Gold prices news & latest pictures from ibtimes.com

Gold is a highly sought-after precious metal for coinage, jewelry, and other arts since the beginning of recorded history. 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.

The US stock market got a boost from news that US is delaying enforcement of a ban on Chinese telecoms giant Huawei and improved prospects for US-China trade talks

Stocks Gain On Hong Kong, Brexit Developments

Hong Kong's leader's decision to withdraw an extradition law and the British Parliament's decision to block a hard exit from the EU sent stocks higher.

Silver's Summer Rally To Gain 'Legs' From Fed's QE3 Initiative

The Federal Reserve's third round of quantitative easing, or QE3, will benefit silver and gold prices by weakening the dollar and increasing risk appetite among investors, according to a report by UBS. But silver will gain the most.

Gold Prices Shoot Higher On Fed Decision To Take On More Debt

Fed decision to buy tens of billions more in bonds lifts the price of gold to a six-month high.

Asian Shares Rise After ECB Move, Awaiting US Payroll Data

Asian shares rose and the euro steadied Friday after the European Central Bank outlined its bond-buying scheme to help calm the euro zone's debt crisis, while firm U.S. data fed speculation of a strong jobs report later in the day.

Gold Tops $1,700 on Draghi Comments, Holds Despite Good Jobs Data

Gold futures blew past the $1700-per-ounce mark early Thursday morning ahead of a widely-anticipated appearance by European Central Bank president Mario Draghi where the central bank head was expected to announce further monetary accommodation in the eurozone.

Gold Eases With Stocks, Euro As Risk Appetite Wanes

Gold Demand Plunges In Top Global Markets: Will Emerging Markets Take Up Slack?

Gold prices continued to decline this week, dragging even lower due to unusually weak demand from China and India - the two largest gold consumers - that has extended for several months.

Gold jewelry is displayed in a shop in Kathmandu

Gold Bull Run Set For 12th Consecutive Year; Paulson, Soros Step Up Gold Bet

Gold prices are set for a 12th consecutive year of gains despite posting the largest quarterly drop since 2008 in the second quarter, a view likely shared by the World Gold Council, and billionaire investors George Soros and John Paulson.

China To Overtake India As World's Biggest Gold Consumer

There comes a time in the life cycle of most commodities when China, home to 1.3 billion people and counting, takes over as the world's biggest consumer. For gold, that moment is drawing near.

Gold Prices Fall More Than 1 Percent As Fed Disappoints

Euro Zone Breakup Expected To Jack Up Gold Prices: Report

The exit of one or more countries from the euro zone could drive gold prices significantly higher by the end of this year, according to a Friday Capital Economics report.

Why Is Gold Safe To Invest In Despite Market Pressures?

Gold continues to fare better than other asset classes in spite of a downward pressure on prices.

Gold Prices Ease On Caution Ahead Of Fed Statement

Gold Price Forecasts Are Getting Trimmed

Gold experts have further cut back price forecasts for the metal this year after a sluggish first half, a quarterly Reuters poll showed on Monday, while gains in the dollar and a dearth of physical demand are likely to clip any attempted return to last September's record high for the rest of the year.

Rupee Touches One-Week Low Against Dollar, Indian Markets Trade In Red

The Indian rupee Monday breached the 56-mark to reach 56.03 against the dollar on weak global cues and heavy demand for the U.S. currency from banks and importers.

Gold Always Glitters In India: Will Curbing Imports Save The Economy?

An inch of time is an inch of gold, but you can't buy that inch of time with an inch of gold. Does this Chinese proverb ring true in the case of Indians who invest in gold for a 'good time' tomorrow? Or is the craze for the yellow metal ruining the country's economy?

Gold prices dive in fallout of FOMC decision

The price of gold was losing value on Thursday in as the U.S. dollar strengthened

Gold prices hover near $1,600 per troy ounce

The price of gold was flirting with the milestone value of $1,600 per troy ounce on Monday, but concerns about the euro debt crisis tempered the yellowish metal's advance, published reports state.

Gold Prices Fall, Ending Six-Day Rally

The price of gold on the New York Mercantile Exchange fell by more than 2 percent on Thursday, ending six days of consecutive price increases so far this month.

Does Friday?s Panicked Gold Rush Indicate A Gilded Rebound?

Stocks have wiped out their year-to-date gains. US payrolls are down while unemployment is up. Yields on high-demand government bonds are at record lows. Speculation abounds the US Fed might even print more money. Is it any wonder some are talking about gold?s rebound?

Commuters pass by Nasdaq headquarters in New York.

Shockingly Weak Job Creation In May Hammers Stocks

A shockingly weak jobs report hammered U.S. equities Friday, as major stock indexes headed for their worst loss of the year and erased all of their 2012 gains.

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Shares of Gold Miners Shoot Higher as Metal Regains Safe-Haven Status

Shares of big gold mining companies rocketed higher Friday as the yellow metal regained its status as a safe-haven amid growing fear that the American economy may not be able to offset the combined drag of the euro zone crisis and sharply decelerating growth in China and India.