Gold Trades Flat; Detour Gold Secures $135-million Cushion
Detour Gold, a mid-tier company sitting on what could be the largest gold mine in Canada, received an injection of cash this week.
Articles Tagged "USA"
MARKET UPDATE: Gold Tanks on Possible End to QE
Gold was hammered in the markets today, losing over $40, after the US Federal Reserve indicated that changes to its quantitative easing program are contemplated for March.
Gold Slips Back After Fiscal Cliff Euphoria
The fiscal cliff may have been averted, causing gold to spike, but it's not all good news for the precious metal, which lost ground on Thursday.
Gold Slide Continues as US Economy Improves
The approaching fiscal cliff and promising jobs data out of the United States conspired to pull down gold this week. A report from PwC, however, is bullish on the precious metal in 2013.
Gold Investors Ride Bullion Rollercoaster
The re-election of Barack Obama to the Unites States presidency is proving bullish for gold as bullion investors bet on continued loose monetary policy and more troubles ahead as the United States approaches the "fiscal cliff."
Gold Rebounds in New York Amid Signs U.S. Economic Recovery Is Faltering
Bloomberg reported that gold is rallying on signals that the US economy will continue to struggle.
Gold Prices Rally as Data Disappoints
The Street reported that expectations of weaker US job growth caused gold prices to rally today.
Advisers Warn of Crash, But Still Buying Gold
Reuters reported that gold prices continue to increase over economic concerns in the US and Europe.
Newmont Profit Beats Estimates After Gold Climbs to Record
Bloomberg reported that profits for Newmont (NYSE:NEM) were higher than expected on the recent surge in gold prices.
Gold Is Still Cheap Despite Record Surge: Marc Faber
CNBC News reported on opinions that gold is still a comparatively cheap investment.
