Gold dropped more than 2 percent on Monday, hit by margin selling related to an equities sell-off that stemmed from mounting fears about government debt in Europe and the United States.
Financial-related issues are taking the worst beating in the session.
Gold prices tumbled below the psychologically significant $1,700 level Monday as fears that neither the U.S. nor Europe appear able to make progress on their sovereign debt problems drove investors to the dollar.
Alexandria Minerals Corp. discovered gold about 60 miles northwest of Montreal at the company's Akasaba gold project in Val d'Or, Quebec, the Toronto-based company said Monday.
Harmony Gold said on Saturday a miner who was trapped underground at its Kusasalethu mine in South Africa after a fall of ground has died and that all operations remained suspended pending an investigation.
Take a look at the shimmering metallics and other fierce ensembles from last night's AMAs.
Hecla Mining Co. backed its full-year production outlook on Monday despite the suspension of work at its Lucky Friday silver mine in Idaho, where a contractor died in an accident last week.
Silvercorp Metals Inc said it will buy China's SX Gold Mining Company for about $22.75 million.
India gold futures, which traded flat on Monday, are likely to fall this week in tandem with equities, and as traders book profits from last week's peak. Silver may fall 2.5 percent to their lowest level.
Gold prices fell Monday as technical factors and increased demand for the U.S. dollar outweighed otherwise bullish forces.
Gold fell by more than one percent on Monday, swept lower by a firm dollar and falls in other financial markets as worries deepened about government debt in Europe and the U.S.
The hype and expectation circling the still elusive 100th international century for Indian batsman Sachin Tendulkar, is a clear indication of the pathetic state of sports, in general, in India.
Gold traded steady on Monday after its biggest weekly loss since September, as investors remained cautious even after Spain's center-right opposition won a landslide victory in the election and is expected to launch drastic austerity measures.
The Trojans' star might play his last game at USC next Saturday.
The Versace H&M collection has already hit eBay and price tags have quadrupled, as was to be expected.
Ghost towns and graves have been found in the remnants of Texas lakes that have tried up.
World Gold Council's third-quarter demand report showed central bank buying going far above most analysts estimates. Analysis shows the mystery buyers to be China or India.
Lee Corso, the outspoken and outrageous ESPN college football analyst, concluded the cable-television network's College GameDay show on Saturday with the F-Bomb.
By Thanksgiving, the number of young people on Long Island charged with cheating on their college board exams is expected to reach 13, with at least five more arrests on tap, Nassau County District Attorney Kathleen Rice said.
Black Friday crowds are upbeat about the highly anticipated shopping festival of the year. And adding to their joy, many stores have announced their plan to open early on Thanksgiving. Many of the stores claim to have mind blowing deals.
A light sentence handed down on Friday for a former top UBS private banker who became a U.S. government informant on wealthy American tax cheats ramps up pressure on the Swiss banking industry.
Gold inched up on Friday was still on track for its biggest weekly loss since September as euro zone debt contagion worries spooked investors.
