divider
divider
divider
blog
divider
divider
Español
divider

divider


Recent News:
  • Fri, May 10 05:00 AM  Crude oil futures drop as dollar's strength grows:  The emboldened U.S. dollar pulled down West Texas Intermediate crude oil futures on Friday, as the world's reserve currency pushed to its top level in more than 14 days, according to Bloomberg.  Read more.    Fri, May 10 04:33 AM  Loonie dives after release of weak labor report:  The Canadian dollar on Friday dropped to its week-low against the U.S. dollar after the nation released underwhelming job-creation data, Bloomberg reports.  Read more.    Fri, May 10 02:17 AM  Aussie's losses increasingly causing concern:  Friday saw the Australian dollar dive toward parity with the world's reserve currency for the first time since the beginning of the second half of last year as concerns about Australia's economy were gaining momentum, according to Bloomberg.  Read more.    Fri, May 10 05:00 AM  Crude oil futures drop as dollar's strength grows:  The emboldened U.S. dollar pulled down West Texas Intermediate crude oil futures on Friday, as the world's reserve currency pushed to its top level in more than 14 days, according to Bloomberg.  Read more.    Fri, May 10 04:33 AM  Loonie dives after release of weak labor report:  The Canadian dollar on Friday dropped to its week-low against the U.S. dollar after the nation released underwhelming job-creation data, Bloomberg reports.  Read more.    Fri, May 10 02:17 AM  Aussie's losses increasingly causing concern:  Friday saw the Australian dollar dive toward parity with the world's reserve currency for the first time since the beginning of the second half of last year as concerns about Australia's economy were gaining momentum, according to Bloomberg.  Read more.    Fri, May 10 05:00 AM  Crude oil futures drop as dollar's strength grows:  The emboldened U.S. dollar pulled down West Texas Intermediate crude oil futures on Friday, as the world's reserve currency pushed to its top level in more than 14 days, according to Bloomberg.  Read more.    Fri, May 10 04:33 AM  Loonie dives after release of weak labor report:  The Canadian dollar on Friday dropped to its week-low against the U.S. dollar after the nation released underwhelming job-creation data, Bloomberg reports.  Read more.    Fri, May 10 02:17 AM  Aussie's losses increasingly causing concern:  Friday saw the Australian dollar dive toward parity with the world's reserve currency for the first time since the beginning of the second half of last year as concerns about Australia's economy were gaining momentum, according to Bloomberg.  Read more.   
We are in the process of migrating to a new and improved website to better serve you. In the meantime, some pages will continue to reside on the old site layout as others are moved to the new layout. Please bear with us as we make this transition.
resources
Check Out Our New Ads
Let Freedom Ring.

- View All -

In Our Words

"As a trader, you don't have to be perfect, but you do have to be disciplined. Accept your losses if the market moves against you and don't let greed get in the way when it moves with you. It's not about buying at the lows and selling at the highs - it's how you manage the trade while you're in it that matters most."

– Nick Metzger
Futures & Options Broker

Nick Metzger, Futures Broker
dt Newsletter Sign-Up
First Name:*
Last Name:*
Email:*
 
 
Commodity Futures Newsletter
Free Offers & Trials

Register for Your Free 2-Week Trial of the dt Insider Market Advisory!

Insider Market Advisory
View all free trials & offers

Futures Market News

- Subscribe to receive our commodity news updates by email -

Well-known investors purchased gold during bearish quarter

Aug 16, 2012 11:24 AM

High-flying investors George Soros and John Paulson increased their interest in gold-supported exchange-traded funds during the second quarter, when the yellowish metal happened to endure its poorest quarterly performance in about four years, according to Bloomberg.

Soros Fund management at least doubled their stake in the SPDR Gold Trust between the final days of the first and second quarters, federal filings indicate. Paulson & Co, boosted its interest to 21.8 million shares, a 26 percent gain. But gold futures lost about 4 percent during the April-May-June period, representing bullion's biggest losses since the third quarter of 2008.

"People expect prices to rise in the third quarter since historically it has been proved that it's one of the best periods for gold, and investors who see easing coming in from various central banks are either increasing or holding on to their positions," chief market strategist Donald Selkin with National Securities Corp. told Bloomberg.

At 9:16 p.m. on Thursday, gold futures climbed 0.14 percent, a $2.30 gain to $1,608.90 per troy ounce.

Investors are keeping a close eye on Fed chief Ben Bernanke, who is scheduled to convene later this month with staff at the yearly symposium in Jackson Hole, Wyoming, according to CNBC.

Don’t Miss Our News Updates!

dt Commodity News
Share dt News:
Facebook Twitter More...

Follow our breaking news stories and get a unique take on current events that may impact the commodity futures markets.  Multiple new articles are posted each weekday.  Subscribe to our commodity news updates by email, and receive real-time updates with our RSS feed, follow us on Twitter @DanielsTrading, become a fan on Facebook to stay informed.


Enter your email address to subscribe to our commodity news by email:
    Delivered by FeedBurner



SPECIAL OFFER: Insider Market Advisory FREE Trial

Insider Market Advisory Futures Trading Newsletter

Information is power. Gain an edge with daily commodity futures market updates!

With your free trial membership, you’ll receive full access to trade analysis and recommendations for various markets, daily fundamental and technical market overviews, future price outlooks, and more!

Subscribe Today!


Special Offer

Insider Market Advisory

Register for Your Free 2-Week Trial of the dt Insider Market Advisory!

With your free trial membership, you'll receive full access to our exclusive trade recommendation service and all of the timely and accurate trade information you need to feel comfortable participating in the markets.


Register Now