“The outlook is bearish for gold, and we expect a test of the major low at $1,180, to target $1,156,” said Scotiabank strategist Russell Browne to clients on Friday. “This is the 61.8% retracement of the 2008-to-2011 uptrend, and should be a major …
After his death, a cleaning crew hired to tidy his modest, ranch style home where he had lived for four decades came upon a stunning discovery — boxes and boxes full of gold coins and bullion collected over an unassuming lifetime. It was enough to …
The final treasures of a quiet man who collected a fortune in gold coins will be auctioned off Tuesday in Nevada. The body of Walter Samaszko Jr. was found in his Carson City home in June 2012. After his death, a cleaning crew hired to tidy his modest …
An employee shows gold products to a client at a shop in Hanoi June 11, 2013. – Reuters picKUALA LUMPUR, Aug 6 — Gold price is likely to hit US$1,400 (RM4,517.8) an ounce by year-end, with stable demand amid better economic expectations, says …
Gold fell for a second day as investors weighed when the U.S. Federal Reserve will slow the pace of bond purchases and as holdings in the biggest bullion-backed exchange-traded product extended their slide. Bullion for immediate delivery dropped as …
SAN JOSE — When Rod Wong, a biology teacher at Bellarmine College Preparatory in San Jose, first met Nikhil Buduma four years ago, he thought the freshman was crazy. But it didn't take long for Buduma to show that he was a once-in-a-lifetime student.
For decades, labor unions' main selling point is that they did a great job negotiating gold-plated health benefits for their members. Because of the tax subsidies associated with health benefits, employers were more willing to offer more generous …
About 90 milliseconds before the 10 a.m. release of an upbeat Institute for Supply Management report about U.S. service-sector companies, the price of gold futures and gold ETFs fell. Specifically, at 9:59:59 and 904 milliseconds, gold for December …
SINGAPORE: LionGold Corp Ltd, the Malaysian-controlled, Singapore-listed gold miner, is now actively looking at acquiring gold-producing targets to help it achieve a production target of 200,000 oz of gold by the end of 2014. “(Gold) producing assets …