NEW YORK—Gold prices extended their losses on Thursday as expectations of higher interest rates from the Federal Reserve prompted some investors to cut back holdings of the store of value. The most actively traded contract, for December delivery, was …
A gold IRA is a type of IRA that allows the investor to own physical gold, silver, platinum and palladium instead of paper-based assets such as cash, stocks and bonds. It was created by Congress in 1997, says Edmund C. Moy, chief strategist for …
The Shanghai Gold Exchange (SGE) will launch its international bourse with eleven yuan-denominated gold contracts, the first of a slew of bullion contracts expected in three other countries in the region before the end of the year. A successful take-up …
The figure, which comes from Bullionvault.com, the world's biggest online platform for private investors who want to trade physical gold and silver, suggests that anxious Scotland-based investors are turning to gold as a means of insuring against the …
“There are far fewer gold reserves than previously, following Gordon Brown's decision to sell off a huge chunk of them at rock bottom prices,” said a spokesman for Scotland's Finance Secretary, John Swinney. Former U.K. Prime Minister Mr. Brown could …
Gold in overseas markets, which normally set price trend on the domestic front, dropped to its lowest in 8-1/2 months today as the dollar index jumped to a four-year peak after the Federal Reserve signalled that a faster hike in US interest rates might …
As of 8:03 a.m. EDT, gold for December delivery was $16.40 lower to $1,219.50 an ounce on the Comex division of the New York Mercantile Exchange. Spot gold was down $3.75 to $1,219.35. The two markets close at different times, resulting in the …
DAR ES SALAAM, Sept 17 (Reuters) – Tanzania plans to lift gold production at its Stamigold Biharamulo gold mine, formerly owned by African Barrick Gold, to 40,000 ounces next year, almost four times its expected output for 2014. Stamigold became the …
Marking the traditional start of gold-buying season in India, it is usually a strong monthfor the yellow metal, but not this time around. On a most-active basis, futures on the yellow metal /quotes/zigman/635641/delayed GCZ4 is down nearly 5% since the …