Gold Falls after CME Raises Margins
Gold prices hit a record of $1,814.95 an ounce on Thursday but slipped as investors liquidated their long positions on the back of the CME Group’s announcement that it was raising margins on COMEX gold futures.
Articles Tagged "gold value"
The Life Cycle of a Gold Mine: Regional Exploration
Once an exploration company has been awarded the proper permits for a parcel of land they are interested in prospecting, the work begins. After “staking the claim” the next phase is the life cycle of a mine is the exploration phase, which is also the longest and riskiest phase.
Gold Fall as Investors Sell to Raise Cash
Bloomberg reports that Gold dropped for the second straight day.
Gold Hits Record on Safe Haven Appeal
Gold had a record-setting month in July, with prices scaling new peaks on multiple occasions due to the metal’s seemingly insatiable safe haven appeal.
Gold Prices Impacted by Inflation and Deflation
Looking forward into the next few decades, the relative position of the US is expected to change as the economic power and geographical base shifts towards faster growing emerging economies, particularly in Asia.
Gold Price Easing on Solvency Solution Potential
The gold price demonstrated a subdued sensitivity to mixed news flow affirming positive quarterly earnings reports and U.S. stock advancements coupled with some hope for resolving or delaying U.S. solvency issues.
Is Gold’s Momentum Unstoppable?
Gold prices have rallied to record highs, supported by their “safe haven” appeal for investors seeking shelter from economic uncertainty and a means to guard against inflation.
Austerity Measures in Greece Impact Gold Price
With the parliament of Greece passing the first of two austerity measures, gold prices have been rising with growing investor appetite for risk. Analysts expect the vote to be in favour of the final austerity bill, which might gesture a bullish impact based on a weaker dollar.
Caldera Resources – Advancing the Marjan Gold and Silver Project in the Republic of Armenia
Caldera Resources Inc. (CVE:CDR) an exploration company focused on acquiring and developing precious metal deposits in South-Eastern Europe. The Company's keystone property, the Marjan Gold and Silver Project, is a high-grade gold and silver epithermal vein system with three distinct zones located in the Republic of Armenia.
Oro Mining Provides Sonic Drilling Update
Oro Mining Ltd. (CVE:OGR) updates on the recenty planned 5,000 metre sonic drill program conducted on the company's Trinidad property in Sinaloa, Mexico.
