Search Results
Gold Price Rallies as Macquarie Raises 2010 Gold Forecast to $1,150
The price of gold has settled into a lower range after climbing into the all-time high of $ 1226 per ounce as gold prices and gold mining stocks have been facing the headwind of a stronger U.S. dollar. Correction recently gold prices have fallen $ 115 from the high-December 3 this morning for a low [...]
Gold Prices Increase To in London as China Increase Gold Mine Reserves and Prodution
Gold rose to a three-week high in London, heading for its first weekly gain since March, after a report that China’s reserves of the precious metal increased 76 percent since 2003.
Mining Market and Trade Review; Gold Prices May Down Below $800
In the last few months, gold prices have been on a winning spree, rising to a record $1,000 per ounce on the back of the bloodbath in stock markets and people’s fascination for gold as the best investment asset.
India Silver Import Falls by 50%, Follow Gold Mine Demand
High prices, dull market conditions and re-cycling of scrap silver materials have led to a big fall in the imports of silver by India, one of the largest importers of the white metal in the world.
Dubai gold options to debut April 30
The Dubai Gold and Commodities Exchange (DGCX) is set to launch gold options on April 30, the exchange’s head said on Thursday.
“We have already set a launch date for the gold options, which is on April 30 and there is no delay,” Colin Griffith, the head of the DGCX, said.
“This will drive more interest in [...]
Oil-rich Abu Dhabi takes lead from high-flying Dubai
Abu Dhabi, which controls more than 90 percent of the vast oil wealth of the United Arab Emirates (UAE), appears to have set its sights on following the example of booming Dubai.
Officials from the largest emirate in the UAE federation used the podium of a two-day economic forum this week to emphasise the emirate’s drive [...]
Gold, platinum plummet as inflation fears ease
Gold tumbled to a three-month low and platinum fell to its lowest level in more than five months on Wednesday as fears of rising inflation eased, traders said.
Weaker oil prices and a firmer dollar prompted many investors to abandon trading positions, they added.
Other precious metals also declined, with palladium falling to its lowest level in [...]
