Gold prices Stories
African Gold Miners, Fairtrade Foundation Working Together
The Fairtrade Foundation will begin working with African gold miners for the first time this year, the organisation said on Tuesday, 12 months after it launched the Fairtrade Gold brand with metal sourced from Latin America.
Gold Below $1,700 on Weak EU Data
Gold prices slid below $1,700 an ounce in Europe on Monday as weaker-than-expected euro zone economic data lifted the dollar versus the euro, and as appetite for assets seen as higher risk, like stocks and commodities, suffered after China set its lowest annual growth target in eight years.
Gold Prices Plunge Nearly 4% After Failing to Top $1,800
Gold plunged 3.8 percent Wednesday after the dollar firmed and investors took profits from a recent jump in the price of the yellow metal.
Gold Prices Slide 1% with Euro, Stocks, Other Commodities
Gold prices fell 1 percent on Monday, in line with the euro, stocks and other commodities, as worries over the euro zone debt crisis and the impact of high crude oil prices on the fledgling economic recovery fuelled risk aversion.
Gold Prices Rise as Euro Gains Offset Crude Oil Losses
Gold prices climbed Friday, their 21st daily increase in the last 24 trading sessions, toward a two-month high as support from a weaker dollar offset falling crude oil prices.
Gold Prices Hold Steady; Heading for 5th Winning Week
Gold prices held steady on Friday, on course for a fifth straight week of gains, as investors awaited a key U.S. labor market report after upbeat jobless claims data in the previous session helped send bullion to a two-month high.
Gold Prices Edge Higher Amid Upbeat Economic Signs
Gold prices Thursday extended last month's rally after positive manufacturing from China to the Europe to the U.S. and Greece appeared close to a settlement with its creditors.
Gold Price to Rise in 2012 on Loose Monetary Policy: Analysts
Many analysts remain bullish on gold and expect it to continue to rally in 2012.
Italy's Biggest Scrap Gold Buyer Sees Bright '12
OroCash, Italy's biggest buyer of used gold jewelry, expects business to flourish this year with the opening of 150 new collection points in Italyand abroad as high gold prices and unfolding economic crisis prompt people to sell family assets.
Gold Prices Rise on Weak Dollar, Strong Manufacturing Data
Gold rose on Wednesday as the dollar slipped against the euro and on strong global manufacturing data, while analysts said profit taking could pressure the precious metal after its biggest January gain in 32 years.
Gold Just under Next Level of Price Resistance, Hovering in Tight Range
Gold prices rose Wednesday, at one point topping the $1,750 mark, but generally stayed within a narrow range in the absence of any single dominant factor.
Gold Prices in Tight Range, January Gains Hearten Investors
Gold prices were on course for their biggest monthly rise since August on Tuesday, boosted by economic unease in Europe and the United States and raising the possibility of a climb toward last year's record high of just over $1,900 per ounce.
Gold Prices Headed for Strongest January in Three Years
Gold prices, headed for their strongest January in three years, rose Tuesday as fears of a Greek sovereign debt default receded, the dollar weakened and crude oil and copper prices increased.
Gold Eases as Euro Declines, but Investor Demand Remains
Gold eased on Monday, under pressure from a weaker euro, but was off session lows and still within sight of last week's seven-week highs, supported by evidence of improved investor demand.
Gold Prices Slip on Profit Taking, Fears of Greek Default
Gold prices slipped Monday as the euro fell, global stocks declined and investors booked profits from recent gains.
Gold Prices Rise Again, Topping 10% for the Week
Gold prices posted a modest gain Friday, capping a three-day rally as well as a week in which the yellow metal jumped 4.15 percent.
Gold Prices Consolidate Week's Gains of More Than 3%
Gold prices leveled off Friday, consolidating the week's dramatic gains, amid prospects for more increases next week and next month.
Tankless Toilet: Other High Tech Commodes
A tankless toilet so inspired Japan's Panasonic Corp. that the company will end their production of water-logged toilets and focus on the design alternative.
Gold Prices Surge on Fed Promise to Keep Rates Low
Gold prices jumped Thursday after the Federal Reserve surprised markets by saying ultra-low interest rates will continue through 2014.
Fed Holding Rates Down Until 2014, Considers More Stimulus
Federal Reserve Chairman Ben Bernanke said Wednesday the central bank was ready to offer the economy additional stimulus after it announced it would likely keep interest rates near zero until at least late 2014.
Gold Prices Jump 2% on Fed Promise of More Easy Money
Gold rallied 2 percent on Wednesday, rising above $1,700 an ounce for the first time since mid-December after the U.S. Federal Reserve said it will likely not raise rates for longer than previously expected due to a sluggish economic recovery.
Gold Prices Struggle to Hold Gains, Fed Action Being Watched
Gold prices struggled Wednesday to hold recent gains as the dollar rose and investors awaited results of the Federal Reserve's two-day meeting on interest rates.
Gold Prices Fall on Weaker Euro, Crude Oil Prices
Gold fell on Tuesday as a lower euro, due to an impasse to restructure Greek debt, and weakness in crude oil and equities prompted investors to take profits.
Gold Prices Retreat on Profit-Taking, Strong Dollar
Gold prices retreated Tuesday as the dollar rose in value, investors took profit from more than three weeks' of gains and talks between Greece and its debtors hit a snag.
Gold Prices Rise 1% to 6-Week High
Gold rose 1 percent on Monday to a six-week high, boosted by technical buying and as the euro rallied ahead of the outcome of a euro zone meeting on Greek debt restructuring.
Mail Aims to Raise State's Share in Mining Projects
Mali is seeking to raise the state share in mining projects to 25 percent from 20 percent in a proposed revision to the West African gold producer's mining law, a senior official at the state regulator told Reuters on Monday.
Gold Prices Rise on Optimism about Global Growth
Gold prices rose Monday to a six-week high on widespread optimism that recent signs of global economic growth mark a sustainable pattern.
Gold Demand in India Remains Subdued
Gold demand in India, the world's top buyer, remained subdued on Friday after prices edged higher, tracking a rebound in the world market and as the local currency pared early gains, dealers said.
Banks, energy issues lift TSX to higher close
The TSX finished higher for a third-straight session on Thursday as worries over European bank lending eased and U.S. economic data pointed to gradual economic improvements, sending financial and energy issues up sharply.
Gold Retreats as Fund Managers Book 2011 Gains
Gold struggled Friday as fund managers booked profits on the yellow metal's gains this year, offsetting the lift it normally would have gotten from rising crude oil prices and stocks.