SILVER

The ongoing labor crisis in the NBA has started casting its shadow over the training session and the preseason.

For the third Beijing International Polo Open Tournament, luxury watch-maker, Piaget, has been announced the official timekeeper of the event.

The National Basketball Association (NBA) said on Friday it had postponed training camps and canceled the first week of preseason games as it struggles to reach a new collective bargaining agreement with players.

Gold crashed more than $100 lower on Friday as a slide turned into a freefall, with weeks of volatility, renewed strength in the dollar and talk of hedge fund liquidation wrecking its safe-haven status.

Silver mining companies suffered acute losses Friday, with many posting double-digit drops in their share prices.

Gold prices plummeted Friday, at one point tumbling to 15 percent below the level of three weeks ago, as investors started buying stocks and, to a lesser extent, euros. Silver is now down 25 percent from its mid-week level.

Gold prices fell about 3 percent Friday, setting up the third weekly decline for what has recently been touted as the pre-eminent safe haven.

The top pre-market NASDAQ Stock Market gainers are: SIGA Technologies, Motricity, American Superconductor, Clean Energy Fuels, and Vodafone Group. The top pre-market NASDAQ Stock Market losers are: Pan American Silver, DryShips, Randgold Resources, TriQuint Semiconductor, and ARM Holdings.

Gold hit a one-month low on Friday and was set to post its sharpest weekly drop since May, hit by a sell-off in the commodities complex and with some traders citing selling in the precious metal to cover losses in other asset classes.

Private equity firms looking to invest into Alibaba Group have relieved pressure on Chairman Jack Ma to stage a speedy IPO by allowing a way for employees to sell their shares to willing buyers.

The singing contest show, The X-Factor, touted as the biggest show ever to hit America created by Simon Cowell debuted on Fox last night with a not-so-flattering reception. The show originally from UK managed to pull in just 12.1 million viewers and was ranked fourth behind CBS's Criminal Minds and CSI and ABC's Modern Family in the nightly ratings. To put things in perspective, American Idol premier had 21.6 million viewers when it was aired...

U.S. President Barack Obama sought support for his job creation plan at a philanthropic summit on Wednesday, saying improving the prospects of the world's richest economy was good for the world.

Daphne Guinness secret to staying stick thin is out. The haute couture addict told the New York that she would not eat until she was dead.

Daphne Guinness secret to staying stick thin is out. The haute couture addict told the New York that she would not eat until she was dead.

Gold fell by more than 3 percent on Thursday, set for its largest monthly decline since January, after the Federal Reserve's move to boost U.S. growth lifted the dollar, which battered the commodities complex.

Decades after he slept under a pinball machine wedged into his cramped apartment, David Silverman will open the America's largest museum dedicated to speeding silver balls and fast-motion flippers.

The top pre-market NASDAQ Stock Market gainers are: Netflix, Yahoo!, and Vical. The top pre-market NASDAQ Stock Market losers are: Logitech International, Westport Innovations, Melco Crown Entertainment, Travelzoo, JDS Uniphase, and SodaStream International.

Gold prices plummeted more than 3 percent Thursday after the Federal Reserve pronounced the economy seriously ill but then prescribed what many traders and analysts saw as a virtual aspirin.

Gold fell on Thursday, after the Federal Reserve's widely-anticipated move to boost U.S. growth lifted the dollar but pummelled global equities and hit the entire commodities complex.

Spot gold slipped on Thursday under the weight of a rallying dollar, after falling more than 1 percent in the previous session when the U.S. Federal Reserve announced its plan to load up long-term securities and offered a grim economic outlook.

Indian manufacturer, Tata, has launched a new gold and jewel encrusted Nano, three years after introducing it as the world's cheapest car.