016, for a most-active contract, according to FactSet data. Source: marketwatch.com Share This:

Read More