By Kishori Krishnan Exclusive To Gold Investing News U.S gold futures slipped early Thursday as some investors unwound their safe-haven play when the dollar strengthened and equity markets firmed, following positive earnings news and improved economic prospects. Gold for June delivery GCM9 lost $6.50 to $879.40 an ounce on the COMEX division of the New [...]
Global economic crisis is making hard on gold sales and bullion markets in the United Arab Emirates and Saudi Arabia. Rising unemployment, crash in realty prices and plunging stock markets have taken the sheen out of the gold market in all the major cities across UAE and the Saudi Kingdom. For full story, click here
Gold prices dropped further on the bullion market here on Monday on persistent offerings by stockists following a weak trend in the global market. For full story, click here
Gold futures for February delivery dropped $9.20, or 1.1 percent, to $811.30 an ounce on the Comex division of the New York Mercantile Exchange. for full story, click here
Kinross Gold Corp declined 4.6 % to C$14.26. The company’s shares fell, following bullion’s slump, even after posting a profit in the Q3 that beat analysts’ estimates.. For full story, click here
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