SILVER

The Florida Marlins named former Chicago White Sox skipper Ozzie Guillen as their new manager on Wednesday, hoping he can kickstart a new era for the struggling Major League Baseball (MLB) franchise.

The world's No. 1 tourist attraction, New York City's Times Square, is set to get a $27 million facelift that will give the Great White Way a dark new film noir look.

Gold prices slumped 2 percent Wednesday as investors braced for a key vote on the future of the European bailout fund and readjusted portfolios ahead of the fourth quarter.

The 50-year-old actor and the former WWE wrestler walked the red carpet separately.

On Monday gold concluded its biggest three-day plunge in nearly 30 years, and prices struggled Wednesday under the weight of three factors -- the absence of which would sharply boost the chance of the yellow metal to resume its climb toward $2,000 per troy ounce.

Mexican miner Minera Frisco, owned by the world's richest man Carlos Slim, said on Tuesday it was cutting its silver and copper hedges for this year and next, citing a significant decline in metals prices.

Silver coins being offered by the U.S. Mint have been pulled from the shelf after a recent 26 percent drop in silver's value, in what is expected to be a pause to re-price the coins.

Gold prices fell in the last week more than 10 percent, their longest such plunge since 1983, in a plunge that left the metal's reputation as safe-haven investment bruised, or worse.

Gold prices slipped modestly Wednesday after posting small overnight gains as investors sought a safe-haven for their money, traders picked up bargains and Asian buyers purchased coins, bars and jewelry.

Gold slipped 1 percent in volatile trade on Wednesday as the U.S. dollar regained strength on doubts over the progress of Europe's efforts to tackle the region's debt crisis, while this week's brutal correction also kept investors at bay.

Gold surged nearly 4 percent Tuesday on bargain hunting and increased Asian purchases of bullion, both of which were aided by a sharply lower U.S. dollar.

Lionsgate has acquired the rights to turn the video game into a movie.

The long-beleaguered search engine company Yahoo! Inc. would probably be better off selling off pieces of itself rather than submit to a takeover in whole, given that the separate segments of the firm probably have more value than the sum of the individual parts. However, any such potential transaction won’t happen overnight.

Gold prices rose more than 4 percent Tuesday, breaking a three-day losing streak, on optimism that Germany this week will approve an expansion of Europe's bailout fund and a decline in the U.S. dollar.

Spot gold rallied more than 1 percent and U.S. gold futures as much as 4 percent on Tuesday, snapping four consecutive sessions of losses as a weaker dollar helped battered commodities stage a comeback.

Gold prices rose more than 3 percent on Tuesday as a drop in the dollar index helped the precious metal snap a four-day run of losses and after an early rout in the previous session tempted price-sensitive physical buyers back to the market.

Gold tumbled nearly 4 percent Monday, hit by momentum selling and heavy liquidation by commodity hedge funds triggered by another sharp margin hike.

Ahead of Tuesday's crucial talks between the NBA and the National Basketball Players' Association (NBPA), NBPA president Derek Fisher indicated toward the differences among NBA teams.

The wreck of a World War II-era British cargo ship, whose holds are believed to be filled with seven million ounces of silver, has been discovered approximately 4,700 meters below the surface of the North Atlantic Ocean. At today's value, the cargo is worth in excess of $200 million.

Silver rose more than 2 percent Monday after investors gained confidence that Europe leaders would be able to handle a Greek default without letting the rest of the continent or its struggling banks suffer.

Gold prices fell 2.7 percent Monday, its fourth day in a row to decline, as investors raised cash to cover losses and a touch of optimism about Europe drew investors back into the stock market.