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Gold

China, gold prices & US default threats
rt.com

The result of that huge paper gold sale was that at just the time when a possible US government debt default would send investors in a panic rush to the safety of buying gold, instead, the price plunged $30 an ounce to a three-month low of $1,259.60 an …

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Gold paradox; a tarnished safe haven catches traders off guard
www.fxstreet.com

During the past month, market participants have witnessed an odd,incomprehensible, mostly 'out of the blue' trend behavior of one of the ultimate safe haven assets. To elaborate on, gold amidst the16-day political melodrama in Washington-with Tea Party …

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Gold, silver surge on domestic demand, firm global cues
www.thehindu.com

Gold prices rose further by Rs. 240 to Rs. 31,890 per ten grams on Monday, thanks to sustained buying by stockists for the festival and marriage season, amid a firm global trend. Silver also rebounded by Rs. 850 to Rs. 49,350 per kg on increased off …

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Gold rush in Unnao: Story behind the excavation
economictimes.indiatimes.com

A gold rush was triggered by seer Shoban Sarkar's claim that the said Raja had appeared to him in a dream and told him that 1,000 tonnes of gold lay buried in the ruins of the Raja Rao Ram Bux Singh fort. The hunt for a 1,000-tonne gold treasure has …

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Scientific basis for Unnao gold hunt, ASI says
timesofindia.indiatimes.com

NEW DELHI: Dismissing suggestions that the Archeological Survey of India's (ASI) Unnao gold hunt was based on a sadhu's dream or pressure from the government, ASI officials said that there was strong scientific and historical basis for the dig. "With …

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After criticism of hunt for buried gold, Narendra Modi's conciliatory tweet
www.ndtv.com

New Delhi: After attacking the government for allegedly ordering a treasure hunt for buried gold in Uttar Pradesh on the basis of a sadhu's dream, Narendra Modi is trying to propitiate the followers of the sage, Shobhan Sarkar. He tweeted today that …

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The gold mining town of Tumco
www.ivpressonline.com

TUMCO — What was once a bustling gold-mining town with booms and busts spanning from the 1600s to the early 1900s is now a ghost town — Tumco. A few artifacts remain at the site to help tell the story of the once hardworking miners that inhabited the …

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Gold bulls strike back as US national debt surges
www.cnbc.com

Gold bulls aggressively pressed the case for the precious metal as an alternative to an embattled U.S. dollar amid still fragile economic growth and national debt of over $17 trillion, according to CNBC's latest market survey of traders, analysts and …

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Unnao's gold site could have more ancient history
timesofindia.indiatimes.com

LUCKNOW: As Archaeological Survey of India team in Daundiya Kheda, the village in Unnao where excavation for gold is on, continued with their drill on Sunday, it was revealed that the place was a settlement much before Raja Ram Baksh Singh ruled.

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