Latest gold and precious metals news
Gold Bullion Extends Long Bars Zone to the East - Two Early Phase 2 Holes Within Block Model Return 123 Metres of 1.07 ...
VANCOUVER , July 30 /PRNewswire-FirstCall/ - Mr. Frank J. Basa reports: Gold Bullion Development Corp. (GBB, TSX.V) (the "Company" or "Gold Bullion") is pleased to report significant progress in the advancement of its 100% owned Granada Gold Property as a potential bulk tonnage, open-pit deposit. Located five kilometers south of Rouyn-Noranda, Quebec , along the prolific Cadillac Trend where ...
Gold inches up before report on U.S. GDP
NEW YORK (MarketWatch) -- Gold futures edged higher Friday ahead of a report expected to show U.S. economic growth cooled in the second quarter. Support also came on thinking the metal's large monthly decline would heighten demand for bullion. The most actively traded gold contract for December delivery was up $1.70 at $1,172.90 an ounce in electronic trade on the New York Mercantile Exchange ...
Gold Futures Rise as Biggest Monthly Drop in 2010 Spurs Investment Demand
Gold rose on speculation that the biggest monthly drop since December will encourage investors to stock up on the precious metal as a haven.
Gold May Climb as Price-Drop Spurs Higher Demand, Survey Discloses
Gold may advance on speculation that recent price declines will spur increased physical and investment demand, a survey found.
Barrick Gold bullish on bullion prices as economic uncertainty drives demand
TORONTO - Barrick Gold Corp. is confident that lingering global economic uncertainty will continue a rush to gold that has pushed both the price
Gold Set for Biggest Monthly Loss This Year as Global Recovery Takes Hold
Gold, which surged to a record in June, is headed for the biggest monthly decline this year as evidence of a global economic recovery saps investors’ demand for the metal as a store of value.
PRECIOUS-Gold ticks lower on dollar; investors eye U.S. Q2 GDP
PRECIOUS-Gold ticks lower on dollar; investors eye U.S. Q2 GDP
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Gold Seeker Closing Report: Gold and Silver Gain Almost 1%
Gold rose $9.15 to $1169.25 in Asia before it fell back off in London to see a $0.70 loss at as low as $1159.40 by about 10AM EST, but it then rallied back higher for most of the rest of trade ended back near its earlier high with a gain of 0.76%. Silver dropped to as low as $17.464 shortly after 8AM EST before it rose to a new session high of $17.68 by late morning in New York and next fell ...
Gold Seeker Closing Report: Gold and Silver End Mixed
Gold rose as much as $7.08 to $1165.93 in late Asian trade before it fell in London to as low as $1156.85 by about 10AM EST and then bounced back to $1165.15 in late morning New York trade, but it ultimately fell back off into the close and ended with a gain of just 0.11%. Silver rose to $17.73 in Asia and fell to $17.305 by about 9AM EST before it also bounced back higher in late morning New ...
Melkior Discovers More Gold Mineralized Zones in West Timmins
Discovery of 3 New Mineralized Zones Ranging from 43g/t Gold to 6.66g/t Gold With 1.78% Zinc.
US GOLD - US gold rises as dollar falters
New York, 29 July 2010 - US gold futures rose on Thursday as the dollar faltered a day ahead of second quarter GDP figures for the US.
Go West, Young Man... Waaay West
Another overnight period of tight trading ranges and agonizingly slow business unfolded ahead of Thursday’s New York session opening. Gold was confined to an $1,162.50-$1,170.40 price channel but gyrated mainly around the $1,165 figure.
Platinum Going...Platinum?
Overnight trading saw gold confined to a roughly seven dollar price range as very little in the way of external news filtered into the market to give players motivation for more active participation.
Stillwater Mining Reports Increased Earnings for Second Quarter
BILLINGS, MT--(Marketwire - 07/28/10) - STILLWATER MINING COMPANY (NYSE: SWC - News ) -- Stronger PGM prices result in increased earnings -- Recycling business continues to strengthen -- Ground support issues, diversion of production resources and lower ore grades result in lower mine production at Stillwater Mine in the quarter -- measures are underway to improve Stillwater Mining Company today ...
MINING FINANCE / INVESTMENT
UBS says thermal coal, copper, zinc and gold are the commodities to watch. UBS Investment Research advises investors to accumulate metals and mining stocks, but also to take their time accumulating, "using the inherent volatility of the market to maximize the risk/reward of their investment."
Canadian Markets: Canadian stocks close lower as commodities drop
Canada shares notch losses, weighed by metals and mining stocks, as commodities prices dropped.
Mining plans spark concern
Plans for possible open-cast land mining on the East Cape of the North Island have sparked concern.
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