The price of gold jumped 2 percent to a 7-1/2-month high on Monday, briefly nudging above the psychological level of $1,200 an ounce, as sliding stock markets and worries over global economic growth prompted investors to seek safety.
Goldman Sachs says sell as stock decline steepens, an ominous sign for the U.S. economy
Stock market volatility has fueled growing doubts that the Fed can raise interest rates as fast as central bank policy makers had forecasted last month.
The global markets may not be keen on low oil prices but Virgin Group Founder Sir. Richard Branson likes them… a lot.
Gold prices rose Wednesday as plummeting global markets pushed investors into haven assets, rekindling the precious metal's appeal in times of turbulence.
Gold rose 2 percent on Wednesday, benefiting as global equity markets fell to 2-1/2-year lows and oil prices continued their relentless slump to a 13-year low, leading other commodity markets broadly lower.
Royal Dutch Shell said Monday it will quit a major gas development in the United Arab Emirates amid a broad shake up of the company's strategy and the worst rout in energy prices since the 1980s.
The prospect of Iranian oil adding to the global flood of crude pushed prices further down on Monday, with Brent crude touching its lowest level since 2003.
Gold steadied in holiday-thinned trade on Monday, underpinned by a slide in crude oil prices to 12-year lows and persistent weakness in world stock markets, which prompted investors to seek assets considered a safe store of value.
Stephen Schork of the Schork Report provides insight into the state of the oil market.
States that collect "significant" severance tax revenues from the oil patch and the coal industry are now scrambling to deal with "revenue shortfalls," the U.S. Dept. of Energy says.
Cumberland Advisors Chairman David Kotok and 'Currency Wars' Author Jim Rickards on the price of oil.
Gold is getting a boost as investors race to the safe haven in reaction to global turmoil.
Over 30,000 cows killed in Texas and New Mexico after winter storm.
December 2015 will go down as a month in a year that most commodity traders would like to forget, full of strong technical bounces in markets loitering in deeply oversold territory.
Gregory Zuckerman of The Wall Street Journal discusses how low oil prices impact the markets and economy.
Wells Fargo Equity Strategist Gina Martin Adams discusses how oil prices are weighing on the markets.
Prices Future Group's Phil Flynn on oil prices.
FOX Business contributor Phil Flynn discusses what's driving oil prices.
Former Army Intelligence Officer Michael Pregent on the impact of Saudi Arabia's decision to abandon OPEC production targets.