Commodities

The past few weeks traders and investors have been completely spooked from the surge of negative news and collapsing stock prices. This fear can be seen by looking at the volume on the GLD gold ETF fund. With gold being in the spot light for several years now and the fact that anyone can own gold...

Gold and crude oil made broad gains in early trade Wednesday, as investors fled to commodities in an effort to avoid an uncertain global economic outlook. Spot gold is up more than 0.5%, with prices again sitting near the $1,800 an ounce mark. The metal has been a target of continuous investment...

The Japanese yen rose on Thursday against major currencies as Japan's retail sales made an unexpected rebound. Presently, the euro lost 0.3% of its value to stand around ¥111.72, while the U.S. dollar retreated 0.22% to trade around ¥77.81. The yen found support in better than expected retail...

The Aussie and the Kiwi rose on Wednesday against major currencies, following a higher-than-expected rise in Australia's inflation. At around 5:42 am GMT, the U.S. dollar lost 0.88% of its value against the Aussie to trade around 0.9046. The greenback has been losing ground against major currencies...

The Aussie lost some ground against major currencies on Wednesday, following deterioration in performance by Australia's economy. At around 5:35 am GMT, the U.S. dollar rose 0.18% against the Aussie to trade around 0.9334. At the same time, the euro made small gains against the Aussie as well,...

Market anxiety over debt issues in Europe and prolonged budget negotiations in the United States sent gold above $1,600 an ounce Monday, as investors sought the safe haven status of the commodity. Spot gold rose as high as $1,600.40 an ounce today, with global equity markets largely taking a step...

According to the International Monetary Fund, the U.S. dollar currently represents about 60% of global reserves held by emerging nations, down from about 70% a decade ago. Analysts at PIMCO have some idea of what's replacing it and it's not the Euro. The commodity rich nations of Australia,...

The U.S. dollar has shown uncommon strength against most major currencies since the Federal Reserve's lowered U.S. economic forecast Wednesday, as investors fled commodities and equities for the safety of the the greenback. The Euro is down to $1.422, with the dollar also gaining against the...

Coal names will no doubt attract more investors as the dollar weakens and the price of oil surges. Below are the three best value coal plays by earnings. Walter Energy - Walter Energy (NYSE: WLT) is by far the best value play in coal, with an EPS of $8 per share. Walter moved up in lock step with...

Aluminum-maker Alcoa Inc (NYSE: AA) reported first-quarter revenues that missed Wall Street estimates Monday, and shares are sinking in after-hours trade. Revenue for the quarter came in at $5.96 billion, but it was below the Wall Street target of $6.08 billion. The stock is down 3.4% in after-...

Slumping nearly 18 percent in demand, copper prices headed towards their longest slide since May of 2009. However, the orange metal has rebounded sharply, based on increased demand from China. The Asian tiger’s economy gained 11.9 percent in last quarter and industrial production surged nearly 16.5...

Oil fell to $76 a barrel today as high inventory levels and strengthening US dollar dragged down the crude oil price. While US light, sweet crude for delivery in March lost 0.45% to $76.9799 on the New York Mercantile Exchange (NYMEX), London Brent crude dropped 0.63% to $75.79. Although there were...

According to the International Monetary Fund (IMF) forecast, commodity prices are set to rise higher this year, with faster expansion in the global economy. The IMF stated that the industrialization of emerging countries supports consumption, as a result of which commodity prices might remain high...