The gold trade has become very interesting over the past few months. Both the yen and the euro have recently rallied against the dollar, as the market believes that aggressive accommodation in Europe and Japan has begun to wane. But despite the dollar …
Avocet, based in London, plans to restructure it finances after cutting gold reserves at the Inata mine in the African nation by half earlier this year. The company will have about 100,000 ounces of gold hedged by the end of the year at $938 an ounce …
In part three of this series, Elemental Forces On The Price Of Gold, I began my discussion on the forces moving the price of gold. I discussed supply and demand factors, as well as the function of gold as a hedge against outlier economic dislocations …
Gold has been under pressure as the U.S. Federal Reserve appears set to soon reduce monetary stimulus, or quantitative easing, with policy makers citing improvement in the economy as reason for the move. Asset purchases by the central bank have been …
(Kitco News) – Hecla Mining Co. (NYSE: HL) expects the amount of silver and gold it produces to jump in the second half of the year as output at the Lucky Friday silver mine in Idaho returns to normal and as the company continues to ramp up output at a …
(Kitco News) – Comex gold futures prices rallied sharply in late-morning dealings to end the U.S. day session with solid gains. Both gold and silver saw heavy short-covering following selling pressure seen earlier this week, with some bargain hunting …
The MasterCard director for Costa Rica, Honduras and Guatemala, Gabriel Pascual, explained at a press conference that Costa Rica was chosen to introduce this product because it has a greater number of affluent customers in the region. “We could not …
The science fiction thriller "Elysium" wants to be many things, among them a thinly disguised endorsement of universal health care (read: Obamacare), a push for amnesty for undocumented aliens, a warning against ruthless totalitarianism and a …
The move toward residential architecture and design might be relatively new for DAS — the firm is also currently finishing up an interior renovation of the classic Art Deco apartment building, The Touraine — but it's a logical step for the full …