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Gold

Gold 9/10/2010

10:53 : Currency market witness the drop of low yielding assets - The US dollar depreciated despite investors targeting safety investments, while stocks traded near opening levels as global recovery concerns eased among investors. China’s imports grew more than expected, which reduced concerns that economic recovery ...
Source : fxstreet-com
07:40 : Bangladesh boosts its gold reserves - The purchase of 10 tonnes of bullion, worth about $400m, comes as analysts predict that governments will become net buyers of gold for the first time in two decades
Source : ft-com
03:09 : After record rally, gold climbs down in India - After setting new record, gold prices climbed down in Indian markets on Thursday following a rush to sell scrap gold jewellery. Trading sentiment dampened as some retail customers preferred to sell old scrap gold jewellery ...
Source : ibtimes-com
03:08 : Newcrest implements shares scale backs to cope with overwhelming demand - Gold mining giant Newcrest Mining Ltd (ASX: NCM) announced on Friday that Lihir Gold Ltdâ??s investors would find their share consideration being scaled back as an overwhelming demand of shares ensued following the blockbuster ...
Source : ibtimes-com
02:38 : A strong export component in US July trade data - Asian Market Update: Weak China exports and concerns over more tightening weigh on Shanghai and Hong Kong As of 12:00amET: - Nikkei225 +1.4% - S&P/ASX -0.3% - Kospi +1.0% - Taiex +0.5% - Shanghai Composite -0.6% - Sept S&P Futures -0.1% at ...
Source : fxstreet-com

Gold 9/9/2010

18:07 : Supatcha Resources, Inc. (SAEI.OB) Begins Drilling Program at Vynohradiv ... - Supatcha Resources, www.supatcharesources.com â?? the gold exploration/production firm targeting development primarily in the Russian Ukraine, reported today that the diamond drilling segment of ongoing exploration at the recently ...
Source : ibtimes-com
15:41 : Solar Stocks Brightening (TSL, CTDC, STRI, STP, YGE, LDK, SOLF, JASO, ... - Gold's "Failed Break" of $1265 Draws Only "Light" Selling, Scrap Flows Slow THE PRICE OF GOLD and silver bullion ticked back early Thursday from yesterday's near-record and 30-month highs to the Dollar, as world stock markets rose and government ...
Source : 247wallst-com
15:39 : Gold, Silver and Platinum Report - If you were asked to quickly name the world's second largest sovereign wealth fund, would...Norway be in the running, in your mind? Now, if you were asked to guess what it is that this, near half-trillion dollar-sized fund just loaded up on, would...Greek ...
Source : ibtimes-com
15:34 : Gold ends with modest loss, off day's lows - SAN FRANCICSCO (MarketWatch) -- Gold futures ended lower Thursday as an early improvement in sentiment about the global recovery, stoked by better jobless claims data, pulled investors away from assets bought as hedges against ...
Source : marketwatch-com
11:56 : Canadian stocks choppy as materials stocks slump - SAN FRANCISCO (MarketWatch) -- Canadian stocks weaved in and out of negative territory on Thursday as selling in materials and consumer staples shares erased strong support from tech and energy sectors. The S&P/TSX Composite Index slipped ...
Source : marketwatch-com
04:17 : Gold slightly up in volatile Asian trade - Gold remained highly volatile in Asian trade Thursday amid strong stocks while reports of drops in Chinese commodity futures fails to influence the prices. Spot gold was seen trading at $1,256.71 an ounce by afternoon Singapore ...
Source : ibtimes-com
03:15 : Bank of Korea unexpectedly on hold - Asian Market Update: Fleeting Australia mining tax uncertainty bolsters August jobs report, lifts AUD to 4-month high; Bank of Korea unexpectedly on hold As of 1:00amET: - Nikkei225 +0.8% - S&P/ASX +0.8% - Kospi flat ...
Source : fxstreet-com
02:27 : Crude Rebounds in Concert with Stocks. Gold Slips as European Concerns ... - The market appeared to have priced in negative news from the US for now as Wall Street surprisingly strengthened although the Fed's Beige Book said there were ‘widespread signs of deceleration' from mid-July to end-August. Market sentiment ...
Source : fxstreet-com
00:58 : Gold Chart Pattern Indicates Impending Break - December Gold futures declined from their high late Wednesday to finish lower for the day. Good news from Portugal helped alleviate European bank concerns and stronger demand for equities helped draw money out of hard assets, ...
Source : fxstreet-com

Gold 9/8/2010

16:54 : Gold Settles $1.80 lower ($1257.50) - Today's gold session traded a fairly quiet $10.10 range. Today as expected the Bank of Canada raised their key Interest rates a quarter point to 1.00%. Despite higher energy prices and a weak U.S Dollar The ...
Source : ibtimes-com
16:36 : Spot Gold Prices in Lackluster Territory - Spot gold prices are trading sideways as risk appetite grew following a successful Portugal bond auction that alleviated European sovereign debt concerns.
Source : thestreet-com
14:46 : AngloGold Ashanti to expand gold and uranium mines in South Africa - AngloGold Ashanti is planning to expand some of its uranium and gold mines in South Africa to increase production, the Business Day newspaper said. The company AngloGold Ashanti is the third-largest gold miner ...
Source : ibtimes-com
14:46 : Global demand for gold to remain strong throughout the year - The worldwide demand for gold is expected to remain strong throughout the year on account of economic uncertainties, and a strong push from China to get its citizens to buy more of the precious metal, the World Gold ...
Source : ibtimes-com
10:04 : Questions of Rhetoric. And, Lotsa Money - Good Morning, The successful bond auction conducted by Portugal this morning helped engender a mild (but transitory) gain in risk appetite which was reflected in a small decline in the US dollar and a firming in US equity futures. Gold ...
Source : ibtimes-com
01:39 : Gold Near Record High amid European Banking Concerns - Investors took profits after the post-payrolls rally last week. Renewed worries about the stability of the European banking system shook confidence and triggered selloffs in stocks, currencies and commodities with gold as an exception. WTI ...
Source : fxstreet-com

Gold 9/7/2010

16:15 : Eldorado withdraws bid for Andean Resources - TORONTO (Reuters) - Eldorado Gold Corp said on Tuesday it would abandon its proposal to acquire Argentina-focused Andean Resources in light of Goldcorp's higher offer worth C$3.6 billion ($3.43 billion).
Source : reuters-com
16:05 : Canada's Eldorado Gold pulls Andean bid - Canada's Eldorado Gold Corp. said Tuesday it has withdrawn its bid to buy Andean Resources Ltd. after being trumped by a rival offer from Goldcorp Inc. Eldorado Chief Executive Officer Paul Wright said Tuesday that ...
Source : sfgate-com
16:04 : Eldorado Gold withdraws bid for Andean Resources - SAN FRANCISCO (MarketWatch) -- Eldorado Gold Corp. said Tuesday it that has decided not to proceed with its bid to buy Andean Resources Ltd. . "The gold industry, as a whole, has an appalling track record of value destruction ...
Source : marketwatch-com
07:24 : Bullion pips equity in India - More and more Indians are now getting lured by the glitter of bullion as the precious metals ensured better returns for investors in 2010 than the stock markets. According to reports, with global economy giving mixed recovery signals, investors have ...
Source : ibtimes-com
05:00 : Brookemont Capital Inc.: To Acquire a 63.4 Square Kilometre Gold Prospect ... - VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 7, 2010) - Brookemont Capital Inc. (TSX VENTURE:BKT) ("Brookemont" or the "Company") wishes to announce that it has entered into an option agreement with an arm's length vendor to acquire a 63.4 square ...
Source : marketwire-com
04:56 : Thai gold futures trade dips 10% on strong currency - Strong Thailand currency, the baht pressurised gold prices in the southeast Asian nation and trimmed its gold futures trade by 10 percent. According to Thailand's leading gold brokerage firm, YLG Bullion ...
Source : ibtimes-com
03:22 : Focus on Australia as Labor PM Gillard retains govt in 76-74 final split - Asian Market Update: Focus on Australia as Labor PM Gillard retains govt in 76-74 final split; RBA on hold, more cautious on 2011 growth in US and EU As of 2:00amET: - Nikkei225 -0.8% - S&P/ASX flat - Kospi -0.2% - Taiex -0.1% - Shanghai ...
Source : fxstreet-com
00:04 : Andean CEO: Goldcorp still top bid on table - SYDNEY (Reuters) - Goldcorp's C$3.6 billion ($3.5 billion) takeover offer for Andean Resources remains the top offer for the emerging Argentina-focused gold producer, though the sector was becoming more confident in pursuing acquisitions, ...
Source : reuters-com

Gold 9/6/2010

23:12 : Andean defends action on takeover bid, says non-disclosure was due to ... - Gold mining firm Andean Resources Ltd (ASX: AND) flatly denied on Tuesday that it intentionally violated the listing and merging rules when it did not inform the stock exchange about the takeover bid it received from Eldorado Gold ...
Source : ibtimes-com
13:12 : CWG to boost jewellery sales by 15-20% - The 19th Commonwealth Games (CWG), being held for the first time in India and only the second in the Asian region, is all set to experience the glitters of the jewellery markets of the world's largest gold importer country. .
Source : ibtimes-com
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