Gold Falls in Asia, Rebounds to Post Gains
Spot gold rebounded Wednesday in Singapore trading by as much as 0.8 percent from a sharp slide off the record high in the previous session.
Silver Mining Companies Settle Mixed
Silver mining companies settled mixed Tuesday, while the price of the white metal itself gave up ground to fears that global economic activity may be slowing.
Silvercorp Counterattacks its Accuser, Shares Surge
Shares of Silvercorp Metals Inc. jumped Tuesday after the Canadian company that mines for silver in China launched a public relations campaign to vindicate its reputation.
German Construction Activity Falls, Outlook Dims
German construction activity fell last month for the first time since December, according to a key survey of construction purchasing managers by Markit Economics.
Namibia OKs Chinese Takeover of Gold One
Australia and South Africa-listed Gold One International said on Tuesday that Namibian regulators had given the greenlight to its takeover by a Chinese consortium, removing one small hurdle to complete the transaction.
Gaddafi Supporters Cross into Nigeria with Gold
Loyalists of ousted Libyan leader Muammar Gaddafi crossed into Niger late on Monday in a convoy of vehicles, carrying gold and cash, officials from Libya's interim ruling National Transitional Council (NTC) said on Tuesday.
Hong Kong Shares Up; Gold Rises for Second Day
Hong Kong shares edged higher on Tuesday, as a late short covering rally helped snap a two-day losing streak, but strong gains in utilities names and low turnover suggest that investors remain skeptical the bounce can be sustained.
Freeport McMoRan's Indonesian Workers Set Sept. 15 Strike Date
Freeport McMoRan Copper & Gold's Indonesia mine workers are set to strike from Sept. 15 to Oct. 15 unless the firm meets their demands for a pay rise, Julia Parorongan, the firm's workers union spokeswoman, told Reuters on Tuesday.
How the Gold Market of the 1970s Compares with Today's Gold Market
A British perspective on the gold markets of the 1970s and today
Silvercorp Denies Fraud Allegations
The largest silver producer in China says it is being accused of accounting fraud by an anonymous party who admits to placing financial bets that the Vancouver-based company's shares will fall.
Attention Gold Investors: Stocks May be Set to Beat Bullion
As strongly as gold bullion prices have risen lately, the are greater for an even more robust surge among gold mining company stocks, a CIBC analyst said.
Silver Mining Company Stocks Post Big Gains
Silver mining company stocks posted big gains Friday on the back of a hefty surge in silver's price and renewed fears that the U.S. may be headed for a double-dip recession.
Gold Prices Soar on Safe-Haven Buying; Silver Shoots up by 3.7 Percent
Gold prices vaulted higher Friday, as did silver prices, after the U.S. government revealed that no new jobs were created last month, a body blow to stocks but a gift to investors who bought Treasuries or precious metals.
Gold Rises with Fears about Pace of U.S. Recovery
Gold rose to a 1-1/2 week high on Friday as investors sought refuge in safe haven assets after a disappointing labour market report from the United States added to mounting fears about the pace of recovery in the world's largest economy
Safe-Haven Buying Lifts Gold in Europe
Gold rose to a 1-1/2 week high on Friday, benefiting from caution about the euro zone debt crisis and ahead of the key U.S. non-farm payrolls data which is likely to underscore the frail state of the world's largest economy.
Gold Steady in Asian Trading
Gold prices held steady on Friday as investors stood on the sidelines ahead of a key U.S. payrolls report due later in the day, after recent data sent mixed signals about the status of the world's largest economy.
Analysis: Gold Sales Won't Solve Europe's Problems
Europe's most indebted nations are under heavy pressure from their richer neighbors to sort out their finances, but they are unlikely to mimic the impoverished gentlefolk of old by selling off the family silver -- or in their case, gold -- to do so.
What the Seriously Rich are Doing wtih Their Gold
Some of the world's richest families are cutting their holdings in gold to take profits on the run-up in prices and are buying high-end art to preserve their wealth during market turmoil, an executive advising these families.
3 Reasons to Invest in Palladium
The value of palladium, the least known of the world's four major precious metals, is set to rise this year, perhaps more sharply than its more popular cousins.
Gold Price Falls on Strength of U.S. Dollar, Economy
Gold prices slipped a bit Thursday as a stronger dollar and signs that the U.S. economy is growing and avoiding a double-dip recession.
Gold Falls as Strong Economic Data Lifts Stocks
Gold fell Thursday on indications from both sides of the Atlantic that economic activity was picking up, a development that encouraged investors to leave various so-called safe-having investments like gold and Treasuries for the promise of equities.
Romanian Gold Mine Advances but Criticism Continues
Romania's top environmental official objected Thursday to plans for a huge gold mine that recently received a key governmental approval, but the head of the mining venture responded by saying his project's environmental standards will be among the highest in the world.
Analysis - AuRico Gold Struggles with Reputation, Expectations
AuRico Gold is having a difficult time escaping the image of being a miner more prone to delivering disappointment than gold bars.
Harmony Gold Gets OK from SA Mining Union of 2-Yr Deal
South Africa's National Union of Mineworkers (NUM) said on Thursday it had reached a two-year wage deal with ALS, a contractor working at Harmony Gold's Kalgold mine.
Barclays Becoming Trading Member of Shanghai Gold Exchange
The Shanghai branch of British bank Barclays has won approval to become a trading member of the Shanghai Gold Exchange, the seventh foreign financial institute to obtain such membership, said the exchange on its Web site.
Gold Rises in European Trading
Gold prices recovered some early losses on Thursday after European stock markets fell, snapping a three-day rally, and as investors weighed up the prospect of a fresh round of quantitative easing from the U.S. Federal Reserve.
Endeavour Mining Buy of Adamus Resources Done by November
Australia's Adamus Resources said on Thursday it expects a friendly takeover by Canada's Endeavour Mining Corp to be completed in early November, creating a West Africa-focused company producing a quarter million ounces of gold annually by 2013.
Golden Predator Boosts Holdings in Yukon
Golden Predator Corp. acquired the Livingstone district in the Canada's Yukon, raising its land holdings in the region by about 43 percent.
Stocks, Gold Rise in Asian Trading
Asian stocks rose on Thursday following gains on Wall Street, with technology and consumer shares outperforming, and credit spreads tightened on optimism central banks around the world will have to do more to support industrial activity.
Gold, Silver Prices Rise on Strong Foreign Buying
Gold and silver prices closed modestly higher on the futures markets Wednesday as strong demand from foreign buyers offset expectations that the Federal Reserve will signal fresh, potentially inflationary, intervention in the market next month.
