Gold

From Gold 9:48 pm

Precious Metals Struggle as Inflation Numbers Remain Weak

Your daily recap on precious metals.

From Gold Jun 17

Gold Prices Trade Sideways Near $1,400

GOLD PRICE NEWS – The price of gold fell $4.50 to $1,385 per ounce Monday night in light trading.

From Global Markets Jun 17

Australian Gold Production Down 5% to 63.5 Tonnes in Q1 2013 as Price of Yellow Metal Down to $1,389 an Ounce

The yellow metal once considered a safe haven continues to plummet, not only in price but also in production. Reports from mining consultancy Surbiton Associates said that Australian miners produced 5 per cent less gold in the first quarter of 2013.

From Gold Jun 17

Gold and Silver Edge Lower as ‘Taper’ Speculation Confuses Mr. Market

Your daily recap on precious metals.

From Gold Jun 17

Gold Bubble For Real Says Societe Generale, Calling For $1,200/Oz In Q4

The gold price rally in the late 1970s turned out to be a bubble. Societe Generale thinks this time is not much different.

A woman tries on a gold bracelet at a jewellery showroom in November 4, 2009.

From Gold Jun 17

Trade Deficit at 7-Month High as Gold Imports Surge

India's trade deficit widened to a seven-month high in May as gold imports surged, provisional data showed on Monday, but economists expect newly announced measures to dampen demand for the precious metal in coming months and narrow the shortfall.

From Society Jun 15

Tax Raid Tarnishes India's Gold Industry: Association

A raid by dozens of tax inspectors on RiddiSiddhi Bullions, one of India's biggest gold traders, this week has tarnished the reputation of an industry worth more than $70 billion a year and put at risk its access to funding, a bullion importers' group said.