Gold prices jumped two percent to hit their highest point in six weeks and regain, at least for now, its traditional role as a safe-haven investment.
Yukon-Nevada Gold Corp. reduced its third-quarter loss on higher gold prices and increased gold production as well as a gain on warrants.
Gold prices climbed from eastern Asia to Western Europe Monday as worries about Europe's sovereign debt crisis spreading to Italy offset news that Greece's prime minster will resign.
Gold prices gained nearly 1 percent on Monday after Greece's politicians sealed a deal to form a coalition government, while continued uncertainty about resolving the zone's debt crisis supported safe-haven demand in bullion.
Primero Mining (P.TO: Quote) posted a third-quarter profit, helped by strong gold prices, sending its shares up as much as 7 percent.
Higher gold prices and increased sales lifted New Gold Inc.'s adjusted third-quarter earnings nearly 70 percent, the Vancouver-based company said Friday.
Gold prices hovered Friday near six-week highs as the Greek prime minister awaited a no-confidence vote sparked by his sudden proposal for -- and just as sudden withdrawal of -- a referendum on accepting bailout money.
Gold prices surged two percent Thursday after a surprise interest rate cut by the European Central Bank and Greece's prime minister abruptly dropping a widely denounced plan for a referendum on accepting bailout money.
With a gleam in his eyes, Sidney Hamden recalls the glory days of Kirkland Lake, the little Canadian mining town in northern Ontario that was long ago dubbed The Mile of Gold.
Gold rose 1 percent on Thursday, boosted by a surprise interest rate cut by the European Central Bank and safe-haven buying amid an uncertain future for the European Union as Greece's government was on the brink of collapse.
Gold prices rose Thursday amid widespread uncertainty over whether Greece will leave the Eurozone or remain in the debt-plagued federation.
Shares of Randgold Resources Ltd., a top gold mining company focused on West Africa, soared Wednesday as rising production and prices combined to boost its third-quarter income four-fold.
West Africa-focused miner Randgold Resources Ltd. is confident of posting record gold production in the fourth quarter, enabling it to meet its annual guidance as it expands output from its Gounkoto mine in Mali.
Gold prices rose Wednesday on bargain hunting, continued strong demand from central banks for bullion and a weaker dollar.
Gold prices fell sharply Tuesday but regained much of the lost ground to close down 0.8 percent on reports that retail investors are increasing their exposure to gold-back exchange-traded products.
Gold prices fell 1.5 percent Tuesday as Chinese manufacturing slowed more than expected and Greece blindsided markets with plans for a referendum on whether to accept another bailout.
Gold prices fell 1.4 percent Monday as the bankruptcy of a broker-dealer heavily invested in European sovereign debt drove investors to the safety of the dollar.
Centamin Egypt Ltd. posted quarterly net profit almost three times the year-ago level, boosted by higher gold prices, and said it was on track to hit its revised 2011 gold production target.
Gold prices dropped about 2 percent on Monday, after Japan's intervention in the currency market triggered a rapid rally in the dollar, spooking precious metals investors.
U.S. and European shares took a breather on Friday after a strong rally on a long-awaited euro zone rescue deal, but a weak sale of Italian bonds showed investor confidence in the agreement was shaky.
Peru's government will broker talks on Friday between townspeople and U.S.-based miner Newmont in a bid to solve a conflict over the planned $4.8 billion Minas Conga gold mine, officials said.
Spot gold held steady Friday, on course for its biggest weekly rise in 33 months, after the euro zone's last-minute deal on containing the debt crisis cheered investors, but a rebound in the dollar may weigh on prices.
