A day earlier, gold prices eased up 0.01%, or 10 cents, to settle at $1,310.60. Futures were likely to find support at $1,288.50, the low from August 6 and resistance at $1,324.30, the high from August 8. Markets watchers looked ahead to U.S. data on …
MUMBAI: Gold prices moved down marginally at the domestic bullion market here today due to reduced demand from stockists as well as lack of local buying support. Moving with the general trend, silver also declined on sluggish industrial demand …
Gold is stuck in a tight trading range around $US1300 an ounce and the oil price is actually tumbling despite events in the Middle East. Last night the price of Brent crude futures dropped 1.3 per cent to below $US103 a barrel for the first time since …
For years the market sentiment was that the gold industry's cost reporting was some sort of a joke. But companies have worked hard to shed that reputation in the past year and a half, making undeniable progress with the institution of the AISC in 2012.
The government has been increasingly aggressive in taxing gold to help plug a gap in its current account. Over the past two years, the government has raised the import tax on gold to 10% from 2% and said 20% of imports must be re-exported, known as the …
Citigroup's Johann Steyn and Craig Irwin have a note out today, adjusting their gold outlook to reflect industry trends, but they remain bearish on the sector overall. They note that global gold on mine unit costs fell 5% year-over year, while notional …
LONDON, Aug 13 (Reuters) – Gold rose on Wednesday after soft retail sales implied some loss of momentum in the U.S. economy, putting pressure on the dollar and curbing speculation that the Federal Reserve may raise interest rates sooner than expected.
DENVER (AP) — Workers are putting the finishing touches on the new gold leaf covering the state Capitol's dome. They began rappelling down the dome around sunrise Wednesday morning in preparation for the upcoming dedication and reopening of the …
She won 12 consecutive matches to reach the finals, where she defeated Jerica Vie of Arizona for the gold medal. This was Eno's first time competing in an adult division at Nationals, and she didn't expect the outcome she got. “It hadn't really sunk in …