• Gold futures settle at highest in nearly a week

    Gold futures climbed on Tuesday to mark their highest settlement in almost a week after the International Monetary Fund said the global economy is losing momentum and slightly lowered its economic growth outlook for this year. "Any data indicating economic slowdowns, including the IMF's latest update, are generally good for gold in that they imply further easy-money policies from central banks," said Brien Lundin, editor of Gold Newsletter. "That said, most of the IMF's downgrade was due to...

  • : Facebook stock is down 1.5% this week, and has tumbled 14.2% amid 5-week losing streak

    This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.

  • Gold futures settle at lowest price in almost 6 months

    Gold futures fell on Wednesday to settle at their lowest level since the end of March, with dollar-denominated prices for the precious metal pressured by strength in the U.S. dollar. The ICE U.S. Dollar Index was up 0.6% at 94.367, trading at the highest since September of last year, FactSet data show. While gold metal is likely to weaken further amid a stronger dollar, its outlook may be influenced by the Federal Reserve's "preferred inflation gauge," the core personal consumption expenditures...

  • Metals Stocks: Gold futures on track for a second straight decline to lowest finish in 7 weeks

    Gold futures decline on Wednesday for a second session in a row, with strength in the U.S. dollar helping to set prices up to post another finish at their lowest in sevens weeks.

  • Futures Movers: U.S. oil futures tap highs above $80, on track for weekly rise of around 5%

    Oil futures rise on Friday, on track to score a roughly 5% gain for the week as U.S. prices touch highs above $80 a barrel for the first time in almost seven years.

  • Gold futures settle at highest in about a month

    Gold futures rose Wednesday to settle at their highest since mid-September. Prices got a boost after the U.S. consumer-price index reading revealed a climb of 0.4% for September, compared with expectations for a 0.3% increase. Gold benefitted from its role a hedge for inflation, analysts said. Weakness in the U.S. dollar and Treasury yields following the inflation data also helped support prices for the precious metal. December gold climbed by $35.40, or 2%, to settle at $1,794.70 an ounce....

  • Gold futures settle lower for third straight session

    Gold futures settled with a loss on Monday, for a third session in a row. Gold prices haven't really gone anywhere this month, said Craig Erlam, senior market analyst at Oanda. "But it's been fascinating to follow in that time as traders appear to be struggling to determine exactly what its function is against the backdrop of higher inflation, tighter monetary policy, growing uncertainty and stock market jitters," he said. Friday's U.S. jobs report appeared to "break the deadlock, but the rally...

  • Oil futures settle higher, contributing to a gain for the week

    Oil futures settled a bit higher on Friday, shaking off earlier declines, as traders placed their bets ahead of a meeting Monday of the Organization of the Petroleum Exporting Countries and their allies. The group, known as OPEC+, are expected to make a decision on crude production levels, with most analysts saying producers are most likely to continue with their gradual increases in output, but a stronger boost in production remains a possibility. West Texas Intermediate crude for November...

  • Gold futures end 0.4% higher for the week

    This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.

  • Gold futures end lower, but post a modest gain for the week

    Gold futures settled lower on Friday, pressured by strength in Treasury yields and U.S. benchmark stock indexes, but prices still saw a modest gain for the week, the strongest advance in six weeks. Gold gave back most of its gain for the week on Friday, "with investors choosing the racier equity markets over the haven asset," said Fawad Razaqzada, market analyst at ThinkMarkets. The metal "remains stuck inside its existing ranges as investors wonder whether bond yields and the dollar will resume...

  • Gold futures down a second straight session, with prices losing $1 for the week

    Gold futures ended lower on Friday for a second straight session, pulling prices for the precious metal down by $1 an ounce for the week. Gold prices gave up early gains that came on the back of U.S. employment data, which revealed a much smaller-than-expected rise in job creation last month. December gold declined by $1.80, or 0.1%, to settle at $1,757.40 an ounce. Prices for the most-active contract finished below last Friday's settlement of $1,758.40, FactSet data show.

  • Gold futures end modestly higher for the session, posting a gain for the week

    Gold futures ended with a modest gain on Friday, to tally a climb of about 0.4% for the week. Prices for the precious metal, which is often used as a hedge against inflation, rose after a reading on the cost of goods and services showed a sharp rise for August and left the rate of U.S. inflation at a 30-year high. December gold rose $1.40, or nearly 0.1%, to settle at $1,758.40 an ounce. Prices, based on the most-active contract, settled at $1,751.70 a week ago, FactSet data show. Gold futures...