WGC Discusses First Quarter Gold Trends
Mineweb reported an interview with World Gold Council Managing Director Marcus Grubb on gold trends during Q1 2012.
Mineweb reported an interview with World Gold Council Managing Director Marcus Grubb on gold trends during Q1 2012.
Gold posted gains for the quarter, but has not maintained its momentum. Changing conditions and sentiment suggest the metal may struggle to recover in the near term.
Kaminak Gold Corporation (CVE:KAM) announces additional significant drill discoveries on the Company's 100% owned Coffee property, Yukon Territory.
Overview Established in 1982 and managed by a team with over 250 years’ combined industry experience, Coral Gold Resources is exploring more than 10,000 acres of strategically-located mineral claims on Nevada’s Battle Mountain-Cortez gold trend. The company’s key investment features include: An inferred gold resource exceeding 2.3 million ounces (based on US$600/ounce gold). The Robertson [...]
BullionVault.com reports Gary Dorsch of Global Money Trends writes six central banks that oversee 40% of the world’s economy decided to slow their fast growing economies this summer in order to keep commodity prices in check. Their rapid fire tightening moves over the past two months contributed to the crash in the Gold Market since July 15th. India, the biggest consumer of [...]
Financial Post reports that gold’s seasonal trends rallies with positive swing in speculative investor demand. Scotia has increased its 10-year average gold price by 13.6% to US$844 an ounce from US$742, with its long term forecast climbing 12.5% to US$675 from US$600. It has also boosted its 10-year average silver price by 11.6% to US$15.36 [...]
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