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Gold

Gold Breaks 6-Day Losing Streak But QE Speculation Lingers
www.foxbusiness.com

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 …

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In India, An Old profession Is Fashionable Again: The Gold Mule
www.forbes.com

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 …

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A.M. Kitco Metals Roundup: Gold Firmer On Short Covering, Bargain Hunting …
www.forbes.com

(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 …

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Gold Ticks Up as US Dollar Slumps
www.foxbusiness.com

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 …

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Gold: Not Much Of A Hedge For Anything, Unless You're A Centurion
www.forbes.com

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 …

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Byzantine Coins and Gold Found in Garbage Pit
news.discovery.com

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 …

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DJ Khaled's "No New Friends" Officially Goes Gold
www.hotnewhiphop.com

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 …

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Gold gains for second day as dollar weakens
www.cnbc.com

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 …

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Gold Climbs Before Jobless Report as Investors Weigh Stimulus
www.bloomberg.com

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 …

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