Articles Tagged "Price of gold"

Gold Prices Higher on Federal Reserve Chairman’s Remarks

Gold prices started off the week trading higher based on Monday’s news that Federal Reserve Chairman Ben Bernanke believes the United States' economy has to grow more quickly to reduce the unemployment rate. Overall, spot market gold prices have appreciated slightly by about 0.7 percent this week.

Gold Prices Increase on Bank of England Rate Decision

The Bank of England preserving its official Bank Rate paid on reserves at 0.5 percent helped the spot market price of gold to climb to $1747.50 per troy ounce. Gold prices were further supported by the Bank's vote to inject another 50 billion pounds into its financial system along with news of Greek leaders finally negotiating a deal on fiscal reforms.

Ansell Capital Corporation – Gold and Silver Exploration in Canada

Ansell Capital Corporation (TSXV: ACP) is a publicly traded mining exploration company focused on exploring and developing Canadian gold and silver properties.