GOLD

Gold jumped to its biggest gain in eight sessions on Tuesday, snapping back from steep day-ago losses as the anticipation of further U.S. stimulus mingled with new fears over global growth.

According to a transcript from a recent town hall meeting at a T-Mobile filed service center, Cole Broadman, the chief marketing officer of T-Mobile, reportedly revealed that the carrier will not “get the iPhone 5 this year”.

Gold's rally will extend beyond $2,000 an ounce in the next year, but won't match the torrid record-breaking climb of the last 12 months, according to gold investors and analysts attending the London Bullion Market Association's (LBMA) annual conference.

Asian stocks drifted slightly lower Wednesday and the euro clawed back lost ground as investors waited for the end of a Federal Reserve policy meeting that may act to stimulate the U.S. economy.

Gold's rally will extend beyond $2,000 an ounce in the next year, but won't match the torrid record-breaking climb of the last 12 months, according to gold investors and analysts attending the London Bullion Market Association's (LBMA) annual conference.

South African stocks rose to their highest level in more than six weeks on Tuesday, bouncing back from the previous session's decline, with gold miners among the top gainers as the domestic currency falters and bullion prices cruise higher.

Gold prices rose over the $1,800 mark Tuesday on expectations that the Federal Reserve will decide this week on further steps to stimulate the economy and fresh evidence that the economy needs some stimulation.

Shares of Canadian gold and silver mining companies soared Tuesday as precious metals prices climb and worries about the U.S. economy as well as the eurozone's sovereign debt crises drive investors.

Members of the conservative Swiss People's Party (SVP) want a law to prevent the country's central bank -- currently struggling to tame a super-strong Swiss franc -- from selling its gold reserves, according to a proposal published on Tuesday.

Toronto's main stock index rebounded on Tuesday, after touching a one-week low in the previous session, as bargain-hunters returned to the market and gold miners rose along with bullion prices.

Gold was set for its biggest daily gain in over a week on Tuesday, after a downgrade to Italy's credit rating added to the strain on European leaders to solve the region's debt crisis.

A new fossil found in Utah with a switchblade claw reveals how raptors used their talons as weapons in fighting.

Canada's Lakeland Resources Inc said it found a high-grade gold zone on its Midas Gold property in Ontario, sending the mineral explorer's shares up as much as 33 percent on Tuesday morning trade.

Gold Fields, the world's fourth largest gold producer, has upgraded the mineral resource estimate for its Chucapaca joint-venture project in Peru by 35 percent to 7.6 million ounces.

Gold rose Tuesday after Standard & Poor's downgraded Italy's debt, the latest in a series of blows to the eurozone and endorsements of precious metals, at least in the eyes of investors who want safe-havens.

The Mongolian government is discussing possible changes to a 2009 investment agreement for its massive copper-gold deposit at Oyu Tolgoi, media reports quoted the country's Finance Minister S. Bayartsogt as saying on Tuesday.

Gold rose on Tuesday, after Standard and Poor's downgraded Italy's credit rating, adding to the strain on the debt-distressed euro zone, while uncertainty over the outcome of a key U.S. Federal Reserve meeting also helped buoy the market.

Gold held steady on Tuesday, after Standard and Poor's downgrade of Italy's credit rating, while a stronger dollar weighed on sentiment ahead of a key U.S. Federal Reserve policy meeting.

As Europe's debt crisis deepens, low-yielding U.S. government debt and the much maligned dollar are suddenly glowing more brightly than gold.

Australia's first physical bullion exchange, an over-the-counter spot market for gold, silver and platinum, will begin operations Oct 4, the Australian Bullion Exchange (ABX) said in a statement on Tuesday.

Mongolia's law banning mining in the country's river and forest areas is necessary to protect the mineral-rich Asian country's environment and herdsmen's livelihoods, President Tsakhia Elbegdorj said on Monday.