GOLD

Gold Prices Slip As Euro Weakens

Super Pit gold project
Gold eased on Thursday, under pressure from a decline in the euro ahead of a rate decision from the European Central Bank, while concerns about Spain's ability to finance itself simmered after yields shot up at a debt auction.
Barrick gold project

Barrick Gold's 1Q Up 8%, Dividend Increased

Barrick Gold Corp., the world's largest gold mining company, said Wednesday its first-quarter profit rose 3 percent as a big jump in sales and a higher selling price offset rising costs and slightly less gold production.
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Oegussa plant gold

Gold Price Close To 2-Week High In Market Trade On Monday

Gold held near a two-week high on Monday on prospects of more safe-haven buying, with the U.S. dollar under pressure from weaker-than-expected economic data and speculation the Federal Reserve could ease policy further to boost growth.
220 kg block of gold

Canada's Iamgold Paying $585M For Trelawney Mining

Canadian miner Iamgold Corp said Friday it agreed to buy gold exploration company Trelawney Mining for about C$585 million in cash, in a move aimed at expanding its asset base within politically safe jurisdictions.
Lihir Gold Mine

Gold Prices Slip Back As Euro Falls

Gold prices slipped back towards $1,650 an ounce on Friday as investors cashed in gains after a three-session rally, with confidence in the metal still soft as consumers in major Asian bullion-buying centres held off making fresh purchases.
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Gold Price Struggles After Spain Downgrade

Gold struggled to make headway Friday as the euro came under pressure after Standard & Poor's downgraded Spain's credit rating, while investors waited for a monetary policy decision by the Bank of Japan later in the day for further trading cues.
Return to Gold Standard Would Be Damaging -Report

Gold Prices Rise Towards $1,650

Gold prices rose towards $1,650 an ounce on Thursday after the Federal Reserve opted to keep U.S. interest rates at rock bottom, taking further support from the foreign exchange market as the dollar languished against a basket of major currencies.

Argentina Boosted Gold Reserves When Price Was High

Argentina added to its gold reserves for the first time in nearly six years in September 2011 as the price hit record highs, mirroring the trend among emerging central banks to diversify further from paper currencies such as the U.S. dollar.
Veladero gold mine

Gold Prices Rise, Then Hover Around $1,640

Gold prices steadied near $1,640 an ounce in Europe on Tuesday as a softer tone to the dollar arrested the previous session's slide, but traders largely stuck to the sidelines ahead of a key monetary policy meeting of the U.S. Federal Reserve.
Afton-Ajax Copper and Gold Mine

Gold Prices Fall Below $1,630 On Euro Zone Worries

Gold prices slid below $1,630 an ounce on Monday as concerns that the euro zone debt crisis could ensnare higher-rated countries hurt the single currency, though moves were muted ahead of this week's Federal Reserve meeting.
Gold stayed nearly flat in thin trade on Friday, on track to log declines for two of the past three weeks as investors took to the sidelines ahead of a key U.S. option expiration and a Federal Reserve policy meeting next week.

Gold Set For 1 Pct Weekly Drop; Options, Fed Eyed

Gold stayed nearly flat in thin trade on Friday, on track to log declines for two of the past three weeks as investors took to the sidelines ahead of a key U.S. option expiration and a Federal Reserve policy meeting next week.
Gold stayed nearly flat in thin trade on Friday, on track to log declines for two of the past three weeks as investors took to the sidelines ahead of a key U.S. option expiration and a Federal Reserve policy meeting next week.

Gold Up Above $1,645/oz As Euro Firms

Gold rose above $1,645 an ounce on Friday as a better-than-expected German business sentiment survey lifted the euro versus the dollar, but trading was light as investors awaited further news on the euro zone crisis and U.S. monetary policy.
Lihir Gold Mine

Gold Prices Rise Above $1,645

Gold rose above $1,645 an ounce on Friday as a better-than-expected German business sentiment survey lifted the euro versus the dollar, but trading was light as investors awaited further news on the euro zone crisis and U.S. monetary policy.
El Morro project

Gold Prices Fall For A Fifth Day

Gold eased on Thursday as European debt jitters and worries over the U.S. job market extended the metal's losses for a fifth consecutive day.

Silver Enjoys Record 2011, Optimism For 2012

Silver enjoyed a record 2011, as investors turned to physical bars and coins of the precious metal to piggyback a strong year for gold, according to The Silver Institute's World Silver Survey 2012 released on Thursday.
The World Gold Council remains constructive on gold prices despite diminished chances of QE3

Gold Prices Set To Rise: World Gold Council

While chances of a third round of U.S. money-printing quantitative easing measures, or QE3, have dimmed, the World Gold Council, or WGC, remains positive on the yellow metal's outlook due to its international appeal and value in hedging against inflation and deflation.
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Wall Street eases on IBM, Intel; Chesapeake slumps

Stocks were lower on Wednesday after uninspiring earnings from IBM and Intel, while Chesapeake Energy slumped after a Reuters report highlighted large and unusual personal loans taken by its chief executive.
Fresnillo Silver Mine

Fresnillo Says Silver On Track, Ups Gold Output

Fresnillo, the world's largest primary silver producer, posted first-quarter output of the metal in line with its expectations and said production of gold was ahead of target, helped by the start-up of a new mine in Mexico.
Yanacocha gold mine in Peru

Gold Prices Fall in Quiet Trading

Gold prices fell in quiet trade on Monday, following crude oil's losses, as worries about Spain's ability to repay its debt and a resurgent euro zone debt crisis extended bullion's loss to a second day.
Silver and gold bars

Harmony Gold Reports Big Production Drop

Harmony Gold, South Africa's third-largest gold producer, on Friday became the latest miner to report a sharp drop in output in the first 3 months of 2012 because of an increase in government-ordered safety stoppages.
Gold Coins

Gold Prices Fall Hard As Dollar Soars

Gold prices slipped below $1,670 an ounce on Friday, pausing in their biggest one-week rally since late February as the dollar firmed against key currencies, with the euro falling out of favour due to worries over Spain's financial health.
Gold could peak in 2013 after 12-year bull run: GFMS

Gold Prices Ease For Second Day

Gold eased for a second consecutive day on Thursday, but was still set for its largest weekly gain in six weeks, thanks to the toll the re-emergence of the euro zone debt crisis has taken on investor risk appetite.
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Dow Gains 1 Percent; S&P 500 Above 50-Day Average

Stocks extended gains on Wednesday, pushing the Dow average up more than 1 percent as the market rebounded after five days of heavy losses on the S&P 500 brought the benchmark index down more than 4 percent.

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