Articles Tagged "assets"

India July ETF Assets surged 2.5%

Assets in India’s gold exchange-traded funds in July surged 2.5% to $181 million from 8.44 billion rupees in June, data from the Association of Mutual Funds in India showed Monday. For full story, click here

Century Mining received underwriting commitment for $65 mln

Century Mining Corporation declared that the company has now received a conditional underwriting commitment for US$65 million. The commitment is subject to the finalization of customary documentation and the transfer of all assets and liabilities associated with the Lamaque Mine into a new wholly-owned subsidiary of the Company. For full story, click here

Gold Price Soars, Then Slides

By Kishori Krishnan Exclusive to Gold Investing News Gold jumped to its highest in Asia in almost four weeks on Monday as fears of a global flu pandemic prompted investors to seek safer assets. By Tuesday however, gold slipped below $900 for the first time since Thursday. It jumped to its highest since early April [...]

Gold Price Swings After G20 Meet

By Kishori Krishnan Exclusive To Gold Investing News Gold which lost nearly 4 per cent in last two trading sessions, seems to be moving towards a key support level of $875 an ounce which is the 100 DMA (Day Moving Average). Gold price closed at $893 on Friday, losing nearly $35 since Wednesday after the [...]

Gold Futures to consolidate

Gold futures, ended lower, as risk aversion dipped on the back of the G-20 leaders summit. Moreover, a less-grim-than-feared March jobs report sustained optimism over a global economic recovery, which has curbed demand for safe assets. For full story, click here

G20 And The Search For New Gold

By Kishori Krishnan Exclusive To Gold Investing News Though 2009 is slated to be another challenging year for gold, most gold producing companies are securely placed to benefit from gold’s continued strength. Take the case of Randgold Resources Ltd, (NASDAQ:GOLD, LON:RRS) the owner of gold mines in West Africa, which has announced upgrades. The company [...]

Increase Risk Appetite For Gold

By Kishori Krishnan Exclusive to Gold Investing News Feeling risky? Buy gold. It’s all about the risk factor these days, as investors square their positions following a massive rally on the stock market. Ever since stocks soared on Monday, driving the Dow Jones industrials up nearly 500 points, after the government announced details of a [...]