Mining companies had been struggling as gold prices eased, but in recent weeks gold has continued its advance back toward $1,000 an ounce, driving mining company stocks up as company officials and metals strategists forecast more price strength. For full story, click here
Besides profit taking, weaker oil prices put pressure on gold, but dealers said investors were happy to buy on dips. Gold has bounced more than 20 percent since falling to a 13-month low around $680 in October, but it was still below a lifetime high of $1,030.80 struck in March. For full story, click here
Gold slipped after prices rose to their highest in two months in the previous session, but a weaker US dollar could still offer support following the Federal Reserve’s massive rate cut. For full story, click here
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