Gold prices fell Friday as a relief rally in U.S. equities sapped investor appetite for haven assets like precious metals. The most actively traded contract, for December delivery, fell $2.20, or 0.2%, to $1,239 a troy ounce on the Comex division of …
MUMBAI: Snapping a three-session rally, gold prices tumbled at the domestic bullion market here following a fresh bout of profit-taking by stockists and speculators in the face of lacklustre global sentiment. Elsewhere, silver also plummeted sharply …
The contract gained for the second week in a row, adding 1.4%. “Shored up by economic concerns on the part of market participants, gold is holding its own at around $1,240 per troy ounce as the week draws to a close,” said Commerzbank analysts in a …
Gold is currently getting a reprieve as it trades close to $1240, which is above important weekly support at $1200. It's safe for the time being but we believe that Gold will ultimately break back below $1200 and below $1100 before the end of the …
Gold and stocks tend to move in opposite directions as the precious metal is seen as a store of value and a hedge against economic turbulence, while equities tend to benefit from U.S. growth. The metal is also vulnerable to currency gains. Gold is …
(Kitco News) – Gold prices are steady to slightly lower in early U.S. trading Friday. Less anxiety in the market place so far Friday has lent some selling pressure to gold. However, it won't take much to reignite fear, and that is keeping a floor under …
(Kitco News) – If there is one country in the world that would vote yes in a referendum to force its central bank to increase its gold reserves, it would be Switzerland, said one Liechtenstein fund manager. Ronald-Peter Stoeferle, fund manager at …
Friday night brings the Season 5 premiere of "Gold Rush," one of the top-rated shows on the Discovery Channel. In the past four seasons, viewers have watched as Todd Hoffman, of Sandy, Oregon, and other crew leaders and crew members have dug into …
LONDON, Oct 17 (Reuters) – Growth in gold mine output from number one producer China is set to slow significantly in coming years in the face of declining ore grades and waning profitability, analysts Business Monitor International said on Friday.