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Gold mining
Fire at Harmony Gold mine halts 19% of output
Apr 25 2013ENRC founders consider buyout of troubled miner
Apr 22 2013Gold futures climbed Wednesday »
Gold futures climbed Wednesday, recouping the prior day’s loss and then some to finish at their highest level in nearly a month, with the metal finding support from weakness in the U.S. dollar and strong demand in Asia. Gold for June delivery (US:GCM3) climbed $24.90, or 1.7%,…
May 9 2013 / No Comment / Read More »Gold price in Hong Kong went up 122 HK dollars per tael on Thursday »
The gold price in Hong Kong went up 122 HK dollars to open at 13,660 HK dollars per tael on Thursday, according to the Chinese Gold and Silver Exchange Society. The price is equivalent to 1,477.63 U.S. dollars a troy ounce, up 13.2 U.S. dollars…
May 9 2013 / No Comment / Read More »BullionVault’s Gold Investor Index climbed to a 16-month high »
BullionVault, an online service for investors to buy and sell physical gold and silver, said its Gold Investor Index climbed to a 16-month high last month as the biggest price drop in three decades triggered more demand. The index jumped to 58.6 in April, the…
May 9 2013 / No Comment / Read More »Gold to extend gain to $1,504-technicals »
Gold was headed for its biggest weekly gain in one-and-a-half years after rising more than 1 percent on Friday as a mid-month plunge in prices triggered bargain-hunting and a surge in physical buying across Asia. Bullion still attracted buying even though the price had rebounded more than $100 since falling…
Apr 26 2013 / No Comment / Read More »Hedge funds increased bets on a gold rally »
Hedge funds increased bets on a gold rally by the most in three weeks as central banks signaled no end to economic stimulus, driving prices…
May 9 2013 / No Comment / Read More »Barrick ponders suspending Pascua Lama Project permanently »
Barrick Gold is considering suspending the Pascua Lama project or developing a smaller pit on the Argentinian side of the project, among other options, Barrick…
Apr 25 2013 / No Comment / Read More »Comex Gold hits nitro button climbs on bargain hunting demand »
It appears that Comex gold has hit the nitro button as the commodity is moving higher on the Globex platform. The reason is attributed to…
Apr 25 2013 / No Comment / Read More »