Tag Archive | "abx"

Barrick’s profit boosted by strong gold price

Thursday, October 28, 2010

Reuters reports that Barrick Gold (TSE:ABX, NYSE:ABX) announced a 75 percent increase in operating profit.

Gold Price Approaches Key $1,000 Level

Monday, June 8, 2009

By Kishori Krishnan Exclusive To Gold Investing News Gold prices inched up on Monday in Tokyo, as the dollar weakened, prompting investors to buy back gold after it lost 2 per cent late last week, when optimism about the economy reduced bullion’s safe-haven appeal. Gold stocks have had their heads lopped off, many with 70 [...]

Gold Price Holding Its Ground

Sunday, May 10, 2009

By Kishori Krishnan Exclusive To Gold Investing News Gold, despite losing some of its appeal as a safe-haven asset amid sentiment the worst of the financial crisis may be over, is holding its ground on expectations of long-term inflation once the economy reheats. But how long will it last, is the moot question. Analysts aver [...]

Crude tumbles, gold slips, demand surges

Monday, November 17, 2008

By Kishori Krishnan – Exclusive to Gold Investing News With the price of oil falling more than 60 per cent from a peak in July, Iran has converted its financial reserves into gold to avoid future problems. Iran, the world’s fourth-largest oil producer, is facing declining revenue from its oil exports after crude prices tumbled. [...]

Heart Attack Special

Wednesday, July 16, 2008

By Dave Brown – Exclusive to GoldInvestingNews.com What happens when the perfect hedge against inflation, becomes related in a peculiar manner to escalating food prices? After another 2 successive days of volatility and weakness in the equity markets, Wall Street Bankers considering tightening their purse strings and their belts may ponder this very conundrum, prior [...]

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