BlackRock Inc.'s Evy Hambro, manager of its $8 billion World Mining Fund, said gold supply may fall “quite rapidly” as producers curb output at expensive mines. “Very few gold companies are actually making significant profit,” Hambro said in an …
MUMBAI: Extending their rally for the second consecutive day, shares of gold-financing firms Muthoot Finance and Manappuram Finance today surged up to 16 per cent after the RBI revised loan-to-value policy for NBFCs. Shares of Manappuram Finance …
In our previous article on gold, we examined the situation in the U.S. dollar and the euro as many times in the past they gave us important clues about future precious metals' moves. At that time we wrote in the summary: (…) gold's lack of will to …
Gold extended gains for the second straight session, adding Rs. 90 to Rs. 30,170 per ten gram in the national capital today, on sustained buying by stockists for the ensuing wedding season amid firming global trend. Silver snapped its two—day losing …
(Kitco News) – Gold's rise Friday could continue into next week, with a majority of participants in the weekly Kitco News Gold Survey forecasting higher prices. In the Kitco News Gold Survey, out of 33 participants, 23 responded this week. Twelve see …
But even if there is this competitive benefit, the deflation in peripheral countries threatens to mutate into the “worst kind of deflation”, as Reserve Bank of Australia's Glenn Stevens described this danger in 2003.2 This is when a slump in domestic …
"No other country during peacetime has achieved as much as Greece has achieved since 2009," Stournaras said when asked what specific steps he had taken to overhaul the economy and make it competitive again after six years of debilitating recession …
When driving towards the quaint shops at the hub of this affluent town, cellular communication ceases a few miles from your destination, leaving you unable to receive or make calls until you choose to leave. The sprawling town of Washington is easily …
While he spoke of how volatile returns were a threat to the industry's future and farmers were questioning whether the industry had a future, the organisation's economic service estimated farm profit before tax for the 2012-13 season would fall 54% on …