A Colorado-based gold mining company has started minting its own gold coins with a view to paying shareholders their dividends in the precious metal.
Surging silver prices has private individuals looking to sell jewellery, silver service items or heirlooms made of precious metals, much as the record high price of gold has driven many people to sell their gold for cash.
Traders on the U.S. futures market bid up the price of gold to a record high early Thursday on continued concern about the slowing economies of both Europe and the United States.
Shares of exchange-traded funds back by gold and silver rose in premarket trading Thursday as the U.S. government reported a higher-than-expected increase in inflation and an increase in jobless claims.
Gold edged higher on Thursday on persistent worries about euro zone debt woes and slower global growth, defying a rebound in the dollar.
Gold rose on Wednesday on a combination of increased inflationary pressure and ideas this week's Franco-German proposals will not solve the euro zone debt crisis.
Gold settled at a record high Wednesday and silver closed modestly higher after surging in the first few hours of trading and then seeing gains pared in the afternoon.
A national study on child well-being was published on Wednesday, finding that 14.7 million children were poor in 2009 across the United States. The number represents 20 percent of the nation, and represents a 2.5 million increase from 2000.
Silver rose in early U.S. trading Wednesday and shares of several large silver mining companies also gained in premarket trading.
Gold rose Wednesday but shares of gold mining companies were mixed in premarket trading, indicating that optimism about the yellow metal is doesn't automatically transfer to companies that mine the precious commodity.
Peru's mining firms have agreed to pay higher royalties in an overhaul of the current system, sources on both sides of negotiations between companies and leftist President Ollanta Humala's government said on Tuesday.
Gold edged higher for a third day on Wednesday, propelled by investor unease over the fate of the euro zone after a Franco-German summit yielded no lasting solution to the regional debt crisis and riskier assets such as stocks eased.
Gold held steady near a record high on Wednesday after a Franco-German summit failed to convince investors that the euro zone debt crisis would be solved effectively, supporting safe-haven demand for bullion.
The apparent suicide of the estranged husband of "Real Housewives of Beverly Hills" cast member Taylor Armstrong this week was the latest in a series of scandals surrounding popular TV reality shows.
Bradley Cooper has pulled out of Relativity Media's remake of "The Crow," TheWrap has confirmed.
Gold set a record high Tuesday and U.S. stocks fell on fresh concerns over weakness in Europe's biggest economy, doubt that European leaders will be able to solve its sovereign debt problems and the languishing U.S. economy.
Gold settled at a record high Tuesday after investors abandoned stocks on fresh concerns over weakness in Europe's biggest economy, doubt that European leaders will be able to solve its sovereign debt problems and the languishing U.S. economy.
Gold and silver prices rose Tuesday but companies that mine the precious metals fell as the broader market gave up recent in a clear signal that investors don't have much confidence in Europe's ability to solve its sovereign debt concerns.
Ryan Tedder of "OneRepublic" who collaborated on a track with Lovato claimed that her comeback album, "Unbroken," will "shock everybody." "Demi blew me out of the water vocally!" He said at the Do Something awards. "I had no idea how good her voice is. She's one of the best singers I've ever worked with. Literally, that good...I mean, she's a Kelly Clarkson-level vocalist. And Kelly has a set of pipes."
Gran Colombia Gold Corp., the largest underground gold and silver producer in Colombia, said Tuesday it posted a net loss in the second quarter of $11 million, or 4 cents per share, after a one-time charge on its merger with Medoro Resources Inc.
Premarket trading of gold and silver mining companies were mixed Tuesday in a tight range as stock index futures pointed to a lower open and commodities like crude oil and copper were down.
Yukon Nevada Gold Corp said its quarterly profit rose five-fold due to higher production and a gain on warrants, and it expects to achieve production run rate of 150,000 ounces by end of 2011.
