Gold was little changed on Tuesday, trading above $950, after surging to its highest level since mid-June the previous day when a dip in the dollar prompted investors to seek higher risk. For full story, click here
South Africa’s Harmony Gold Mining Co. declared that at least 36 illegal miners had died in an underground fire at one of its disused mines at the weekend, adding it was too dangerous to search for others. For full story, click here
Gold prices showed signs of volatility after its peak of $ 1,000 per ounce level but the gold related stocks on BSE and NSE seems to have benefited on the confidence of investors in the commodity than the stocks. For full story, click here
The SPDR Gold Shares exchange traded fund (ETF), which holds gold bullion on behalf of investors, rather than mining the stuff, is close to trading at all time record levels. For full story, click here
Tuesday, July 28, 2009