Dr. Rick C. Ernst
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Gold

Emerging Stocks Rise as China Data Lifts Gold Producers
www.bloomberg.com

The FTSE/JSE Africa All Shares Index climbed 1.8 percent as Harmony Gold Mining Co. rallied the most since 2008 amid a jump in the precious metal. Mining company Vale SA helped drive Brazil's Ibovespa to the highest level in two months. Mexico's peso …

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GAM assets higher in H1 despite gold fund outflows
www.reuters.com

ZURICH, Aug 13 (Reuters) – Asset management firm GAM Holding said client assets edged higher in the first half of 2013, held back by the loss of a large mandate, heavy withdrawals from its physical gold fund and June's equities market fall. Switzerland …

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Illegal Gold Exports Linked to JKIA Blaze
allafrica.com

Illegal gold trade involving billions of shillings between business men in Kenya, United Arab Emirates, Italy, and South Africa has been linked to last week's fire at the Jomo Kenyatta International Airport (JKIA). Documents in possession of the Star …

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Gold up nearly 2 per cent on ETF inflow, tight physical supply
economictimes.indiatimes.com

NEW YORK/LONDON: Gold rose nearly 2 per cent on Monday, hitting its highest in nearly three weeks as strong Chinese gold consumption and an inflow to gold-backed exchange-traded funds fuelled hopes of resurgent physical and investment buying.

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David Oliver wins world 110m hurdles gold in Moscow
www.theguardian.com

At the end of Day three at the Luzhniki Stadium, the US leads the medals table with three gold and six overall. Germany is second, with four medals. Men's 110m hurdles: 1 David Oliver (US) 13.00 2 Ryan Wilson (US) 13.13 3 Sergey Shubenkov (Russia) …

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Eureka! X-rays detect gold faster and more accurately
www.gizmag.com

Every year, Australian mining companies discard hundred of millions of dollars worth of gold. They're not doing it on purpose, it's just that the standard industry technique of scanning mineral samples isn't sensitive enough to detect small traces of …

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Christine Ohuruogu wins 400m World Championship gold in stunning style
www.theguardian.com

I won in 2007 and 2008 and I have Commonwealth gold, but the national record is as old as I am. It literally is. It was set in 1984 and I was born in 84." Ohuruogu was drawn in lane four, which appeared the perfect position to monitor Montsho in lane five.

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India Increases Gold Tax Third Time This Year to Cut Deficit
www.bloomberg.com

India, the world's biggest gold user, raised the tax on imports for a third time this year to curtail demand and contain a record current-account deficit that's weakened the rupee to an all-time low. The duties on gold and platinum imports were …

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GLOBAL MARKETS-Japan shares rise, yen slips on tax report; gold near 3-wk high
www.reuters.com

TOKYO, Aug 13 (Reuters) – Japanese shares rose sharply and the yen fell after a media report on Tuesday said Prime Minister Shinzo Abe is considering a cut in corporate tax to counter the pain of a planned sales tax increase, while gold eased but held …

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