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UK group in key Shari'ah Standard on Gold milestoneUK-based The Royal Mint has become the first mint (a place where the coins of a country are made) worldwide to achieve compliance with the Shari'ah Standard on Gold for retail sales of its gold and silver bullion coins and bars, enabling it More… |
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Gold price surges to highest level since JuneThe price of gold jumped more than 2 percent on Monday to touch its highest level since June, extending last week's sharp gains, as sliding stock markets and worries over global economic growth prompted investors to seek safety in hard asset More… |
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Gold dips to four-week lowGold hit a four-week low on Monday, extending a sell-off into a fourth straight session as technical signals deteriorated and investors fretted that the Federal Reserve would raise US interest rates this year. The metal failed to More… |
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Gold bounces back above $1,100 from 5-year lowGold bounced back above $1,100 an ounce on Thursday from the previous session's five-year low, as a retreat in the dollar prompted some investors to take advantage of the price drop to buy back into the market. Many remained w More… |
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Gold crawls off five-year lowGold edged up from a five-year low on Thursday as the dollar weakened, but the modest gains suggest bearish investors are still hovering in the market after an early-week rout led to bullion's deepest loss in nearly two years. More… |
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Gold prices near five-year lowsGold fell on Wednesday for a seventh session in eight, reflecting sustained downward pressure on the metal days after its steepest drop in almost two years, with more losses seen ahead as the demand outlook dims. A looming hike in More… |
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Gold climbs on weaker dollar, oilGold rose on Monday to its highest level in a month because of weakness in the dollar and a further decline in oil prices which sparked safe-haven bids for the precious metal. The dollar dipped after an unexpected fall in US wages More… |
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Gold poised to end 2014 flat near $1,200Gold edged down on higher shares on Wednesday, but was poised to end 2014 steady around $1,200 an ounce as the impact of a stronger dollar was offset by demand from investors worried about tensions in Russia and political uncertainty in Greece. More… |
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Gold could hit $800 warns hedge fundGold prices could tumble towards $800 to $900 an ounce, not seen since the 2008/2009 financial crisis, metals merchant and hedge fund Red Kite warned even as the precious metal extended losses to a second session on Tuesday. The m More… |
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Gold firms plan cuts to stay afloat as bullion sinksStruggling gold producers plan increasingly drastic measures such as scrapping dividends, cutting jobs, halting projects and shutting mines to survive the latest price plunge, but not all of them will make it. Gold tumbled to a mo More… |
