MUMBAI: A heavy monsoon this year will bring a bounty to India's rural population and a much needed boost to a struggling economy, but more cash in the hands of farmers brings an unwelcome consequence for India's government – more demand for gold.

Gold in Singapore, which normally sets the price trend on the domestic front, fell by 1.6 per cent to $1,373.38 an ounce on bets the US Federal Reserve will start to pare stimulus as the economy improves, while silver was by 1.34 per cent to $23.55 an …

The National Union of Mineworkers, representing almost two-thirds of gold miners in South Africa, began a strike over a wage dispute. NUM members have begun their protest, Charmane Russell, a spokeswoman for the Chamber of Mines, said today by …

Xbox Live Gold subscribers can download Magic 2013 and Rainbow Six Vegas for free during two separate, two-week spans this month as the latest games in the Games With Gold promotion. Magic: The Gathering – Duels of the Planeswalkers 2013 can be …

Striking workers at AngloGold Ashanti in Carletonville, South Africa on October 17, 2012. Powerful labour group the National Union of Mineworkers (NUM) — which represents the bulk of 120,000 workers affected — called for stoppages at gold mines …

8 he argued that "gold is relatively cheap." With the metal up some 20 percent from its June low, however, the editor and publisher of the Gloom, Boom & Doom Report is changing his tune. "The sentiment on gold has recovered," Faber said on Thursday's …

(Kitco News) -Speculators continued to increase their net-long positions in gold futures and options traded on the Comex division of the New York Mercantile Exchange, having whittled away much of their sizable gross short position, as seen in data …

When Western investors dumped gold en masse in April they set up a situation bullion traders have not seen for years, a market where normal commodity fundamentals might just determine prices. Buying for investment powered the metal's 12-year bull run, …

This Florida clan unearthed over $300,000 in gold treasures while on a dive off of the coast of Fort Pierce, Fla., over the weekend. The loot consisting of seven gold chains, three gold coins, and a gold ring was unearthed just 150 yards offshore and …