Gold Prices Ride Equities, Commodities Rally for Big Gain
Gold prices rode a global stock market and commodities rally Tuesday break a two-day losing streak.
Gold down but Silver, Platinum, Palladium Close up
Gold prices closed modestly lower Monday but other precious metals posted gains as bargain hunters moved in to take advantage of discounts on silver, platinum and palladium.
Gold to Reach $1,940 by Yearend - Goldman Sachs
Oil, gold and base metals are Goldman Sachs' top commodity picks this year, with big upside risk in oil due to tight fundamentals and a potential Iranian conflict, the investment bank said on Monday.
Graystone Expands its Peru Prospect
U.S.-based mineral mining company Graystone Co. Inc. said Monday it acquired a 1,977-acre concession in Peru.
Gold Prices up on Euro Strength
Gold recovered from lows on Monday, lifted by gains in the euro versus the dollar after French and German leaders said there had been progress on the region's fiscal integration, but its rise was capped by caution after the metal's hefty losses last month.
Goldcorp Sees '12 Gold Output of 2.6M Ounces
Vancouver-based Goldcorp Inc. said Monday it expects its 2012 gold production to be 2.6 million ounces.
Indian Gold Traders Jump on Lower Prices
India gold traders stocked up on Monday afternoon, continuing to benefit from a 7 percent fall in prices from the beginning of December, while silver retraced from its 1-week low to be flat.
Khartoum Stock Exchanges Launches Electronic Trading
The Khartoum stock exchange on Sunday launched a long-awaited computer trading system that will bring to an end an era of scribbling stock prices on white boards and also marks Sudan's efforts to attract more investment.
Impala Platinum's Bankers Must Pay Outstanding Royalties - Zimbabwe
Zimbabwe has instructed bankers for Impala Platinum's local unit Zimplats to pay $28.3 million in outstanding royalty payments, which the platinum miner is disputing, state media reported on Monday.
Statoil Gets 2nd Big Barents Sea Discovery
Norwegian oil firm Statoil has made a second big oil discovery in the Barents Sea in less than a year and predicted more discoveries to come in the region, further boosting the remote Arctic region's oil prospects.
Weak Dollar, Chinese Buying Supporting Gold Prices
A weakening dollar combined with bargain hunting, short covering and Chinese physical demand to lift gold prices Monday for the fifth time in the last six trading sessions.
U.S. Mint's Philadelphia Plant Halts Public Tours for Renovations
The United States Mint said Friday public tours of its production plant in Philadelphia are being closed until this summer so the facility can be renovated.
Shares of Precious Metals Miners Decline
Shares of companies that mine precious metals drifted lower Friday along with the broader equity market and the price of gold.
Gold to Achieve 12th Consecutive Yearly Price Gain - Deutsche Bank
Deutsche Bank said Friday negative real interest rates, central bank buying, dollar weakness and prospects for a European Central Bank balance sheet expansion augur well for gold prices to achieve a 12th consecutive annual gain.
AngloGold Ashanti Theft Stopped by Tanzanian Police
Heavily armed robbers tried to steal a stack of gold bars from a plane at an airstrip near a mine in Tanzania owned by AngloGold Ashanti but were thwarted by the country's police.
Gold Prices Rise, Eurozone Fears Offset Strong Dollar
Gold prices rose Friday as concerns about the Eurozone's economy and the health of its banks offset the effect of a stronger dollar.
Silver Mining Company Shares Gaining
Silver mining company shares rose Thursday as the price of the gray metal climbed nearly 1 percent and the broader equity markets posted gains.
Gold Rises for Fifth Day, Link with Risky Assets Strained
Gold rose on Thursday, a day after it broke ranks with riskier assets, on track to extend to a fifth straight day of gains in the face of a sharp fall in the euro on renewed European debt fears.
Weakening Euro May Hit U.S. Tech Exporters
Major U.S. technology companies, which derive the majority of their revenue from abroad, with between 25 percent and 33 percent overall from Europe, have warned about potential fallout from the Eurozone crisis since last July.
Safe Haven Appeal of Gold Re-emerges
Gold was on course for a fifth straight session of gains on Thursday as growing anxiety on Iran boosted its safe-haven appeal and rising seasonal demand in China buoyed sentiment.
Gold Prices Rise; Iranian and French Auctions in View
Gold prices rose Thursday as Chinese purchases of physical gold and concerns Iran might spark a regional conflict by attempting to block the Strait of Hormuz offset concerns over a Eurozone recession.
Gold Prices Rise for Fourth Day
Gold rose around 1 percent on Wednesday, breaking ranks with the euro as renewed hedge fund and technical buying put the precious metal on track for its fourth straight day of gains.
Gold Price Rises in Big 2-Day Rally
Gold was set for its strongest two-day rally in 2-1/2 months on Wednesday after an agreement in principle among European leaders to ban Iranian oil imports boosted the crude price and catapulted bullion to two-week highs.
Chrysler's New Vehicle Sales up 37% in U.S. Last Month
Chrysler reported a 37 percent rise in U.S. new-vehicle sales in December as the U.S. automaker finished the year with strong gains thanks to a refreshed lineup of cars and trucks.
India Mandates 'Hallmarking' of Gold Jewelry
India has made hallmarking gold jewelery mandatory, a senior government minister said on Wednesday, a move that could boost demand in the world's biggest gold market by taking care of quality worries.
Gold Prices in India Rise Modestly
Gold demand in India, the world's top consumer of the metal, was moderate on Wednesday as some jewellers chose to restock despite a price rise, dealers said Wednesday.
Gold Could Go to $1,200 - Jim Rogers
The euro could rebound in the near-term despite the problems affecting continental Europe, as investors are overly bearish on the currency, investor Jim Rogers said on Tuesday.
Damas International Shareholders Prep for Sale
The largest shareholders of Middle East jeweller Damas International have appointed a financial adviser ahead of a potential sale of some of their shares, the firm said in a regulatory filing on Wednesday.
Gold Extends Gains after Starting 2012 with Big Surge
Gold prices opened higher Wednesday after opening the new year with a 2 percent rally on expectations of increasing Asian demand and support from the price of crude oil.
Gold up 1.7% on Bargain Hunting, Ends Year up 9.1%
Gold rose two percent on Friday in a rebound rally, boosted as the euro rose against the dollar and as investors covered short positions the session after the metal hit a six-month low and briefly entered bear-market territory.
