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Gold

BlackRock's Hambro Sees CEO Exits as Gold Miners Book Writedowns
www.bloomberg.com

BlackRock Inc. (BLK)'s Evy Hambro, who manages the $8 billion World Mining Fund, expects more heads of gold producers to exit as companies book further writedowns after the metal's biggest quarterly drop in more than 90 years. “It's very clear to us …

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Gold falls as US jobless claims report sparks talk of Fed tapering
www.investing.com

Investing.com – Gold prices fell on Thursday after better-than-expected data out of the U.S. labor market rekindled expectations for the Federal Reserve to begin tapering the pace of its USD85 billion in monthly asset purchases, which weaken the dollar …

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PRECIOUS-Gold ticks up but stimulus, weak demand weigh
www.reuters.com

Gold declines over 5 pct in as many weeks * Investors still holding gold for portfolio insurance – ETF Securities (Updates prices) By A. Ananthalakshmi SINGAPORE, Sept 27 (Reuters) – Gold edged up on Friday amid a softer dollar, but was on track to end …

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Gold Fluctuates as Investors Weigh Fed Taper Bets, U.S. Budget
www.bloomberg.com

Gold swung between gains and losses as investors weighed speculation that the Federal Reserve may taper stimulus after an unexpected decline in U.S. jobless claims against the risk of a possible government shutdown. Platinum slumped to the lowest level …

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PRECIOUS-Gold headed for 5th weekly decline on stimulus outlook
www.reuters.com

SINGAPORE, Sept 27 (Reuters) – Gold slipped for a second session on Friday and was on track for its fifth weekly drop, hit by persistent uncertainty over the Federal Reserve's stimulus outlook. FUNDAMENTALS * Spot gold eased 0.2 percent to $1,320.79 an …

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Fund Manager Hopeful Of Upside Earnings Surprises For Gold Producers By 4Q
www.forbes.com

Denver (Kitco News) -The manager of a gold mutual fund anticipates that mining companies will report “OK” earnings for the third quarter and is hopeful that the combination of spending cuts and currency factors will lead to some upside surprises by the …

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Gold Resource Declares Distribution for September
www.fool.com

Gold Resource (NYSEMKT: GORO ) is continuing to turn its pretty yellow metal into shareholder cash. The company has declared its next monthly dividend, which is to be $0.03 per share for September. This will be paid on October 23 to shareholders of …

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Red faces at Air France after gold theft and cocaine haul
www.cnbc.com

The airline admitted Tuesday that gold worth around $2 million — the equivalent of about four bars of the precious metal at Wednesday's prices — went missing between being loaded on to one of its flights and landing at Zurich airport. And recently …

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iPhone 5S Plated in Gold or Platinum
technabob.com

Considering the penchant for gold in the Middle East and huge amounts of money, the company may actually sell a few of these. The company plans to make only 250 of each precious metal iPhone 5S. The 24 karat gold iPhone 5S will cost approximately …

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