(Kitco News) – Gold prices are trading not too far from unchanged levels in early U.S. dealings Wednesday. The bulls are on the ropes and trying to stabilize the market after gold hit a three-week low on Tuesday. Gold prices have shed around $40.00 an …

Gold futures edged higher on Wednesday as some investors shrugged off concerns over the path of U.S. monetary policy, while others focused on data showing faster U.S. inflation. Gold for August delivery, the most active contract, rose $2.70, or 0.2%, …

I can't tell you that gold is a bad investment. Even after the recent plunge, if you bought gold in 2004, your investment would have earned you an annualized rate of about 10.4 percent, after accounting for inflation. That is darned impressive. If you …

As Janet Yellen testified before the Senate Banking Committee, gold sank 1 percent in 10 minutes, taking the metal back below $1,300 for the first time in nearly a month. But rather than being the victim of a single massive bearish trade, it appears …

Gold gets a lot of credit as a “haven” asset for its tendency to rise when other investments, like stocks, are falling. But its use for that purpose hasn't been universal. In an otherwise supportive study of gold's use as a hedge against S&P 500 …

In that month, the company tried and failed to merge with fellow gold giant Newmont Mining Corp. NEM +3.67% Newmont Mining Corp. U.S.: NYSE $25.59 +0.91 +3.67% July 16, 2014 12:39 pm Volume (Delayed 15m) : 4.11M P/E Ratio N/A Market Cap …

As an example, above you will find the price of a barrel of oil measured in troy ounces of gold. You can see that gold does not have some magical property that causes this to be stable. Gold is just another commodity and using it as your currency …

Gold imports by India, the world's second-largest user, jumped 65 percent in June after the central bank allowed more banks and traders to buy bullion overseas, widening the nation's trade deficit to an 11-month high. Shipments surged to $3.12 billion …

Spot gold rose 0.2 percent to $1,296.20 an ounce by 1213 GMT, after losing 3.3 percent in the last two sessions, its biggest two-day loss since October. The metal broke below $1,300 for the first time since June 19 in the previous session following …