By Kishori Krishnan Exclusive To Gold Investing News Money flows are being watched. Gold hit $955 an ounce on Tuesday in Tokyo, as Chinese stock markets showed signs of stability and oil prices gained ground. The precious metal dropped 0.5 per cent the previous day on selling by short-term investors due to caution in the [...]
By Kishori Krishnan Exclusive To Gold Investing News The recent rally in American and Canadian equity markets is soon to give way to a gut-wrenching collapse that will push equities to shocking new lows, with gold prices reacting by rallying to new highs. After having correctly anticipated the timing and extent of the March 9th [...]
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 [...]
After Thursday’s market close, Nova Scotia-based Gammon Gold made a public appearance that it has entered into an agreement to acquire Capital Gold Corporation in an all-share transaction worth $150 million. For full story, click here
The yellow metal was closed with a decline of Rs 70 at Rs 14,005 per 10 gram. This is nearly 2-3 per cent lower to its landed cost. In the afternoon trade dealers were offering prices in wide range of Rs13,700 to Rs 13,900 as at the higher price there was hardly any buyers but [...]
Gold closed sharply higher on Friday, holding most of its overnight rally. December gold closed at $742.50, up $37.50 for the session. Prices touched as high as $753.50. For full story, click here
Gold forms 35 percent of Zimbabwe’s foreign currency earnings. But gold mines are closing in this African country. Reports say many mines in Zimbabwe have halted operations as a result of inadequate capital. For full story, click here
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