The FTSE/JSE Africa Gold Mining Index advanced as much as 8.6 percent to 1,445.80 points, the highest level since June 13. Gold climbed overnight, and is up 2.7 percent at $1,362 an ounce since the Johannesburg Stock Exchange closed yesterday.
There was a complete breakdown of correlations between markets, with the dollar reversing course, stocks sliding, Treasury yields at two-year peaks and gold screaming higher. At one point, the greenback reached a near two-week high of $1.3205 on the …
New Delhi: Gold on Friday surged by Rs 1,310 per 10 gram here, the highest in two years, to Rs 31,010 on strong demand from stockists ahead of festive season, after government increased import duty on the metal to 10 percent. A sharp fall in Sensex and …
LOS ANGELES (MarketWatch) — Futures for gold and silver advanced Friday, with silver a stand-out in the metals complex as prices propelled toward their best weekly performance in nearly two years. Reuters. Enlarge Image. Silver extends its sharp gains …
After a lengthy and very weird legal battle, the case of Katrina Fincham, the golf farmer turned gold buyer turned victim, versus insurance company AAMI, has finally come to an end following an undisclosed settlement. It all began in 2008 when Fincham …
(MoneyWatch) "Secure a crash-proof retirement through gold and precious metal investment." No sooner had the digital ink dried on my recent post, "Retirement planning in an uncertain world," that I received this email solicitation. It contained a …
Gold shrugged off news today that Paulson & Co had cut its exchange listed gold exposure in half and rose 2.2% to $1,365/oz. This may be delivering an exclamation mark to define the end of the 10-month, 25% fall in gold and 50% fall in gold equities …
Gold is set for the biggest weekly gain in five even as signs the U.S. economy is improving fueled speculation the Federal Reserve will start reducing stimulus. Silver rallied more than 20 percent since June 27 through yesterday's close, the common …
Stocks of physical gold crossed continents in the first half of 2013 as Westerners dumped their holdings and, on the other side of the world, the resulting fall in price sent consumers flocking to jewellers and bullion dealers. Indian, Chinese, Thai …