Investors dumped units of gold exchange-traded funds on an unprecedented scale in the second quarter, London-based ETF Securities said, as a brightening macroeconomic outlook tarnished the metal's appeal as a haven and the hunt for yields drove …
Gold fell as investors wait for U.S. jobs data that may provide clues to the Federal Reserve's plans to taper stimulus and the euro slid after the European Central Bank pledged to keep interest rates low for an extended period. U.S. nonfarm payrolls …
LONDON, July 4 (Reuters) – Gold eased on Thursday after European Central Bank chief Mario Draghi signalled it could cut interest rates further, pressuring the euro against the dollar, but moves were muted ahead of U.S. jobs data. Volumes were thinned …
The bet on gold that former Venezuelan President Hugo Chavez made in the final years of his life is collapsing at the wrong time for his country. Chavez, who argued that Venezuela should move away from the “dictatorship of the dollar,” stockpiled more …
Gold sales from Australia's Perth Mint, which refines nearly all of the bullion mined in the country, declined for a second month in June as prices extended a bear-market slump, deterring buyers. Sales of gold bars and coins totaled 49,460 ounces in …
LOS ANGELES (MarketWatch) — Gold prices dipped on Thursday in electronic trade, as the precious metal failed to hold early gains that were sparked by the unrest in Egypt and political troubles in Portugal. Gold for August delivery (CNS:GCQ3) shed 0.2 …
On Saturday, Cash Money CEO Bryan "Birdman" Williams invited MTV News to Chalice Recording Studio, so we can look on as he surprised Ace and presented him with his first-ever gold plaque commemorating sales of over 500,000 units. "Seeing this …
The slump in gold prices has hit the European Central Bank where it hurts: its balance sheet. The consolidated balance sheet of the ECB and its 17 member central banks plunged at the end of last week as a result of a revaluation of gold prices, data …
Gold prices in Batha's commercial district in the Kingdom's capital are currently down, but salesmen believe that sales would increase in the run-up to the holy month of Ramadan. “This is the time for gold customers to buy because of the low prices …