Result Page 40 for Latest Gold News & Archive

Gold Steady in East Asian Trading

Spot gold was steady on Friday, but was likely to register its first weekly drop after seven straight weeks of gains as investors awaited a speech by U.S. Federal Reserve Chairman Ben Bernanke later in the day.

Spot Gold Drops 0.4%, Set for a Down Week

Spot gold lost 0.4 percent Friday, on course for its first weekly drop after seven straight weeks of gains, as investors awaited a speech by U.S. Federal Reserve Chairman Ben Bernanke later in the day.

Gold Prices Fall but Then Recover; Silver Steadily Climbs

Gold prices fought off an early drop to post modest gains Thursday as investors thought better of the yellow metal's value as a safe haven.

Bernanke Speech: What Will Fed Chairman Say?

Fed Chairman Ben Bernanke's much-anticipated speech Friday will likely disappoint investors and policy makers hoping for signs the central bank will try to rev up the weak economy, but the speech is likely to relieve gold investors who have booked big profits from that same economic malaise.

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Euro Rising; Some See Gold Weakness As Cause

The euro inched up against the dollar on Thursday, tracking gains in European shares on speculation the Federal Reserve may signal more economic stimulus measures, but analysts saw the risk of a correction if such expectations are not met.

SPDR Gold Trust Says Holdings down 2.2 Percent

SPDR Gold Trust said its holdings fell 2.2 pct, in its biggest one-day drop in seven months, as gold futures slid more than $100 on strong U.S. economic data and ahead of a key Federal Reserve meeting.

Glencore International Posts Big 1H Profit Gain

Commodities trader Glencore International posted a 50 percent rise in headline first-half profit and said it saw opportunities emerging from turbulence in its key markets as commodity demand remains strong.

Gold Down on Sense That Bernanke Will Signal Support for Economy

World stocks edged up on Thursday while gold fell sharply as investors took an optimistic view of how clearly the Federal Reserve will commit to supporting the economy at a gathering this week.

Gaddafi Will Try to Sell Libya's Gold - Bank Official

Muammar Gaddafi will try to sell part of Libya's gold reserves to pay for his protection and sow chaos among tribes in the north African country, said his former central bank governor Farhat Bengdara.

Japanese Retail Interest In Gold Rising

For Eriko Ebina, standing outside a downtown Tokyo medical equipment store that has a side business buying gold, the recent surge in prices for the precious metal was just too tempting.

Harmony Gold Not a Takeover Target - CEO

Harmony Gold may be undervalued but the world's fifth largest gold producer was not vulnerable to a take-over bid, Chief Executive Officer Graham Briggs said.

Gold Extends Losses after CME Margin Hike

Gold extended losses on Thursday to fall as much as $200 from Tuesday's record high, as investors cashed in scorching gains in the metal after the CME Group hiked trading margins for the precious metal for a second time this month.

High Gold Price Spurs Amateur Panning for the Precious Metal

On his days off, Cordell Kent drives with his family about an hour into the eastern Australian countryside, lays out a picnic blanket and then joins hundreds of other families panning for gold in hopes of striking it rich.

Gold rebounds 1 percent ahead of Jackson Hole meeting

Gold Drops Another 1 Percent

Gold fell more than 1 percent Thursday, extending the previous session's losses, after the CME Group (CME.O) raised trading margins by the most in more than two and a half years to curb volatility.

Beward of Gold Scams - FINRA

The independent Financial Industry Regulatory Authority warned investors Wednesday about investment scams that promote gold stocks whose real value is difficult to calculate.

4 Reasons Gold Will Rise, Sooner Than Later

The big price drop Wednesday in the price of gold is not the beginning of a trend, say analysts, but rather a pause in a longer term bull market that has a lot farther to run.

Gold Falls More than 5 Percent

Gold fell Wednesday in electronic trading as investors took profits, economists heralded a positive indicator and Wall Street held its collective breath that the chairman of the U.S. central bank would signal support in a key speech later this week.

Silver Prices Lead Precious Metals Retreat

Silver prices and silver stocks led the descent Wednesday of precious metals with some silver mining companies falling more than 7 percent.

Gold Plunges, Stocks Rise, Dollar Gains

Gold prices dropped on Wednesday and were headed for their biggest two-day loss since the peak of the financial crisis, while the dollar rose as investors bet a speech by the Federal Reserve chairman later this week will not reveal any major central bank initiatives.

Allied Gold Mining Optimistic About Prospects in Papua New Guinea

Australia-based Allied Gold Mining plc said Wednesday it is not concerned about possible changes to legislation in Papua New Guinea regarding resource extraction.

Gold Price Down; Precious metals ETFs Fall

Gold and silver prices plunged Wednesday as a strengthening stock market and hope that the U.S. central bank will take steps to boost the American economy dimmed the appeal of precious metals as a safe haven.

Gold Falls Hard as Stocks Rally on Economic News

Gold prices dropped sharply Wednesday after a strong U.S. durable goods report, profit-taking by investors and encouraging news from the Congressional Budget Office about the deficit.

Gold Falls as Strong Durable Goods Report Hits Precious Metals

A strong durable goods report Wednesday helped reverse a short-lived rebound in precious metals, which had been gaining early in the day on a downgrade of Japan and worries that economic growth in both the U.S. and Europe was tepid at best.

Moody's Downgrade of Japan Lifts Gold

Gold bounced back on Wednesday after suffering its worst setback in 18 months, as risk appetite retreated on Japan's debt rating downgrade, while oil and metals were supported by hopes the U.S. would inject fresh stimulus to boost the economy.

Freeport McMoRan Copper & Gold, Indonesian Workers Extend Talks

The deadline for pay talks between Freeport McMoRan Copper & Gold and its Indonesian workers has been extended until the end of this week, with little progress made so far, a union official told Reuters on Wednesday.

Spot Gold Rebounds in Asian Trading

Spot gold rebounded in Singapore overnight on Wednesday from its worst day in 18 months, while bullion's safe-haven appeal seemed to be waning for now with investors returning to riskier assets on hopes of more stimulus for the U.S. economy.

Japanese Gold Investors Start to Cash in

For Eriko Ebina, standing outside a downtown Tokyo medical equipment store that has a side business buying gold, the recent surge in prices for the precious metal was just too tempting.

Harmony Gold Sees Output Jump

South Africa's Harmony Gold Mining Co , the world's fifth-largest gold producer, said on Wednesday output for its 2012 financial year should rise to between 1.45 million ounces and 1.55 million from around 1.3 million in 2011.

Gold Back up to $1,851 after Brief Drop

Gold rebounded more than 1 percent Wednesday after posting its biggest drop in 18 months, as risk appetite retreated after Moody's downgraded Japan's debt rating and strong buying interest in Asia's physical market lent support.

Gold Futures Price Falls on Profit-Taking

Gold prices were falling steadily late Tuesday in electronic trading as investors took profit from recent gains and bought stocks in expectations that the Federal Reserve will intervene in the bond market to give the anemic U.S. economy a lift.

Electronic Trading in NYC Continues Through Earthquake

Electronic trading on the CME Comex division of the New York Mercantile Exchange continued Tuesday despite the effect of an earthquake that measured 5.8 on the Richter scale.

Gold Gives up Some Ground on Profit Taking, Fed Prospects

Gold closed down 1.6 percent as investors ignored mixed economic news to take profits from recent gains and to put their confidence in the head of the U.S. central bank whom they hope will use a speech later this week to signal support for the ailing American economy.

Prototype of Kardashian wedding commemorative coin

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