SILVER

Traders await the start of the trading at the New York Stock Exchange

U.S. Stocks Start March Mildly Higher: Daily Market Wrap

U.S. stocks advanced Thursday buoyed by a strong weekly jobless claims numbers and solid monthly sales from retailers. Meanwhile, European markets were lifted by a well-received Spanish auction and news that Greece is one step closer to winning a €130 billion ($173.15 billion) bailout.

Gold up 1.5% after 'Healthy' Correction

Kumtor mine in Kyrgyzstan
Gold rose 1.5 percent on Thursday, rebounding above $1,700 an ounceas the previous session's 5 percent plunge induced investors to buy at lower prices on hopes the tumble was a healthy correction rather than the start of a bear market.

Polymetal Eyes Asian, European Acquisitions

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Russian precious metals miner Polymetal is eyeing acquisitions in Kazakhstan, Armenia, Ukraine, the Russian Far East and Urals, chief executive Vitaly Nesis told Moscow's RBC Daily in an interview published on Thursday.
Gold

Gold Recovers by 1% After Plunge on Bernanke Comments

Spot gold rose more than 1 percent Thursday, recovering from its biggest fall in more than three years in the previous session when U.S. Federal Reserve Chairman Ben Bernanke failed to signal further monetary easing.
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Traders work on the floor of the New York Stock Exchange

Dow Closes above 13,000 for First Time Since May 2008: Daily Markets Wrap

Markets closed higher Tuesday through a choppy session, as indicators gave conflicting signals on the U.S. economy, while Ireland announced it would hold a referendum on Europe's new fiscal treaty. All eyes are now turned to European Central Bank's second liquidity injection set to take place Wednesday.
Armani

Milan woos luxury spenders with Baroque opulence

Designers at Milan Fashion Week stitched velvet roses and gilded threads on embroidered winter fabrics seeking to lure the kinds of consumers who can still afford to splash out on luxury clothes during a period of financial austerity across Europe.
Xperia U

Sony Unveils New Xperia Smartphones at MWC 2012

Sony Mobile Communications has unveiled the newest additions to its Xperia NXT series- the next generation smartphones Xperia P and Xperia U at WC 2012. The smartphones will be launched worldwide in the second quarter of 2012.
Australia's Kingsgate to boost Thailand gold yield

India Gold Seen Rising above 29,000 Rupees

Indian gold futures, which struck a two-month high last week, could extend gains to top 29,000 rupees, a level keenly watched by the market, due to higher crude oil prices and weakness in the dollar versus the euro, analysts said.
With Siri, Mercedes-Benz drivers will soon have a hands-free solution to listen to music, change channels on the radio, send texts, or make calls.

Why Mercedes Benz Picked Apple's Siri to Power 'Drive Kit Plus'

Mercedes Benz unveiled plans on Monday to use Siri, Apple's virtual personal assistant exclusive to the iPhone 4S, to power its electronics system called Drive Kit Plus, which will essentially let drivers access their iPhone apps while driving using voice commands.
Gold coins from a treasure trove of gold and silver coins worth $500 million and recovered from a Spanish ship believed to be from the wreckage of the Nuestra Senora de las Mercedes, a ship sunk by the British Navy in 1804 as it returned from South Americ

Spanish Treasure Lands after 200 Years

Coins worth nearly half a billion dollars finally arrived in Spain on Saturday after lying in a sunken warship for more than 200 years and following a five-year legal battle between the Spanish government and a salvage company.
Voters To Romney, Paul, Santorum And Gingrich: We Don't Want Any Of You

What is a Super PAC? Everything You Need to Know

Super PACs are new in this election season, but the term is popping up everywhere in politics. That's because these deep-pocketed fan-clubs have become a major force the race for the Republican presidential nomination.
India 2012/13 gold imports may fall 35 pct-gov panel

India Gold Traders Stay Away from New Deals

Gold traders in India, the world's biggest buyer of bullion, were reluctant to enter the market on Friday as the prices remained elevated, though off their 10 week highs.
Gold bullion vault

Novagold Seeks Buyer for Stake in Galore Creek Project

Canadian miner Novagold said on Wednesday it has begun the process of trying to sell its 50 percent stake in the Galore Creek copper-gold project in British Columbia so that it can focus fully on its flagship Donlin gold project in Alaska.
FDA

FDA Acts to Stem Shortages of Two Cancer Drugs

The U.S. Food and Drug Administration said it will resolve a potentially life-threatening shortage of two leading cancer drugs by allowing one of them to be imported from abroad and rushing approval for a new manufacturer to make the second.

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