Reuters Africa reported that Centerra Gold (TSE:CG) is enjoying higher profits due to rising gold prices.
Articles Tagged "asia"
With investors looking for a hedge against a high-inflation environment, gold is currently a hot commodity, and there is more than one way to invest in it. Gold exchange-traded-funds are one option for someone who is interested in trading in gold, but does not want to think about issues like storage or collector’s value.
ETF Securities announced that it has launched another First-to-Market ETF product. ETFS Physical Asian Gold Shares (AGOL) is the first US precious metals product to be vaulted in Asia.
Reuters reports that Gold rebounded on Monday after an early drop spurred buying from jewellers in Asia.
Reuters reports that on Monday, Gold ticked higher as the euro gained after Ireland's rescue deal.
Demand for gold is widely spread around the world. And people are purchasing gold like never before following the recession. East Asia, the Indian sub-continent and the Middle East account for almost 70% of world demand. For full story, click here
Gold advanced from a two-month low in Asia as commodities rebounded and the dollar slipped against the euro, boosting demand for the metal as a hedge against surging consumer prices. For full story, click here
East Asia Minerals Corporation declared that ongoing exploration of the recently discovered South Miwah Bluff Gold Zone has exposed additional high-grade gold, and continues to expand the Company’s flagship Miwah Gold Project in Aceh Province, Northern Sumatra. For full story, click here
Bargain hunters resurfaced in India as gold slipped on Monday, but jewellers in other parts of Asia hoped for more price correction after bullion failed to sustain recent gains. For full story, click here
Gold and silver both saw slight losses in Asia on Wednesday and then decent gains in London before they exploded higher early in New York trade to reach as high as $941.30 and $14.10 per ounce respectively. For full story, click here