Gold-buying prices held at two-week lows vs. the Dollar in London on Friday, as the US currency jumped and world stock markets sank after a powerful tsunami hits the Japanese coast 190 miles north-east of Tokyo.
Gold Investment is most commonly associated with gold bullion coins, and there are very good reasons for that. The best and most widely circulated coins are 90 to 99.99 percent one ounce gold coins, with the 5 main coins listed in this article. The pioneer bullion coin and best known one is the South African Krugerrand.
Professor of electrical engineering at Columbia University, Karen Bergman is working on an alternative model for flow of Internet traffic that could drastically increase the speed at which information travels over the web.
Gold touched a record high above $1,440 an ounce on Wednesday, as a bullish confluence of political unrest in Libya, surging oil prices and easy monetary policies spurred safe haven buying.
Dutch artists Adrei and Alfons Kennis have made Ötzi come alive by using 3D images of his skull as well as X-ray and CT images and have made him the main attraction of the exhibition.
Copper output in Zambia, Africa's leading producer of the metal, increased by 60 percent in January as mining companies boosted production due to favourable prices, the central bank said on Wednesday.
U.K. Telecommunications Regulator Ofcom has found that broadband speeds are often half of what is advertised.
Gold prices held just below the previous session's record high in Europe on Wednesday, as the acceleration of global inflation and the threat that violence in the Middle East and North Africa will spread supported interest in the metal as a haven from risk.
Hong Kong stocks may receive respite from good corporate results on Friday, but will remain under pressure and will likely trade in a narrow range, weighed down by concerns about volatile oil prices and ongoing turmoil in the Middle East.
It’s no secret that speculators are buying up long contracts of commodities futures. However, the crowding of speculators in into one trade (in this case, long all kinds of commodities) usually spells an imminent reversal, especially if commercial users are on the other side of their trades.
Newmont Mining Corp's (NEM.N) fourth-quarter profit rose sharply, beating Wall Street estimates, and the company increased its gold reserves by 2 percent. The world's No. 2 gold producer said on Thursday that net earnings were $812 million, or $1.61 per share, compared with $558 million, or $1.13 per share, in the same quarter of 2009.
Merger and acquisitions activity in the global mining sector is expected to accelerate in 2011, fueled by strong commodity prices and repaired balance sheets, advisory and accountancy firm Ernst & Young said on Wednesday.
China's environmental protection agency has vowed to curb heavy metal pollution in a bid to cut widespread industrial contaminants like lead that have poisoned children and sparked protests.
Spot gold was last down 0.8 percent at $1,394.14 an ounce at 1025 GMT, having risen on Monday to its highest in about seven weeks. U.S. April gold futures were up 0.5 percent at $1,395.20 an ounce.
China's top nickel producer and third-biggest copper producer Jinchuan Group Ltd is seeking a local listing for its technology unit this year, after it bought a Hong Kong-listed firm for its overseas resource assets, a top executive said on Friday.
China on Friday raised banks' required reserves by 50 basis points, showing no let-up in a campaign to stamp out stubbornly high inflation.
You can't really blame financial hacks for getting things so wrong, so often. Because every financial decision you now make is a speculation on interest rates. And so pretty much every story a financial journalist might choose to write must start and end with the same speculation, built on the inaction of each monthly central-bank vote.
The price of large, wholesale Gold Bars continued rising for US investors on Thursday, ending London trade at a 5-week high of $1383 per ounce as world stock markets held flat and the Dollar slipped on the currency market.
Zambia's economy is expected to grow 6.5 percent this year and 6.6 percent next year on the back of a rally in copper prices and improvements in agriculture, a Reuters poll of 12 economists showed on Thursday.
The debts assumed by the Western democracies will overwhelm their economies and lead to the end of our current Dollar-denominated, global currency regime. This has profound implications for Americans' standard of living and our empire's role in the world.
The companies whose shares are moving in pre-market trade on Monday are: Nvidia, Expedia, Freeport-McMoRan, Netflix, Nokia, GameStop, Clorox and Wal-Mart Stores.
China's trade surplus fell to its lowest in nine months in January after imports surged, supporting the government's case ahead of a G20 meeting that it is doing enough to spur domestic demand without speeding up currency appreciation.