On Wednesday, gold (NYSEARCA:GLD) futures for December — the most active contract — increased $2.80 to close at $1,285.30 per ounce, while silver (NYSEARCA:SLV) futures for September edged 2 cents lower to finish at $19.51. Both precious metals …
It's back to the 1980s in India. The government's effort to rein in gold imports to ease a yawning trade deficit has led to the revival of an old-fashioned Indian profession: the gold courier. A mule arriving at the Delhi airport was caught with 9 kgs …
(Kitco News) – Comex gold futures prices are modestly higher in early U.S. trading Thursday. Both gold and silver are posting corrective, short-covering bounces from selling pressure seen earlier this week, with some bargain hunting sprinkled in. The …
The dollar index slid to its lowest since mid-June on Thursday on uncertainty over Fed policy, but steadied by mid-morning. Trading conditions are quiet ahead of weekly U.S. jobless data, due at 1230 GMT, analysts said. Spot gold was up 0.2 percent at …
Gold, like homes during the housing bubble, displays what economists call “positive price elasticity.” When the price is rising, investors are attracted to gold and buy more. Rising purchases by China and other emerging markets may have driven gold's …
As they dug into it, the archaeologists found a hoard of 400 Byzantine coins, 200 intact Samaritan lamps and gold jewelry amid animal bones, pottery and glass fragments. Most objects date to the 5th-7th centuries A.D.. What was a 1,500-year-old …
There maybe no new friends, but there will be new plaques. DJ Khaled's hit record, "No New Friends", has officially gone gold. The Drake, Rozay, and Lil Wayne-assisted record has just surpassed the 500,000 mark in sales. The record served as the first …
Gold is now up for a second straight session, having fallen to a three-week low early on Wednesday on fears of a stimulus wind down by the U.S. Federal Reserve from next month. "The buying today is due to short covering since not much is happening to …
Gold advanced before a report today that may show U.S. jobless claims increased, potentially delaying moves by the Federal Reserve to slow the pace of bond purchases. Silver and platinum climbed. Bullion for immediate delivery gained as much as 0.6 …