Gold is a chemical element with the symbol Au (Latin: aurum) and an atomic number of 79. It has been a highly sought-after precious metal for coinage, jewelry, and other arts since the beginning of recorded history. The metal occurs as nuggets or grains in rocks, in veins and in alluvial deposits. Gold is dense, soft, shiny and the most malleable and ductile pure metal known. Pure gold has a bright yellow color and luster traditionally considered attractive, which it maintains without oxidizing in air or water. Gold is one of the coinage metals and has served as a symbol of wealth and a store of value throughout history. Gold standards have provided a basis for monetary policies. It also has been linked to a variety of symbolisms and ideologies. Read More
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By Reuters
Fears that a Greek exit from the euro zone will worsen the debt crisis facing other European nations gripped financial markets on Wednesday, sending shares and other riskier assets lower as investors shifted funds into safe havens like the U.S. dollar. (7:56 am)
MORE TOPICS: MORGAN STANLEY, FTSE, PORTUGAL, CRUDE OIL, JAPAN, ELECTIONS
By LiveTradingNews
Gold Standard flawed, but best alternative to USD manipulation. The present US monetary system is an "abysmal failure" and the value of the USD has been manipulated, according to a former US Federal Reserve official. (7:51 am)
MORE TOPICS: FEDERAL RESERVE, UNEMPLOYMENT, INVESTMENT
By IBTimes
Date: 16.05.2012 MACD Crossover at: 07:00 AM EST Signal: Buy Action: Market Order opened Stop Loss: 1526.84 Take Profit: When the next crossover of the MACD line and the signal line occurs. (7:17 am)
MORE TOPICS: MANAGEMENT, INVESTMENT
By Reuters
Fears of a Greek exit from the euro zone worsening the debt crisis facing other European nations gripped financial markets on Wednesday, sending shares and other riskier assets lower as investors shifted funds into safe havens like the U.S. dollar. (5:28 am)
MORE TOPICS: BNP PARIBAS, MORGAN STANLEY, FTSE, PORTUGAL, CRUDE OIL, JAPAN
By Forextribe
The gold has continued its bearish movement and the breakout of 1550 points gave us a new sell signal. Currently, the gold is moving towards the next support at 1520 points. The pair continues below the lower band of its medium term bearish channel (purple lines). All indicators are bearish. (4:36 am)
By Easy Forex
The euro (EUR) recorded losses against most of its major counterparts as the news from Greece heightened risk aversion. The final round of talks on forming a coalition government yesterday produced no breakthrough. The debt-ridden nation will now proceed with new elections in June. As the ongoing dr. (3:28 am)
MORE TOPICS: FTSE, S&P, RETAIL SALES, RETAIL, ELECTIONS, EUROPEAN CENTRAL BANK
By IBTimes UK
Gold, oil, shares fall around the world as Euro break-up speculation grips investors (3:11 am)
MORE TOPICS: FTSE, NIKKEI 225, JAPAN, ELECTIONS, LONDON
By Reuters
Asian shares slid and the dollar rose broadly on Wednesday after efforts to form a new government in Greece collapsed, fuelling fears that a second election in June could precipitate Athens' exit from the euro zone and deepen the bloc's debt crisis. (1:49 am)
MORE TOPICS: CHINA, APPLE INC., BARCLAYS, JAPAN, QUANTITATIVE EASING, INVESTMENT
By Reuters UK
Asian shares slid and the dollar rose broadly on Wednesday after efforts to form a new government in Greece collapsed, fuelling fears that a second election in June could precipitate Athens' exit from the euro zone and deepen the bloc's debt crisis. (1:49 am)
MORE TOPICS: CHINA, APPLE INC., BARCLAYS, JAPAN, QUANTITATIVE EASING, INVESTMENT
By IBTimes AU
Gold and copper mining company Anglo Asian Mining PLC's production and development plans for the Gosha gold deposit has been approved by the Azerbaijan government. (1:43 am)
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