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Gold

One country does its part to keep buying gold
www.cnbc.com

It was a different story last year; when slowing growth, high inflation and a weaker rupee resulted in fewer Indians buying gold during Diwali, a festival that kicks off the nation's wedding season and typically leads to a surge in gold buying, as it's …

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Goldcorp chief says Asia buying will support price of gold
www.ft.com

Demand from China and other parts of Asia will support the price of gold, the chief executive of one of its largest miners said, as the precious metal traded near its strongest level in six weeks. Chuck Jeannes of Goldcorp said he saw “as much clarity …

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Here's why experts feel you should avoid gold
economictimes.indiatimes.com

What will you buy on muhurat day? Will you stock up on equities or will you go for gold? To some buyers, gold might appear very attractive right now. The domestic gold price is down more than 18% from its all-time high of Rs 33,265 per 10 gm recorded …

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PRECIOUS-Gold hovers near 6-week peak amid China slowdown woes
www.reuters.com

SINGAPORE, Oct 22 (Reuters) – Gold was trading near its highest level since early September on Wednesday, supported by concerns over slower economic growth in China, although expectations Asian physical demand may slacken kept gains in check.

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China's Shandong Zhaojin Hunting for Global Gold Assets
online.wsj.com

Even as gold prices have fallen 10% this year due to low inflationary pressures and a stronger dollar, Chinese gold producers have continued to scour the world for mining assets, betting that resilient longer-term domestic demand will underpin their …

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Gold miners' outstanding forward sales jump 61 pct in Q2 -report
www.reuters.com

They forecast in July that gold producers would return to net hedging this year for the first time since 2011. Volumes of hedging predicted for this year are still well below the levels seen in the late 1990s. Net producer hedging in 1999 reached 506 …

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Gold Falls From Six-Week High on Demand Outlook to Dollar
www.bloomberg.com

The Bloomberg Dollar Spot Index, a measure against 10 major currencies, reached a one-week high today. Bullion reached $1,255.34 an ounce yesterday, the highest since Sept. 10. Demand in India, the second-biggest gold buyer, noticeably strengthened …

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Barkerville Gold Mines Reports New Gold Mineralized Zone on Cow Mountain
goldinvestingnews.com

Barkerville Gold Mines (TSXV:BGM) announced that a new gold mineralized zone was discovered by four diamond drill holes between June 20 and August 2014. The new zone, which is outside of the previously proposed open pit, has varying widths of 10 …

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Russia Adds A Record 1200000 Ounces Of Physical Gold To Their Reserves
etfdailynews.com

Gold Silver Worlds: As evidenced by the Russian central bank, it appears that Russia has added another 1,200,000 ounces of physical gold to their reserves. Total Russian gold reserves now stand at 37,000,000 ounces, or 1049 tonnes. The following chart …

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