Result Page 92 for Gold news & latest pictures from ibtimes.com

Stocks Dropping Following Obama Jobs Plan; Sudden Resignation of ECB Member

Investors are likely skeptical about the efficacy of Obama’s jobs program and whether or not such a massive scheme would pass Congress.

Scotiabank buys into Guangzhou Bank for C$719 million

Bank of Nova Scotia (BNS.TO) said on Friday it will buy a near 20 percent stake in Bank of Guangzhou for about C$719 million ($722 million) to expand its footprint in China, becoming the latest foreign bank to invest in a Chinese bank before the bank does an IPO.

Gold on Track for Biggest Weekly Loss Since June

Gold prices pared losses in choppy trade on Friday but were still on track for their biggest weekly loss since June as some investors cashed in gains after losing confidence in the metal's ability to build on this week's record highs.

Silver Down on European Debt Worries

Silver and gold both fell Friday but the white metal was off proportionately more because unlike gold, which is a pure play store of value, silver has a significant and growing role in various industrial applications.

More news

Gold Prices Tumble in European Trading

Gold prices tumbled by 2 percent on Friday, reversing earlier gains, with traders blaming heavy fund liquidation of the metal on the New York futures market, and the downward move picking up momentum as sell stops were triggered

Gold Demand to Rise Later This Year - World Gold Council

Gold demand which dropped in the second quarter of this year is expected to strengthen by the end of 2011, driven by robust jewelry consumption in India and China and recovery in investment demand, senior World Gold Council (WGC) officials said on Friday.

Analysis: Global Slowdown Silences Asia's Inflation Hawks

The global economic slowdown has brought emerging Asia's rate-hiking cycle to a premature pause and the next step could be easing if the United States slides into a recession or Europe's debt troubles spawn a full-blown financial crisis.

Motorola Droid Bionic Vs. Apple iPhone 5: Who Will be the Winner?

Up till now, the Samsung Galaxy S 2 has been slated to be the iPhone 5's top contender, given its solid sell outside the U.S. However, tech pundits can't afford to count out Motorola's Droid Bionic, which has also got released well ahead of the iPhone 5.

Gold is Heavenly! Meteorite Shower Brought It to Earth

The precious metal that we see on earth today has come from the sky, claimed the geologists from the University of Bristol.

Asian Markets, European Futures Slide after Obama Speech

Meteorite Shower Created Earth's Mineable Gold: Study

A meteorite shower is the source of complex and heavy elements such as gold on Earth as per a new study.

Political Connections Hold Diminishing Sway for India Inc

Being politically connected isn't what it used to be for corporate India.

U.S. President Barack Obama tours Solyndra, Inc., a solar panel manufacturing facility in Fremont

The President’s Argonaut

The FBI conducted a dramatic raid today on a California solar company, Solyndra, that received a loan of $527 million from the Federal Financing Bank (FFB), a subsidiary of the U.S. Treasury. The FBI raid followed the filing of Solyndra’s bankruptcy yesterday.

Meteorites Showered Ancient Earth with Gold

A new study shows that most of the gold and other precious metals found in Earth today came from outer space after a mammoth meteorite shower slammed the planet.

NASA's Lunar Reconnaissance Orbiter image of the moon's surface

Apollo 'Moon Bible' For Sale at Auction

NASA's moon bibles are now for sale at an auction house. But what exactly is a moon bible?

Meteorites Showered Earth with Gold

A closer looks at the Earth's crust has revealed that there are many more precious metals on Earth than expected, thought to have come from a rain of meteors billions of years ago.

Gold, Silver Mining Companies Post Broad-based Gains

Gold mining companies rose Thursday in U.S. trading along with the price of the yellow metal on increased purchases of bullion, an unexpectedly downbeat unemployment report and very little evidence that the domestic economy has much energy.

Mineworkers underground at Harmony Gold Mine's Cooke shaft near Johannesburg

Zimplats says Zimbabwe moves on licence

The Zimbabwean unit of Impala Platinum, the world's second-largest producer of the precious metal, said the government had taken steps to revoke its operating licence and it remained in talks with authorities.

TSX shows little conviction before Obama speech

Toronto's main stock market index edged higher in cautious action on Thursday morning following weak U.S. jobs data and ahead of a speech by U.S. President Barack Obama detailing his plan for job creation.

Meteorites Showered Gold and Platinum on Ancient Earth

3.9 billion years ago, a meteor shower which lasted for 200 million years brought gold on Earth, scientists revealed in a new research.

Gabriel Resources May Cut Cyanide Levels in Romanian Mine

Canada's Gabriel Resources Ltd. may lower the cyanide levels at a long-delayed Romanian gold mine project as it seeks to secure a key environmental permit, a company official said on Thursday.

Semafo Boosts Production Outlook of Burkina Faso Facility

Semafo Inc., a Canada-based gold mining company, said Thursday it will spend up to $125 million to increase the processing capacity of a key facility in Burkina Faso by 6,000 metric tons per day.

India's Appetite for Gold Taking New Forms

In a nation whose love for gold is legendary, financial adviser Biju Daniel is one of scores of Indians who are rethinking how they amass riches through the precious metal.

Venezuela to Produce 1.2 Metric Tons of Gold in '11

Venezuela's state gold miner Minerven expects to produce 1.2 tonnes of the precious metal this year, rising to 4.5 tonnes in 2012 as it takes a central role in the nationalization of the sector, state media said on Thursday.

Gold up on ECB Interest Rate Decision, Physical Buying

Gold rose Thursday, rebounding from a 3 percent plunge the day before as bullion buyers made significant purchases and a decision by Europe's central bank to hold interest rates steady weakened the euro.