Singapore: Gold edged towards a four-month low on Monday on fears of an early end to US stimulus measures and as holdings of the biggest bullion-backed exchange-traded fund fell the most in three weeks. Gold was also weighed down by gains in Asian …
(Kitco News) – Bearish metals traders are seeming to grow more confident, as for the third week in a row, speculators reduced their net-long positions in gold and silver futures and options traded on the Comex division of the New York Mercantile …
Gold prices slumped as low as $1,225.70 an ounce after the preliminary accord, reached Sunday, was announced. Iran promised to freeze its nuclear program in exchange for easing the economic sanctions that have gripped the country's access to foreign …
Detour Gold, whose biggest investor is hedge fund firm Paulson & Co., has dropped 85 percent this year amid a decline in metal prices and after the company cuts its production forecast in May. Panneton began as CEO in 2006 and led the company's …
LONDON: Gold slid around 1 per cent on Monday after Iran and six world powers agreed a deal to curb Tehran's nuclear programme, which eased political tensions, drove oil prices lower and lifted the dollar and equities. The precious metal was also …
(Kitco News) – Gold prices finished the U.S. day session slightly lower and well up from the intra-day low that notched a nearly five-month low in overnight trading. The market was pressured in part by a weekend announcement that Iran has agreed to end …
MADRID (MarketWatch) — Gold prices came under pressure on Monday, after the U.S. and five other world powers reached an historic agreement with Iran that would roll back that country's nuclear program, and the dollar soared. AFP/Getty Images. With the …
A drop in gold prices below $1,200 an ounce may precipitate a fresh round of production cuts in the mining sector aimed at re-balancing the market, strategists told CNBC. Although the short-term view on gold remains overwhelmingly negative – with …
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