Metals Stocks: Gold climbs for the day, but loses 5% on month (at MarketWatch)

Gold has its worse month since December. In contrast, copper gains 12% in July, the base metal s best since April 2009.

Miller Petroleum reports jump in fiscal earnings (AP)

Miller Petroleum Inc. said Friday its fiscal 2010 profit soared due to a one-time gain from the acquisition of Alaskan assets.

The Struggles of the ELEMENTS Long-Short Commodities ETF (at Seeking Alpha)

Coffee surges on poor Colombian harvests (at Financial Times)

Coffee prices on Friday hit their highest level in 12 years on the back of low availability of premium Arabica coffee from key producer Colombia, after a string of disappointing crops in the Latin American country.

Nigeria to push through oil sector reform (at Financial Times)

Nigeria s parliament is poised to adopt legislation aimed at transforming the country s troubled oil and gas industry and will delay a parliamentary recess in August to see it through, the country s oil minister told the Financial Times.

Metals Stocks: Gold climbs on inflation fears, bargain hunting (at MarketWatch)

Gold contracts strengthen as prospects that China s growth could bolster global inflation pushed investors to snap up the metal at recently lowered prices.

Commodity Prices Show Sideways Action (at Seeking Alpha)

Gold Prices Pop on GDP Figure (at TheStreet.com)

Gold prices are popping Friday morning on lower GDP growth numbers.

Summary Box: Arch reverses 2Q loss, ups outlook (AP)

THE COMPANY: St. Louis-based Arch Coal Inc., one of the world s biggest coal producers, fuels about 8 percent of all U.S. electrical generation.

Metals Stocks: Gold rises after U.S. growth report (at MarketWatch)

Gold prices added to gains Friday after the release of disappointing U.S. growth figures for the second-quarter but the advance remained capped by waning demand for the precious metal as a safe-haven against currency depreciation.