Central Banks Continue to Buy Gold
Even as spot market gold prices have traded at historical highs over the past few months, central banks are increasing positions and demonstrating support for the precious metal.
Articles Tagged "precious metal"
Illegal Mining Rises in Amazon Rainforest as Gold Prices Reach Records
With gold prices hitting a record as a crisis drives investors into commodities, illegal mining has risen in the rainforests of South America.
Hedge Fund Manager Confirms Bullish Gold Investment Thesis
Traditionally, money managers occupied in more generalized investment mandates often ignore precious metals and dismiss gold. Finding a gold fund that invests in gold is relatively easy, but finding a prominent hedge fund that is heavily predisposed to investing in gold is indeed a more rarified jewel.
OCM Gold Investor Fund
With just over $200 million of assets under management, the size of this fund is relatively nimble, providing greater flexibility for exposure to smaller exploratory positions which can enhance the upside potential in addition to the risk volatility.
Dia Bras Reports Drilling Results From La Cascada Gold Target at Bolivar Property
Dia Bras Exploration Inc. (CVE:DIB) reports that drilling continues at its La Cascada target, which is a high-sulphidation gold system at its wholly owned Bolivar Property in southwestern Chihuahua State, Mexico.
Gold Advances for a Third Day
Bloomberg reports that Gold rose the most in a month after the dollar’s retreat boosted demand for the precious metal as an alternative investment.
Gold Futures Rebound
Bloomberg reports that Gold futures rebounded after investors snapped up the precious metal as an alternative to currencies.
Gold retreats but euro zone debt woes underpin
Reuters reports that Gold eased back toward $1,380 an ounce on Wednesday.
Otis Acquires 100% of Kilgore Gold Project
Otis Gold Corp. (CVE:OOO) announces that it has executed an agreement to purchase a 100% interest in the Kilgore Gold Project and related assets from Bayswater Uranium Corporation.
Gold Futures Rebound
Bloomberg reports that Gold rebounded from the lowest price in two weeks.
