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Oil pulled back in trading as we saw a rebound in the strength of the US dollar. The US Dollar index strengthened as we saw some buying in to US treasuries. This strength, plus a larger than expected falls in crude stock piles have led to some sellers entering the market.
According the Wall Street Journal, [...]

Talk of a “double-dip” in the economy by President Obama pushed gold lower in trading yesterday. The pullback was further compounded by a rally in the US Dollar index, which rallied ever so slightly. Since hitting $1,153 on Wednesday, we have seen gold tread water. Silver eased back too, from 16 month highs, as it [...]

European Session: BoJ Holds Rates Steady
Risk appetite stayed weak in the Asian session, after Wall Street closed lower but, overall, most of the trading in currencies and commodities was well in their ranges. The EURUSD traded between 1.4880 and 1.4940, while spot Gold traded between $1140 and $1147. With no first tier economic releases scheduled [...]

The dollar finally bucked the recent trend by gaining against the Euro and other major currencies. The dollar index rise to 75.45, up by 0.08 points. Some analysts pointed to some buying of US treasuries as a driver for the rally, with investors seeing them as a safe haven versus the higher yielding, and thus [...]

COMMODITIES – Most Markets Down On Dollar Rise But Gold Up
* RJ/CRB commods index down 1.2 pct
* Crude slides nearly 3 pct in U.S. trade, copper 1 pct
* Coffee, sugar down almost 2.5 pct each
* Gold finishes a touch higher despite stronger dollar
NEW YORK, Nov 19 (Reuters) – Commodities slipped on Thursday as patchy [...]

US Session: Dollar Gains On Equity Losses But Remains In Ranges
The USD has remained bid throughout the day as poor equity market performances have moderated risk appetite. Commodities including gold and silver have retraced markedly from their highs, with gold dipping as low as $1133.16 from yesterday’s $1153 levels, and oil slipping 2.5% to trade [...]