GOLD PRICES

S&P Move Piles Pressure on Eurozone Assets

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European stocks and the euro slid and most bond yields rose after the threat from rating agency Standard & Poor's to downgrade Eurozone countries en masse if no credible plan to solve the debt crisis emerges at a summit later this week.
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Indian woman tries on gold jewelry

Gold's Price Affecting Indian Brides, Jewelers

Simone Bora is contemplating the unthinkable -- an Indian wedding without lavish amounts of gold after record high prices and a sinking rupee have dimmed her hopes of sparkling at the party. We need to think whether to buy gold or not because nearly 30,000 rupees for 10 grams is too much, Bora said in a jeweler's shop in Zaveri Bazaar in Mumbai, one of the world's biggest gold markets. Thirty-thousand rupees is $580.
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Gold Bull Run to Last into 2012 - Analysts

The spectacular bull run in gold prices is unlikely to end soon, with bullion retaining its appeal in 2012 due to the uncertain global economy, analysts and industry officials said on Friday.
OAO Severstal Mordashov

Severstal Set to Spin off Nord Gold

Severstal, Russia's biggest steelmaker, is set to spin off its Nord Gold unit and could list the standalone business in London, less than a year after being forced to pull a planned $1.5 billion public offering.
Gold

Surging Gold Prices Curb Indian Demand

Simone Bora is contemplating the unthinkable -- an Indian wedding without lavish amounts of gold after record high prices and a sinking rupee have dimmed her hopes of sparkling at the party.
Gold

High Gold Price Keeps Indian Buyers at Bay

Simone Bora is contemplating the unthinkable - an Indian wedding without lavish amounts of gold - after record high prices and a sinking rupee dimmed her hopes of sparkling at the party.
Molten gold

Gold Prices Surge on Fresh Hope for Eurozone

Gold prices surged Monday as German and French leaders worked on emergency plan to save the Eurozone within weeks rather than months and strong U.S. retail buying bolstered equities.
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Indian Gold Prices Set to Fall from Peak - Survey

India gold prices are likely to fall more than 3.5 percent from its peak after a 16 percent rally last quarter as investors resort to year-end profit-taking while tepid wedding demand weighed, a Reuters poll of banks and brokerages found.
100 gram gold bar and 12 kg gold bar

Gold Prices Slide Towards Second Weekly Drop

Gold prices fell Friday in what appeared to be their second straight weekly retreat in the face of a Eurozone crisis, which after two years has yet to be contained, let alone solved, and now threatens Europe's financial liquidity.
Gold

India Gold Price Will Fall in Next Quarter: Poll

India gold prices are likely to fall more than 3.5 percent from its peak after a 16 percent rally last quarter as investors resort to year-end profit-taking while tepid wedding demand weighed.
Machinery at Cortez Mine

Gold Tumbles but Rebounds to Near Starting Price

Gold prices fell Wednesday as investors sold the metal to raise cash but bargain hunting and short covering pared the losses so the yellow metal ended the session just shy of its opening price.

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