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Iron ore extends decline to lowest since 2009 on excess supplyThe raw material used to make steel collapsed 50% this year as BHP Billiton, Rio Tinto Group and Vale expanded output, spurring a surplus.
- Gold advances to its highest since last-week’s downfall
Gold climbed to the highest level since Apr 15, as rising central bank and purchases countered tumbling assets in exchange-traded products.
A stronger US may knock off gold from safe-haven pedestalGlobal analysts are building a consensus view that gold might lose its 'safe haven' status as the US economy shows improvement.
Platinum holdings poised for record on mining disruptionPlatinum assets in exchange-traded products (ETP) are poised to climb to a record as worsening labour unrest in South Africa, the world's l...
- Gold remains safe haven, a buying opportunity right now: UBS Wealth Management
Gold has not lost its safe haven status. If you look back into the global financial crisis, then gold did quite a fair bit, says Dominic Sc...
- Recession fear grips markets: Silver, gold tumble further on dollar, liquidation
Schnider, of UBS Wealth Management, said gold could fall towards $1,582 in the short term, but remained bullish on the longer-term prospect...
Commodities snap best winning streak since 1980European Union leaders will decide on a new aid package for Greece by the end of next month, said Luxembourg's Jean-Claude Juncker.
- Commodities retreat on hints of tighter US policy
Commodities snapped a four-day winning streak, on speculation the Federal Reserve may end its bond-buying program and as China was said to ...