Lucky Friday mine

Gold, Gold Mining Shares Fall

Gold prices declined Tuesday as investors sold ahead of the expiration of January options contracts in one of the lightest trading weeks of the year.

Gold Demand in India Remains Subdued

Gold demand in India, the world's top buyer, remained subdued on Friday after prices edged higher, tracking a rebound in the world market and as the local currency pared early gains, dealers said.
More news
Gold sculpture in a Chow Tai Fook store

Gold, Silver Surge on Housing Data

Gold prices rose Tuesday with other commodities and global equities on unexpected signs the U.S. housing market is turning around and continued improvement in the Eurozone.
220 kg block of gold

Indian Gold Buying Down as Rupee Weakens

Gold prices in India, the world's top buyer, edged higher on Tuesday on a weak rupee and recovery in the world market, although the upside further discouraged buying, dealers said.
Gold pellets

Gold Rises 1%, Silver up 2% on U.S., German Data

Gold prices rose more than 1 percent and silver popped nearly 2 percent Tuesday on fresh evidence the struggling U.S. housing industry is recovering plus rising German business sentiment that boosted investors' risk appetite.
Gold bars in Oegussa Plant, Austria

Gold Going beneath $1,500 in Next 3 Months - Poll

Gold prices will fall below $1,500 an ounce over the next three months and are unlikely to retest September's all-time highs until later 2012 at the earliest, according to a Reuters poll of 20 hedge fund managers, economists and traders.
12.5 kg gold bar in Indonesia

Gold Bullion Bulls Seek New Trading Range - Analysis

The second-biggest slump in gold prices since the financial crisis has rattled bullion bulls, as implied volatility in the gold options market is subdued, suggesting the bullion is seeking to find a new range.

Gold Plunges to its Lowest Level Since September

Spot gold weakened further on Thursday after dropping 3.5 percent in the previous session, as investors remained nervous about the eurozone debt crisis amid the year-end rush to liquidate positions.
Grasberg mine

Freeport Indonesia, Strikers in 2-Year Wage Pact

Freeport McMoRan Copper & Gold Inc. and its Indonesian union signed a pay deal on Wednesday to end a three-month strike that had paralysed output at the world's second-biggest copper mine, a union official and the company said.
Gold bullion coins known as Krugerrands are pictured in the mint where they are manufactured in Midrand outside Johannesburg

Gold Falls for 3rd Day, Price Drop Since Wed 6%

Gold prices fell for a third consecutive day Wednesday -- extending a weeklong plunge to more than 6 percent -- after the U.S. central bank warned that slowing global growth threatens the nation's weak recovery.
Gold Bars

Gold Prices Fall to Two-Month Low

Gold prices slipped Tuesday, its seventh consecutive daily decline, to a two-month low as the dollar posted big gains in light trading.
100 gram gold bar and 12 kg gold bar

Gold Modestly Higher on Eurozone Treaty Plan

Gold prices eked out a small gain Friday after Eurozone leaders agreed to surrender some of their national fiscal sovereignty to prevent another debt crisis and U.S. economic reports signaled a growing recovery.
Boddington Mine

Gold Edges up After Euro-Summit Appears to Succeed

Gold prices edged higher Friday after Eurozone leaders, in their eighth sovereign debt crisis summit this year, agreed to craft a treaty that will limit the ability of members to run-up unsustainable government debts.
Gold profits from bargain hunters, euro gain

Gold Prices Fall Hard on ECB Restraint

Gold prices fell Thursday as the European Central Bank head tapped down hopes of more government bond buying, hammering the euro and boosting the dollar.


IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.