Russia Reviwed Gold Mining In the Gulags
Every winter, an ice road is laid across 400 km of tundra to carry supplies to one of the world’s most isolated gold mines. For full story, click here
Articles Tagged "world"
Gold will touch $2000 an ounce by 2010
There is frenetic activity in investment circles over gold, the hottest commodity across the world. During the 1970’s economic slump. Gold popped from $31 in 1972 to $850 in early 1980. For full story, click here
SPDR Gold Trust Holdings slipped 0.36 tonnes to 1,120.19 T
The world’s leading gold-backed exchange-traded fund, the SPDR Gold Trust, announced holdings stood at 1,120.19 tonnes as of July 6, down 0.36 tonnes or 0.03 percent from the previous business day. For full story, click here
Gold Fields has brought 2 deaths at South Africa Mine
Gold Fields, the world’s fourth-leading gold producer, declared two workers were killed after a tunnel in an underground shaft caved in, trapping five miners. For full story, click here
Gold Sector Punches Higher
By Kishori Krishnan Exclusive To Gold Investing News TSX, the main Canadian stock index closed at its highest level in seven months on Thursday, with energy and mining stocks all moving higher in a TSX trifecta that followed encouraging economic reports from the United States. The S&P/TSX financial group rose 2.6 per cent, the energy [...]
First-quarter demand for gold has surged 38%
New figures from the World Gold Council show demand for the precious metal surging 38% during the first quarter of 2009, compared to a year earlier. For full story, click here
Gold Price Soars, Then Slides
By Kishori Krishnan Exclusive to Gold Investing News Gold jumped to its highest in Asia in almost four weeks on Monday as fears of a global flu pandemic prompted investors to seek safer assets. By Tuesday however, gold slipped below $900 for the first time since Thursday. It jumped to its highest since early April [...]
Gold still remains most secure investment: World Gold Council
With the current economic slump and dwindling returns on investment from other options, gold continues to remain the most secure investment according to the World Gold Council. WGC, Indian subcontinent, Managing Director Ajay Mitra, stated: Gold jewellery has been treasured, sought after and popular since the beginning of Indian history and till date, bears an [...]
Gold Price Swings After G20 Meet
By Kishori Krishnan Exclusive To Gold Investing News Gold which lost nearly 4 per cent in last two trading sessions, seems to be moving towards a key support level of $875 an ounce which is the 100 DMA (Day Moving Average). Gold price closed at $893 on Friday, losing nearly $35 since Wednesday after the [...]
Muscular Greenback Edges Out Gold
By Kishori Krishnan Exclusive To Gold Investing News The United States is firing up the printing presses. This desperate move means the value of the dollar is destined to disintegrate. What this also means is that gold will decline on a muscular US dollar, profit-taking, technical selling and potentially deflationary economic data. The yellow metal [...]
