WGC Discusses First Quarter Gold Trends
Mineweb reported an interview with World Gold Council Managing Director Marcus Grubb on gold trends during Q1 2012.
Gold Market News Directory
Gold Prices Gain on Euro Recovery
Reuters reported that gold rose 1 percent following a gain in the euro.
Gold Fields Profit Drops as It Cuts Output Targets
Bloomberg reported that Gold Fields (NYSE:GFI) lowered its production targets for 2012 due to technical difficulties.
Turkey Exports More Gold to Iran
Reuters reported that gold sales to Iran from Turkey increased to nine tons in March.
WGC Sees China Becoming World’s Largest Gold Market
Bloomberg reported that increasing incomes in China may help it become the world's biggest consumer of gold.
South Africa Gold Stocks Drop
Bloomberg reported that mining stocks in South Africa fell as gold entered a bear market.
Greek Debt Woes Push Gold Into Bear Market
Bloomberg reported that gold is entering a bear market over worries about Greek's economic problems.
Tanzania Increases 2011 Gold Output by 13%
Reuters reported that Tanzania produced 40.4 tons of gold in 2011.
Great Basin Reaches Production Target for Burnstone Mine
Mining Weekly reported that Great Basin Gold (TSX:GBG) missed output targets at its Nevada mine but hit them at Burnstone.
India Gold ETFs Increase
Mineweb reported that an increase in India gold ETFs may signal a shift in buying patterns.
