Gold

Gold-Investment Demand in China to Advance 10%, ICBC Forecasts

June 11, 2012
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Gold-Investment Demand in China to Advance 10%, ICBC Forecasts

Trade with SpeedTrader for $.39/100 shares. Powerful online trading platform. Free demo and unlimited shares!Gold-investment demand in China may gain more than 10 percent this year as buyers seek a haven from Europe’s debt crisis and the prospect of weakening currencies, according to the country’s largest bullion bank. “Investors here want to hold part...

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The Laiva mine produced 90 kilos of gold during May 2012

June 11, 2012
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Press release June 11, 2012 During May 2012 a total of 90 kilos of gold were produced in the Laiva mine corresponding to 3 kilos of gold per day. The aim to reach a production level of five kilos of gold per day during the summer 2012 remains. During the first five months of...

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PRECIOUS-Gold up after Spain deal; outpaced by other metals

June 11, 2012
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* Spot platinum up 2 percent; spot palladium leads the pack * Gold gives up most gains on profit-taking * Spot gold signals mixed - technicals * Coming up: France industrial output, April; 0645 GMT (Adds comments, details; updates prices) By Rujun Shen SINGAPORE, June 11 (Reuters) - Gold inched up on Monday, after...

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PRECIOUS-Gold rises after tumbling early, Spain rescue eyed

June 10, 2012
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* Gold rebounds sharply on uncertainty over Spanish bailout * Bullion posts 2 pct weekly loss, hold long-term support * Inverse correlation between gold, dollar weakest in 6 mths * Coming up: Spain poised to request EU bank aid Sat (Adds comment, details, graphic link, updates market activity) By Frank Tang NEW YORK, June...

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Gold flat after tumbling early, Spain rescue eyed

June 10, 2012
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BEIRUT (Reuters) – Eighteen people, including 12 women and children, were killed overnight by shelling in the Syrian town of Deraa, where the uprising against President Bashar al-Assad erupted 15 months ago, the Syrian Observatory for Human Rights said on Saturday. Fighting was also reported in Damascus, Homs and other …

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PRECIOUS-Gold flat after tumbling early, Spain rescue eyed

June 9, 2012
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Wall Street Week Ahead: Rally’s stamina hangs on EuropeReuters Investors celebrated U.S. stocks’ best week in 2012 on Friday, but a cloud hangs over Wall Street, and it’s what …

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Metals Stocks: Gold suffers weekly loss, but ends session higher

June 9, 2012
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Metals Stocks: Gold suffers weekly loss, but ends session higher

By Myra P. Saefong and Virginia Harrison, MarketWatch SAN FRANCISCO (MarketWatch) — Gold futures finished lower for the week Friday, as recent comments by the top U.S. central banker squashed hopes of immediate stimulus, lifting the dollar and sinking prices a day earlier. Gold, however, ended Friday’s session on a positive note, with traders...

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