A joint venture part-owned by Oman's sovereign wealth fund has signed a $40 million loan deal to finance the construction of an antimony roasting facility in the Gulf state, part of its efforts to diversify the oil-dominated economy.
Gold slipped nearly 1 per cent on Monday after a short covering rally in the previous session fuelled by a softer-than-expected US jobs report.
Despite a 3 per cent jump on Friday, gold remained below a key $1,180-an-ounce level t
Gold fell around 1 percent on Thursday as the dollar rose after the US Federal Reserve pushed ahead with reducing its monetary stimulus and investors took profits made the previous session.
The Fed trimmed its monthly bond-buying
Gold slipped on Friday, holding near a four-month low hit in the previous session and on track for its steepest weekly drop since June, as the euro softened and US talks to avoid a fiscal crisis stalled again, turning away inve
Gold rose to a six-month high on Friday, extending a 2-percent rally from the previous session when the Federal Reserve announced a new round of stimulus measure, which could add to the risk of inflation down the line and
Gold prices rallied to record highs near $1,500 an ounce on Monday after rating agency Standard & Poor's cut its outlook for the United States to negative from stable, boosting safe-haven flows into the metal.
S&P cited a "material
Spot gold held steady on Thursday, supported by bargain hunting on the physical market, but optimism spurred by strong US private employment data weighed on sentiment.
Spot gold lost 0.1 percent to $1,375.8 an ounce by&nb
Gold rose on Tuesday to within less than one per cent of record highs after weak German data knocked equities and the euro, prompting a flurry of safe-haven buying, while silver and palladium touched multi-month highs.
Palladium, used main