GOLD

Gold traders in India, the world's biggest buyer, stayed on the sidelines as a rebound in the rupee raised hopes of prices dropping further after the yellow metal extended losses for the third day in a row, analysts said.

Given that gold, U.S. bonds and the U.S. dollar remain safe havens during times of uncertainty, they cannot be ignored.

Gold prices climbed on Monday as news that Greece's parliament had approved an austerity bill needed to release a second round of bailout funds lifted the euro, while platinum rose back towards a three-month high as supply issues flared up.

No one really knows about the mystery behind the scenes backstage preparing for a runway show. The International Business Times caught up with members of the back of house -- the makeup and nail teams -- backstage before the Falguni and Shane Peacock show at Mercedes-Benz Fashion Week in New York who are responsible for adding accessories of their own to the collection: ornate makeup and nail designs.

Avion Gold Corp said production has started at its newly developed underground mine at the Tabakoto gold deposit in Mali, West Africa.

Canada's Barrick Gold, the world's largest gold producer, plans to sell its 20 percent stake in Russia's Highland Gold, pulling out of one of the world's most promising - but also toughest - gold frontiers.

Adele swept the 54th Annual Grammy Awards, winning six Grammys in one night, including Album of the Year, Record of the Year and Song of the Year. Cee Lo Green and Taylor Swift were also big winners. Get the full list of Grammy Award winners at the 2012 Grammys here, from New Artist to Rap Performance of the Year.

The 2012 Grammys took place Sunday in Los Angeles as stars stepped out to celebrate Music's Biggest Night and honor the late Whitney Houston. The red carpet flaunting some sultry songstresses in black, including Adele and Rihanna who topped the best-dressed list.

Qatar is perhaps the wealthiest nation on earth.

Gold prices rose Monday after Greek lawmakers accepted terms of a deeply unpopular austerity plan that Eurozone leaders demanded as the price for financially rescuing the debt-choked nation.

Grammy Awards 2012 Winners

It was a clean sweep for British soul singer Adele who won six awards out of six nominations and took home the the 2012 Grammy for Album of the year for 21. She snagged the trifecta of record, song and album of the year.

Gold strengthened Monday in line with gains in shares and the euro after Greece's parliament finally approved a deeply unpopular austerity bill to secure a second bailout from the European Union and the IMF to avoid bankruptcy.

Turkmenistan votes on Sunday in a one-sided election certain to extend the rule of President Kurbanguly Berdymukhamedov over a Central Asian country holding 4 percent of global natural-gas reserves, which rights groups rank among the world's most repressive.

On Saturday, day three of Mercedes-Benz Fashion Week in New York, Rafael Cennamo presented his Fall 2012 collection of elegant evening wear, catering to a strong woman who is not just glamorous but also aggressive, according to the designer, with sharp metallics, midnight blues and hues of black and gray.

Maine's Republican presidential caucuses look like a two-man race between Mitt Romney, the party's current front-runner (who is trying to avoid a fourth straight state loss within a week), and libertarian-leaning Ron Paul.

Twilight hottie Taylor Lautner celebrates his 20th birthday on Saturday.

New York Fashion Week 2012 hit solid day two with designers like Jason Wu, Rebecca Taylor, General Idea and Rebecca Minkoff showing their Fall 2012 collections.

Gold fell on Friday, following losses in the euro and U.S. equities,as uncertainty over negotiations for a bailout package for Greece prompted investors to sell the metal and hoard cash.

Investors flocked to the security of safe-haven assets Friday, like U.S. Treasuries and cash dollar holdings, ahead of what is expected to be a volatile weekend in Athens, already rocked by riots and tense government negotiations.

Rebecca Taylor presented mistresses of the night--rocker chic models were not afraid to Rock the Night.