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Gold

Gold – Eases Back to Key $1240 Level
www.marketpulse.com

Over the last few days to finish out last week Gold ran into the previous key level at $1240 which has resisted and forced gold a little lower, however it has since surged higher to a five week high at $1255 in the last few days, before recently easing …

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Comex Gold Softens With Euro As Markets Anticipate Further ECB Measures
www.forbes.com

(Kitco News) – Gold futures lost ground along with the euro Wednesday on ideas that the European Central Bank might undertake more measures to loosen monetary policy, traders said. “Your lead story is likely the anticipation of the ECB doing something …

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Royal Gold: Positive Post-Tax NPV From Its Agreement With Euromax Resources
seekingalpha.com

Royal Gold's (NASDAQ:RGLD) announced a streaming agreement with Euromax Resources (OTCPK:EOXFF) for 25% of its gold production (up to 525,000 ounces, falling to 12.5% after) at its Ilovitza mine at the purchase price of 25% of the spot price of gold.

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Indian Gold Demand Jumps During Run-Up To Diwali Festival
www.forbes.com

(Kitco News) –Gold demand from India picked up significantly ahead of the approaching Diwali festival, analysts and traders reported. Diwali, the festival of lights observed by the country's Hindu population, falls on Thursday and is an auspicious time …

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PRECIOUS-Gold steadies above $1240 as Asian equities slide
www.reuters.com

Gold steadies after 0.7 percent drop overnight * Dollar holds near 1-week high, Asian shares dip * Coming up: Europe, U.S. Markit manufacturing flash PMI (Adds comments, updates prices) By A. Ananthalakshmi SINGAPORE, Oct 23 (Reuters) – Gold …

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Huge Gold Nugget Going up for Sale in California
abcnews.go.com

One of the biggest gold nuggets found in modern times in Northern California's historic Gold Country is going up for sale. Weighing in at 6.07 pounds, the Butte Nugget is expected to carry a price tag of $350,000. The San Francisco Chronicle reported …

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Strong dollar, inflation hammer gold
www.marketwatch.com

SAN FRANCISCO (MarketWatch)—Gold prices pulled back Wednesday, with the yellow metal—often viewed as an inflation hedge—moving down after a report showed inflation remains in check. Gold for December delivery GCZ4, -0.24% fell $6.20, or 0.5%, …

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Gold Rises on Physical Demand After Biggest Decline in Two Weeks
www.bloomberg.com

Gold advanced 2.9 percent this month as equities fell after the International Monetary Fund cut its growth outlook and Federal Reserve policy makers said slowing foreign economies were a risk to U.S. expansion. Speculators added bullish gold bets for …

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Will Gold Outshine Platinum? — Overheard
online.wsj.com

At about $1,245 an ounce, gold isn't far off parity with platinum at about $1,270. This doesn't happen often. In the past 20 years, gold has matched or exceeded the platinum price only about 7% of the time. And much of that occurred between the summer …

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