MUMBAI: The Reserve Bank of India told regional rural banks on Tuesday they could no longer provide loans against gold jewellery and coins weighing over 50 grams – the latest move to discourage gold buying as the government seeks to reduce a record …
"There's no pressure on him at all," Klinsmann said during a media conference call on Thursday. "There's just a learning curve ahead of him and in partnership with his club to make sure we keep him with both feet on the ground and just every time …
A glittering commodity has seen some tarnish recently. Gold futures shed $45.20 Wednesday to settle at $1,229.60 a troy ounce on Comex. After the 2008 financial crisis, many investors sought the metal as an inflation hedge. But amid moderate prices and …
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Donovan, the USA's all-time leading scorer, was included on Jurgen Klinsmann's 23-man roster for next month's CONCACAF Gold Cup, which U.S. Soccer released Thursday. Donovan has not played for the USA since a friendly against Mexico last August, …
Another day another beating for gold. The yellow metal fell another 3.5% overnight bringing it to prices unseen for almost three years. The SPDR Gold Trust ETF (GLD) is now down over 25% year-to-date as retail investors find themselves on the wrong …
That downside could be a longer-term move for gold, too, as the metal may be moving back to its fair value, according to Campbell Harvey, professor at Duke University's Fuqua School of Business, who has done academic research regarding the value of …
Also, some industry insiders think gold production is break-even right now — that is, market value of the metal at under $1,300 per ounce is on par with the cost it takes to extract gold from the ground at many mines. That's a pretty compelling case …
Gold lost 3.3% yesterday; with two trading days left in the month, that puts the yellow metal on track to record its worst quarterly performance since it began floating against the dollar in 1971 (as of Wednesday's close, the quarter-to-date loss …