(Kitco News) – A slim majority of Swiss citizens said they would vote yes to force the Swiss National Bank to increase and hold on to their gold reserves, according to the country's first opinion poll. On Tuesday, 20 Minuten, Switzerland's biggest …
Gold outlook bolstered by uncertainty over growth. * Chinese demand hurt by rising prices-traders (Updates prices). By Jan Harvey. LONDON, Oct 22 (Reuters) – Gold eased on Wednesday from the previous day's 6-week peak as the dollar rose to a one-week …
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 …
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 …
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.
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 …
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 …
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 …
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 …