IAG

Central Bank Gold Demand To Hit Highest Level Since 1964

Gold Eases With Stocks, Euro As Risk Appetite Wanes
Demand for gold by central banks and official sector institutions were more than double the level reported a year ago, as emerging market central banks continue to gobble up gold due to concerns about fiat currencies, such as the U.S. dollar and especially the euro, according to World Gold Council data released Thursday.
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Molten gold

Gold, Silver Suffer Three Straight Days Of Declines

The precious metals market followed Wall Street's skid today, as gold and companies that peddle it were driven down by underwhelming retail figures in the U.S., and ongoing concerns over Greece and the Eurozone.
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NZ quake hits shares of Australia banks, insurers

Shares in Australian banks and insurers fell between 1.4 and over 2.7 percent after a strong quake hit New Zealand's second-biggest city of Christchurch on Tuesday for the second time in five months.
British Airways cabin crew picket at Heathrow Airport in London

Union to re-run BA cabin crew strike ballot

The union representing British Airways BAY.L cabin crew said on Tuesday it planned to ballot members again on taking strike action after saying a recent vote was potentially invalid. Cabin crew voted last month to hold further strikes in a long-running dispute which has already cost the airline some 150 million pounds.