The gold trade has become very interesting over the past few months. Both the yen and the euro have recently rallied against the dollar, as the market believes that aggressive accommodation in Europe and Japan has begun to wane. But despite the dollar …
Avocet, based in London, plans to restructure it finances after cutting gold reserves at the Inata mine in the African nation by half earlier this year. The company will have about 100,000 ounces of gold hedged by the end of the year at $938 an ounce …
In part three of this series, Elemental Forces On The Price Of Gold, I began my discussion on the forces moving the price of gold. I discussed supply and demand factors, as well as the function of gold as a hedge against outlier economic dislocations …
(Kitco News) – Hecla Mining Co. (NYSE: HL) expects the amount of silver and gold it produces to jump in the second half of the year as output at the Lucky Friday silver mine in Idaho returns to normal and as the company continues to ramp up output at a …
Gold has been under pressure as the U.S. Federal Reserve appears set to soon reduce monetary stimulus, or quantitative easing, with policy makers citing improvement in the economy as reason for the move. Asset purchases by the central bank have been …
(Kitco News) – Comex gold futures prices rallied sharply in late-morning dealings to end the U.S. day session with solid gains. Both gold and silver saw heavy short-covering following selling pressure seen earlier this week, with some bargain hunting …
Will "Breaking Bad" finally win a series Emmy? Will "Modern Family" ever lose one? Are voters ready to go all in on Kerry Washington and Louis C.K.? We offer some answers and thoughts, but since it's early (very early), these predictions will likely be …
Two-time Chinese Olympic gold medalist Zou Shiming won his second professional fight against Jesus Ortega in Macau last weekend. While Zou could unlock a potentially enormous boxing market in China, one can't help but wonder what will come of his …
Uncertainty over U.S. policy keeps gold in a range. * Platinum at its most expensive versus gold in 2 years (Updates prices, adds comment). By Jan Harvey. LONDON, Aug 8 (Reuters) – Gold firmed on Thursday as the dollar held near a seven-week low …