A quick look at the Australian banking system reveals four global banks who own outsized portions, their reach extending to the largest gold producer in Oz as well. Incest is best. The fast decline in Money Velocity is the most convincing proof of the …
Did you think Rebecca Black's "Friday" was the worst song in history?. Well, think again! Introducing 12-year-old singer Alison Gold, the child teenager is the latest discovery by Patrice Wilson. Uh-huh, the man behind Rebecca Black's viral hit song …
Newcrest Mining said cost-cutting was improving its ability to withstand any fall in the gold price even after absorbing an extra tax charge this year. Australia's largest gold producer, which reported an annual loss in August and announced a change of …
(Kitco News) – News that a Chinese rating agency downgraded U.S. debt pushed gold prices higher during the late Asian to early European trading sessions, some market watchers said, taking values to their session highs. Since then, gold prices backed …
By Polina Devitt. MOSCOW, Oct 17 (Reuters) – Investment management firm FinEx Group and the Moscow Exchange said they had launched Russia's first gold-backed exchange-traded fund as part of a bid to turn Moscow into an international financial centre.
Gold rebounded in London on speculation some buyers will take advantage of lower prices. Prices slid 23 percent this year. Global sales of bullion bars and coins gained 78 percent in the second quarter, according to the London-based World Gold Council.
Featuring 200 artefacts from Bogota's appropriately named Museum of Gold, this exhibition looks at the reality behind the stories that excited the European imagination from the 16th century onwards, telling of a lake into which a ruler entirely covered …
(Kitco News) – A softer U.S. dollar after a temporary debt deal in Washington D.C., a ratings downgrade of U.S. debt by a Chinese agency and a tightening physical market are all being cited as factors sending gold futures sharply higher early Thursday.
U.S. shutdown damage seen delaying Fed taper. * Sharply higher volumes trade on COMEX gold in European hours. * Dollar under pressure from budget deal, Dagong U.S. downgrade. * Traders await economic data, stimulus outlook (Adds comment, detail).