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Indian gold jewelery

Gold Prices Jump 2% on Fed Promise of More Easy Money

Gold rallied 2 percent on Wednesday, rising above $1,700 an ounce for the first time since mid-December after the U.S. Federal Reserve said it will likely not raise rates for longer than previously expected due to a sluggish economic recovery.
Casa Berardi Project

Gold Prices Rise 1% to 6-Week High

Gold rose 1 percent on Monday to a six-week high, boosted by technical buying and as the euro rallied ahead of the outcome of a euro zone meeting on Greek debt restructuring.
Silver bars

Pan American Silver Buying Minefinders for $1.5B

Canada-based Pan American Silver Corp. said Monday it will pay about $1.5 billion in a cash and stock to buy Minefinders Corp. Ltd., which owns a huge silver mine in northern Mexico, among other mining assets.
Yanacocha mine

Gold Ends Week with Small Gain, up 2% for Week

A modest gold rise was eclipsed by a 4 percent surge in silver on Friday, with investors optimistic about the technical picture and prospects for a Greek deal soon with private bondholders.
Gold bars in Hong Kong

Gold Prices Lower on Stronger Dollar, Weaker Crude Oil

Gold prices edged lower Friday as an increasingly stronger dollar made the metal more expensive for non-U.S. buyers and some investors decided to book profits on what is shaping up to be a robust start to the year.
Gold firms as IMF talk, Fitch stance lift euro

Gold Prices Slide on Profit Taking, Falling Euro

Gold edged lower on Thursday as the euro's retreat from highs in the wake of U.S. economic data prompted some buyers to cash in gains in the precious metal after a three-day run higher took prices to their strongest since mid-December.
Bars of 500 g and 1,000 g silver in Istanbul

Gold, Silver Up Slightly On Weaker Dollar

Gold futures rose slightly on Wednesday, as increases in the price of the precious metal were spurred on by a weaker dollar but limited by profit-taking. On the New York Mercantile Exchange, Gold for February delivery, rose $4.30, or 0.3^*1, to $1,659.90 an ounce.
H&M Unveils Versace Cruise Collection

Versace for H&M Resort Collection to Launch Thursday

Versace for H&M was a worldwide success in November. So the Italian fashion house decided to release another H&M collection, this time made up of resort wear. The collection will launch exclusively online in the UK on Thursday.
Super Pit Gold Mine

Gold Prices Struggle to Hold Week's Gains

Gold struggled Wednesday to hold recent gains as growing concerns of an imminent Greek default offset hope that Chinese authorities will act to reverse the slowdown of the world's second-biggest economy.
Indian woman tries on gold jewelry

India's Bullion Traders Halts Fresh Orders

India's bullion traders stayed away from placing fresh orders after a nearly 90 percent hike in gold import duty was announced earlier this week, while China's gold purchases slowed down ahead of the Lunar New Year holiday.

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