The Federal Open Market Committee also described recent economic data as "mixed," leaving gold traders to wonder about the likely timing of the first reduction in the Fed's monthly bond purchases. Gold futures initially fell to $1,362 an ounce, but …
(Gold slipped on uncertainty…) SINGAPORE: Gold inched lower on Wednesday, under pressure from gains in the dollar and uncertainty over whether the US Federal Reserve will begin curbing its bullion-friendly economic stimulus measures from next month.
With apprehensions growing that smuggling through sea, air and land may be revived because of the huge difference in prices of gold in India and the Middle East, Goa Commissionerate of Central Excise and Customs has decided to undertake additional …
Gold had a choppy reaction at first, testing the session lows before making new highs, and reaching $1,378.90. Gold then finished electronic trading back below the $1,368 to $1,370 level. In Thursday's session, however, gold has shown strength, after …
Gold pared losses as investors weighed the minutes of the U.S. Federal Reserve's last meeting, which reinforced expectations that stimulus will be tapered, against an unexpected increase in China's manufacturing. Spot gold fell as much as 0.8 percent …
TORONTO/JOHANNESBURG Aug 22 (Reuters) – Barrick Gold Corp , the world's largest gold producer, on Thursday said it has agreed to sell three of its high-cost gold mines in Australia to Gold Fields Ltd for $300 million. The sale is the latest move by …
JOHANNESBURG Aug 22 (Reuters) – South African gold producer Gold Fields said on Thursday it plans to buy Barrick Gold's Australian assets for $300 million. The acquisition will add 452,000 ounces to Gold Fields' annual production. Gold Fields expects …
JOHANNESBURG (Reuters) – South Africa's labor unrest widened on Thursday as tens of thousands of construction workers prepared to down tools next week and unions in the gold sector also signaled their intention to call a strike over wages.
(Kitco News) – Comex gold futures prices have traded both sides of unchanged in early U.S. dealings Thursday. Gold and silver market bulls are impressed with their markets' ability to hold steady to higher price levels, given the stronger U.S. dollar …