Gold prices rose on Tuesday as concerns over the financial health of the euro zone resurfaced ahead of a summit in Paris between French and German leaders, at which they will try to thrash out a solution to the bloc's debt crisis.
Spot gold held onto gains made in the previous session on Tuesday, but hopes that a Franco-German summit will make progress to help quell the region's sovereign debt crisis are expected to keep a lid on prices.
MAG Silver Corp., a junior mining company based in Vancouver with operations in Mexico, said it swung to a profit in the second quarter and trimmed its loss for the first half of the year.
Merger news and strong demand from Europeans lifted gold and silver prices Monday, as well as shares of the companies that mine the precious metals.
Zsa Zsa, who is in failing health, and her husband have been married for 25 years
Silver prices and the shares of silver mining companies rose Monday along with the price of gold and the broader U.S. stock market.
Gold prices eased for a third session on Monday as stock markets and cyclical assets such as industrial commodities continued to recover from a rout they suffered early last week, diverting investment away from the precious metal.
Gold and silver prices rose Monday in early U.S. trading as Europeans bought unusually large volumes of the yellow metal.
Commodities saw volatile movement last week, driven by intensifying talk of U.S. double-dip recession, spreading of sovereign crisis from the European periphery to core economies, speculations of U.S. Fed's easing measures, and supportive macro-economic data.
Many stars including Justin Bieber, Kim Kardashian, Tyra Banks, Victoria Justice, Nick Cannon, Will Ferrell, Kerry Washington, and of course, Demi Lovato came out to the Do Something Awards in LA on Aug. 14. The show was hosted by Jane Lynch from "Glee," and celebrated people under 25 who help out their community and world around them through various social activities. Some of the celebrities were receiving awards in various categories while other were presenters.
With recession fears weighing on equity markets, resource investors would do well to steer clear of speculative Canadian mining plays and put their cash into producing miners with strong balance sheets.
Gold prices eased for a third session on Monday as stock markets and cyclical assets such as industrial commodities continued to recover from a rout they suffered early last week, diverting investment away from the precious metal.
Hollywood actress Jessica Alba gave birth to her second baby girl. Alba and her husband Cash Warren welcomed the baby, who was named Haven Garner Warren, in a hospital on Saturday.
Mike Myers will make his return to film as his most popular live-action character ever, Austin Powers.
Gold dropped 1.5 percent on Friday, falling further from the previous session's record highs, as a rise in appetite for riskier assets prompted profit-taking from bullion's sharp safe-haven rally this week.
Gold and silver prices retreated Friday as investors shrugged off weak consumer sentiment data to step back into stocks and give the S&P 500 a two-day winning streak for the first time since mid-July.
The retreat Friday in the price of gold marks a pause, nothing more, in the precious metal's ascent, according to a Barclays Capital report.
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European fund managers led a chorus of criticism of a two-week short-selling ban slapped on four euro zone stock markets on Friday, with restrictions seen more likely to nurture erratic trading than eliminate it.
Gold and silver mining company stocks fell Friday as the broader equity markets posted gains, extending for a second day their rebound from this month's horrendous downdraft.
Gold prices fell on Friday, extending the previous session's retreat from record highs as fresh strength in equity markets and gains in the euro versus the safe-haven Swiss franc pointed to sharper appetite for risk.
Toronto-based Primero Mining Corp., a precious metals producer, said Friday it expects its common shares to begin trading on the New York Stock Exchange on Monday under the symbol "PPP."