China's price rises may have peaked but the country still faces inflationary risks, including the possibility of a new round of monetary easing by the United States, China's top economic planner said on Wednesday.
HP cuts the price of its tablet computer permanently.
Gold is set to widen its premium over platinum after hitting parity for the first time in 2-1/2 years this week, with no end yet in sight to the potent cocktail of fear factors that are benefiting safe havens at the expense of cyclical assets.
Gold held steady on Wednesday, hovering near a lifetime high around $1,778 an ounce struck in the previous session, but further gains could be capped by a rebound in equities after the U.S. Federal Reserve's vow to keep rates near zero.
Gold climbed to a third record in a row on Wednesday, extending its best rally since 2008 as a dive in French bank stocks sent new shudders through anxious financial markets, sending U.S. stocks skidding.
Gold hit fresh record highs on Wednesday as U.S. stock markets resumed their decline on concerns over the U.S. and euro zone economies, and after the Federal Reserve said U.S. interest rates would stay near zero for at least two years.
Ukraine, whose government estimates it has 2,500 to 3,00 tons of gold, will start large-scale mining for the precious metal to cash in on "the radical growth of the world price of gold," the State Service of Geology and Mineral Resources of Ukraine said Wednesday.
Gold held steady Wednesday, hovering near a lifetime high around $1,778 an ounce struck in the previous session, but further gains could be capped by a rebound in equities after the U.S. Federal Reserve's vow to keep rates near zero.
Jefferies & Co. upgraded its rating on shares of ON Semiconductor Corp. (NASDAQ: ONNN) to "buy" from "hold" while maintaining its price target of $9.50.
The world's biggest food group Nestle raised its full-year outlook on Wednesday after strong demand for its Maggi and Nescafe brands in emerging markets helped it post a forecast-beating 7.5 percent rise in underlying first-half sales.
Investors pondering a gold investment have a number of alternative routes into the precious metal, several of which are outlined below.
Gold rose Tuesday to another record high as U.S. stocks fluctuated in a narrow range and crude oil fell below $80 a barrel.
Oil and natural gas companies, whether integrated or independent, whether upstream or downstream, posted gains as investors picked up heavily discounted stocks.
Gold continues its climb to new heights even as U.S. stocks stage a rebound.
Gold notched a new high on Monday as investors ran to the precious metal for safety amid collapsing stock markets.
Low fixed operating costs and rising silver prices lifted the second-quarter results of Canada's Silver Wheaton. CEO Randy Smallwood suggests that within three or four years, depending on confidence or the lack thereof in the U.S. dollar, silver could reach $100 per ounce.
Shares of major gold mining companies notched fresh gains in midday trading Monday as the price of the precious metal topped $1,700 per ounce.
A first-ever debt downgrade of U.S. government bonds plus worries over contagion in Europe drive investors to the safety of gold.
Global investors flock to precious metal as safe haven.
Jefferies & Co. upgraded its rating on shares of Logica Plc (London: LOG) to "hold" from "underperform", while lowering its price target to 90 pence from 105 pence.
Are you looking to buy a tablet computer not called iPad 2?
Hewlett Packard has decided to significantly cut its TouchPad tablet that launched just a month ago.