Oman antimony project secures $40m loanA 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. More… |
Gold rally fizzles, more declines eyedGold 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 More… |
Gold falls 1pc as Fed tapering weighsGold 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 More… |
Gold risks falling out of bed as $1,525 loomsGold's slide this week to a six-month low has brought it in sight of $1,525 an ounce, a critical support price which, once breached, could fatally reverse its 12-year rise. The metal has bou More… |
Gold near four-month lowGold 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 More… |
Gold falls below key $1,700 levelGold dropped about 1 percent on Thursday after the Federal Reserve linked its monetary policy to unemployment, raising concerns that future economic stimulus could be limited. Gold benefits from More… |
Gold at 6-month high as Fed fans inflation riskGold 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 More… |
Gold hits record near $1,500 after US outlookGold 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 More… |
Gold steady on physical buying; decline seenSpot 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 More… |
Gold swept higher by safe-haven demandGold 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 More… |