Harmony Gold Not a Takeover Target - CEO
Harmony Gold may be undervalued but the world's fifth largest gold producer was not vulnerable to a take-over bid, Chief Executive Officer Graham Briggs said.
Gold Extends Losses after CME Margin Hike
Gold extended losses on Thursday to fall as much as $200 from Tuesday's record high, as investors cashed in scorching gains in the metal after the CME Group hiked trading margins for the precious metal for a second time this month.
High Gold Price Spurs Amateur Panning for the Precious Metal
On his days off, Cordell Kent drives with his family about an hour into the eastern Australian countryside, lays out a picnic blanket and then joins hundreds of other families panning for gold in hopes of striking it rich.
Gold Drops Another 1 Percent
Gold fell more than 1 percent Thursday, extending the previous session's losses, after the CME Group (CME.O) raised trading margins by the most in more than two and a half years to curb volatility.
More news
Oliver Stone, West Memphis 3 docs headed to NY Film Festival
Joe Berlinger's and Bruce Sinofsky's Paradise Lost 3: Purgatory, the third of the filmmakers' documentaries about the case of the West Memphis Three, will premiere at the 49th New York Film Festival with a new ending incorporating the recent release of the three from prison.
'Black Box' Hedge Funds Profit in Volatile Markets
Hedge funds run by sophisticated computer programs are profiting from large falls in stock markets and a rocketing gold price this month, even as funds managed by human beings struggle to cope with high market volatility.
TSX flat as weak golds outweigh stronger banks
Toronto's main stock index was little changed on Wednesday morning as sliding gold prices and profit-taking after the previous session's big rally offset optimism over bank earnings and positive U.S. data.
Silver Prices Lead Precious Metals Retreat
Silver prices and silver stocks led the descent Wednesday of precious metals with some silver mining companies falling more than 7 percent.
Gold Plunges, Stocks Rise, Dollar Gains
Gold prices dropped on Wednesday and were headed for their biggest two-day loss since the peak of the financial crisis, while the dollar rose as investors bet a speech by the Federal Reserve chairman later this week will not reveal any major central bank initiatives.
Allied Gold Mining Optimistic About Prospects in Papua New Guinea
Australia-based Allied Gold Mining plc said Wednesday it is not concerned about possible changes to legislation in Papua New Guinea regarding resource extraction.
Gold Price Down; Precious metals ETFs Fall
Gold and silver prices plunged Wednesday as a strengthening stock market and hope that the U.S. central bank will take steps to boost the American economy dimmed the appeal of precious metals as a safe haven.
Gold Falls Hard as Stocks Rally on Economic News
Gold prices dropped sharply Wednesday after a strong U.S. durable goods report, profit-taking by investors and encouraging news from the Congressional Budget Office about the deficit.
Gold Falls as Strong Durable Goods Report Hits Precious Metals
A strong durable goods report Wednesday helped reverse a short-lived rebound in precious metals, which had been gaining early in the day on a downgrade of Japan and worries that economic growth in both the U.S. and Europe was tepid at best.
Google Doodle Honors Jorge Luis Borges, Virginia Earthquake Rocks East Coast: Daily Scoop
Google Doodle honors Argentine Jorge Luis Borges, a Virginia earthquake rocks the entire East Coast, Hurricane Irene is upgraded to a Category 3 storm as it approached the United States, and more in today's Daily Scoop
Moody's Downgrade of Japan Lifts Gold
Gold bounced back on Wednesday after suffering its worst setback in 18 months, as risk appetite retreated on Japan's debt rating downgrade, while oil and metals were supported by hopes the U.S. would inject fresh stimulus to boost the economy.
Freeport McMoRan Copper & Gold, Indonesian Workers Extend Talks
The deadline for pay talks between Freeport McMoRan Copper & Gold and its Indonesian workers has been extended until the end of this week, with little progress made so far, a union official told Reuters on Wednesday.
Spot Gold Rebounds in Asian Trading
Spot gold rebounded in Singapore overnight on Wednesday from its worst day in 18 months, while bullion's safe-haven appeal seemed to be waning for now with investors returning to riskier assets on hopes of more stimulus for the U.S. economy.
Japanese Gold Investors Start to Cash in
For Eriko Ebina, standing outside a downtown Tokyo medical equipment store that has a side business buying gold, the recent surge in prices for the precious metal was just too tempting.
Harmony Gold Sees Output Jump
South Africa's Harmony Gold Mining Co , the world's fifth-largest gold producer, said on Wednesday output for its 2012 financial year should rise to between 1.45 million ounces and 1.55 million from around 1.3 million in 2011.
Japan's 'Computer grannies' Grip Internet Lifeline
Fifteen years ago, a growing sense of isolation due to old age prompted Kayoko Okawa, then 66, to knock on the door of a local volunteer center and timidly ask if it was possible for someone her age to start an online community for seniors.
Asian Markets Dip after Japan Downgrade
Asian shares fell Wednesday as a rally fueled by speculation that the Federal Reserve may further shore up the struggling U.S. economy swiftly petered out, while gold rebounded from its sharpest one-day slide in 18 months.
Gold Back up to $1,851 after Brief Drop
Gold rebounded more than 1 percent Wednesday after posting its biggest drop in 18 months, as risk appetite retreated after Moody's downgraded Japan's debt rating and strong buying interest in Asia's physical market lent support.
Asian Shares Rise on Hopes of More Fed Support
Asian shares rose on Wednesday as speculation the Federal Reserve may signal further moves to support the struggling U.S. economy sustained a modest rebound from this month's sharp sell-off.
Gold Retreats from Record High Above $1,900/oz
Gold prices retreated in choppy trade on Tuesday after earlier hitting record highs as a recovery in appetite for assets seen as higher risk, such as stocks, took the steam out of a rally that many saw as overdone above $1,900 an ounce.
Baby Research Challenged in New Report
Tests of medical treatments in babies vary markedly in quality, at least as judged by the reports that make it into scientific journals, researchers say.
Gold Futures Price Falls on Profit-Taking
Gold prices were falling steadily late Tuesday in electronic trading as investors took profit from recent gains and bought stocks in expectations that the Federal Reserve will intervene in the bond market to give the anemic U.S. economy a lift.
Pages
- MOST READ
- 1
- 2
- 3
- 4
- 5
Editor's pick
-
French Brushmakers Stage 'Comeback' With Pivot To Luxury Market
-
Bolivia's Breadbasket Squeezed By Pro-Morales Blockades
-
EU Greenhouse Gas Emissions Saw 'Huge' Drop In 2023
-
Striking Boeing Workers Aim To Restore Old Retirement Program
-
New York City Legalizes Jaywalking
-
Charles Schwab To Expand 24-Hour Trading Platform
-
Trump's Election Fraud Claims Raise Alarms Of 2020 Repeat
-
Starbucks Pulls Plug On Olive Oil Coffee After Complaints Of 'Laxative Side Effects'
-
Iowa Capital To Allow Trick-or-Treating For First Time In Decades
-
Steve Bannon Released From Prison A Week Before Election
