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Gold prices held near $1,640 an ounce on Friday »

Gold prices held near $1,640 an ounce on Friday, supported by an uptick in the euro versus the dollar, but momentum was weak as investors took to the sidelines to await further news on the euro zone crisis and U.S. monetary policy. Spot gold was down 0.1…

Apr 20 2012 / No Comment / Read More »

Gold futures swerved between small gains and losses Friday »

Gold futures swerved between small gains and losses Friday, underpinned by a weaker dollar but for the most part lacking catalysts to generate trading action in either direction. Gold for June delivery  retreated $1.20, or 0.1%, to $1,640.60 an ounce on the Comex division of the…

Apr 20 2012 / No Comment / Read More »

World Gold Council offers 6% off on gold coins to celebrate Akshaya Tritiya »

The World Gold Council on Thursday announced that it is working in partnership with India Post and Reliance Money to celebrate the festival ofAkshaya Tritiya, by offering consumers a special discount of 6% on the purchase of gold coins fromIndia Post offices. Starting from April 19 until June 30,…

Apr 20 2012 / No Comment / Read More »

Gold inched lower on Friday »

Gold inched lower on Friday and was headed for a weekly decline of 1 per cent, weighed down by persistent concerns about Spain and lackluster US economic data. FUNDAMENTALS * Spot gold edged down 0.1 per cent to $1,640.89 an ounce by 0041 GMT, on course for…

Apr 20 2012 / No Comment / Read More »
Gold stocks

At tax time, gold ETFs punish investors »

Were you one of the many who were wooed by a gold exchange-traded fund (ETF) in 2011? Did another commodity ETF catch your eye (and…

Apr 16 2012 / No Comment / Read More »

Paulson Gold Fund said to fall 13% as mining stocks slump »

Paulson & Co.’s Gold Fund lost 13 percent in March, according to a person with knowledge of the returns, as investors sold off bullion and…

Apr 5 2012 / No Comment / Read More »

ETFs record inflows »

Gold exchange-traded funds, which issue securities backed by physical metal, reported inflows on Monday. Holdings of the largest, New York’s SPDR Gold Trust, increased by…

Mar 27 2012 / No Comment / Read More »
Gold predictions

More cautious view emerges for gold in Q2: Poll

Gold remains on course to rally through this year and into 2013, but heady forecasts of $2,000 an ounce are receding fast as the economy stabilises, a Reuters…

Apr 16 2012 / Read More »
Gold ETFs

At tax time, gold ETFs punish investors

Were you one of the many who were wooed by a gold exchange-traded fund (ETF) in 2011? Did another commodity ETF catch your eye (and your money)? Now…

Apr 16 2012 / Read More »
Gold mining

Peru February gold, silver output up; copper down

Production of Peru’s gold, silver and zinc increased slightly in February, while output of copper declined, the government said. The Mines and Energy Ministry said Thursday that Peru…

Apr 20 2012 / Read More »
Other Precious Metals

Anglo’s platinum output falls 24%, iron ore gains 17%

Anglo American Plc (AAL), the biggest platinum producer, said output of the metal fell 24 percent in the first quarter from a year earlier after it shut a…

Apr 19 2012 / Read More »
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