Sunday, May 27, 2012 5:09 PM EDT
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
By Union Bank of California
The dollar is headed into the long weekend near the top of its recent ranges against the majority of its peers. Risk aversion has continued to support the USD in its role as "safe-haven" asset with the ongoing fears that the Eurozone remains on shaky ground. (May 25)
By iMoneywire
Overnight price action saw European equities begin their session on a positive footing, but have since pared these gains and are now in the red as investor sentiment waffles. (May 25)
MORE TOPICS: FTSE
By iMoneywire
While the European Economic Summit failed to provide any earth-shattering revelations this week, the topic of joint euro area bonds has re-emerged and seems to be garnering support with many political leaders. (May 25)
MORE TOPICS: GERMANY
By Reuters
Gold prices rose back above $1,560 an ounce in Europe on Friday, snapping four sessions of losses, as the euro recovered from two-year lows against the dollar, though worries over the outlook for the euro zone kept investors on edge. (May 25)
MORE TOPICS: BNP PARIBAS, GOLD PRICES, INDIA, CREDIT SUISSE, SILVER, LONDON
By Victoria Gold Corp
Victoria Gold Corp. is pleased to announce that it has entered into a Purchase and Sale Agreement with a wholly-owned subsidiary of Barrick Gold Corporation, to sell its interest in the Mill Canyon Property, located in Eureka and Lander Counties, Nevada. (May 25)
By CME Group
Like the rest of the metals complex, platinum is showing early strength this morning, which may be due in large part to initial gains in European equities and also because of some initial gains in the Euro. (May 25)
By CME Group
The silver market was showing marginal gains early this morning but US stocks were showing signs of giving up their initial gains and the news flow from Europe wasn't particularly beneficial to the bull camp in silver. (May 25)
MORE TOPICS: CHINA, GERMANY, COPPER, MICHIGAN, SILVER, LONDON
By CME Group
At least in the early going today, it would seem like anxiety toward the Greek situation remains in place, but it has been moderated by somewhat up beat French and German Consumer confidence readings. (May 25)
MORE TOPICS: CHINA, GERMANY, ELECTIONS, COPPER, MICHIGAN, INVESTMENT
By IBTimes UK
A leather-bound Gospel of Barnabas, discovered in 2000, has come up with claims to cause collapse in Christianity worldwide, reports Iran's Basij Press. (May 25)
MORE TOPICS: RELIGION
By Reuters UK
Top share index was a touch lower in thin, choppy trade on Friday, with cyclical stocks once again suffering as lack of clarity on the euro zone's debt and economic crisis threatened to slow the global economy. (May 25)
