Reliance Spot Starts Trade in 100 gm, 1 Kg Gold Bar Contracts
Reuters reported that Reliance Spot Exchange is targeting smaller jewellers by trading 100 gram and 1 kilogram gold contracts.
Articles Tagged "spot gold markets"
Serengeti Announces Strategic Share Block Purchase by Raven Hill Partners
Serengeti Resources Inc. (CVE:SIR) reports Strategic share block purchase by Raven Hill Partners.
Gold falls 3 pct as dollar firms
Reuters(London) reports the US dollar firmed up against Euro while gold fell about 3 percent. Spot gold <XAU=> was quoted at $786.15/788.65 an ounce at 1304 GMT, down from $804.50 late in New York on Thursday, when it slipped 5 percent. Earlier it touched a low of $777.80. Matthew Turner, at commodity analysts VM Group says: [...]
Brigadier Gold extends gold zone
Brigadier Gold Limited reports its extention of the gold zone in the M-Island Zone, Larder Lake project, Ontario. The extension to the gold zone, which was first identified in holes MI-08-05 and hole MI-08-06 (see news release dated August 13, 2008), was intersected in Holes MI-08-08 and MI-08-09. Hole MI-08-09 returned grades up to 35.93 g/t gold over [...]
Gold futures tumble 5% as investors seek cash
MarketWatch reports gold prices falls for the first time below $800 per ounce as investors look for cash. Also pushing gold prices lower were news reports that central banks were selling gold. The latest weekly data from the European Central Bank showed 7.6 tons of gold was sold during the week ended Oct. 10, according to Bloomberg, [...]
Rush to safer assets boosts gold nearly 4 pct
Reuters reports investors in London are rushing for safe-haven assets which boost gold almost 4% on Wednesday. Gold prices extended gains to nearly 4 percent on Wednesday as investors sought safer assets despite central banks across the globe cutting interest rates to calm volatile equity markets. For complete story, click this link. Follow developments in [...]
