Gold Reclaims $1,100 as it Logs 3 Session Winning Streak

Gold futures finished higher Monday, breaking above $1,100 an ounce Monday, as comments from Federal Reserve Vice Chairman Stanley Fischer suggested the U.S. central bank may not hike interest rates in September as the market has assumed. Gold traders have been anticipating an interest-rate hike for to Bloomberg TV Monday morning delivered a shot in the arm to gold and other precious metals, including silver. Gold, which offers investors...

Dollar Falls From Near 4-Month High as Commodities Halt Slump

The dollar fell from almost a four-month high as crude oil prices and other commodities halted a slump. The greenback slipped a third day, its longest streak of losses in two months. Speculation cooled that the Federal Reserve is close to consensus to raise interest rates next month, even as central-bank officials struck a positive tone on progress in the U.S. economy. Currencies of commodity-producing nations pared losses linked to weak...

Asian Stocks Gain a Third Day as U.S. Shares Jump, Oil Rebounds

Asian stocks rose for a third day after U.S. equities jumped by the most since May and commodities maintained their rebound from a 13-year low. The MSCI Asia Pacific Index gained 0.4 percent to 141.99 as of 9:02 a.m. in Tokyo. An advance in crude oil on Monday helped pull the Bloomberg Commodity Index up from its lowest level since 2002, while mine disruptions bolstered copper and excessive rain improved the outlook for crop prices....

Japan’s Nikkei 225 Headed for Two-Decade High Amid Global Rally

Japanese equities rose, with the Nikkei 225 Stock Average on course for its highest close in almost two decades, as global shares rallied amid a rebound in commodity prices. The Nikkei 225 added 0.5 percent to 20,912.43 as of 9:01 a.m., heading for its highest closing level since December 1996. The Topix index advanced 0.6 percent to 1,700.66, on course for its highest close since July 2007, as all but four of its 33 industry groups...

U.S. Stocks Rise Amid Berkshire Deal as Commodities Shares Rally

U.S. stocks rose, with equities rising the most in three months, after Warren Buffett’s Berkshire Hathaway Inc. agreed to buy Precision Castparts Corp. and commodities-related shares rallied. The Standard & Poor’s 500 Index gained 1.3 percent to 2,104.13 at 4 p.m. in New York, its biggest gain since May. China’s stocks posted their biggest gain in a month amid speculation the government will accelerate mergers of state-owned enterprises...