Latest news for

Metalbug introduces gold and precious metal iPhone application

(14/10/2009)

Metalbug provides real-time spot prices directly from Kitco for gold, silver, platinum, palladium and rhodium. Features unique to Metalbug include purity (Karat or %) and weight (unit) options to quickly determine the current market value of precious metal assets. Metalbug gives users the ability to stay on top of the precious metals marketplace whenever and wherever they are. Metalbug functions as a full-featured tool for anyone looking to bu... [more]

Buy gold like a professional dealer and claim a complimentary gram of free gold

(05/10/2009)

What's the best way to go about buying gold? Type "Buy Gold" into Google, and you'll be met with a huge range of choices. Most carry their own advantages and drawbacks, depending on your aims and concerns. Here are the four options now open to private investors wanting to buy gold today: 1. Buy Gold for Physical Possession Buying gold to hold in your hand remains the ultimate in tangible wealth. But the big problem with storing go... [more]

Gold is the ultimate insurance against economic and financial difficulties

(09/12/2008)

The words credit crunch send shivers racing down the spines of the majority of the developed world. Whether rich or poor, the fact of the matter is that we are all affected, and entering into financial investments at this tumultuous time can be risky business. But while most investors reel in anger as their bricks and mortar dwindle into negative equity and their stocks lose value quicker than an ice sculpture in Thailand, those who have turne... [more]

Nymex records highest daily gold trading volume

(30/11/2007)

A daily volume record was set on November 28th for gold trading at the New York Mercantile Exchange (Nymex) has announced that The stock exchange for gold said that record volumes of trade were registered for overall gold futures its gold contract on the CME Globex electronic trading platform and total metals futures for Comex, reflecting the resurgence of gold right to the top of the market agenda. A key figure was attained for total met... [more]

Look beyond the US Dollar to see what's really happening in the Gold Market

(29/11/2007)

It has become a knee-jerk reaction for investors to look at the Gold Price in terms of the US Dollar alone, and for commentators to only follow its moves in that currency. There is good reason for this, of course, for the US Dollar is the global reserve currency at present – even if it is beginning to look of dubious value today. Why don’t we measure gold in a strong currency such as the Euro? Although that is an ‘up and coming’ reserve curre... [more]

Maktari closes gold bullion deal worth $11.7 billion

(22/11/2007)

Apart from Saudi Arabia’s oil and gas reserves, there are believed to be sizeable deposits of other minerals within the Royal Kingdom. Mr M L A Maktari the broker appointed for and on behalf of a private investor within Saudi Arabia has just closed and reserved for the next 3 years gold bullion to the value of just under $11.7 billion. Most of these deposits are within Switzerland as holding is restricted within Saudi Arabia. Maktari was refe... [more]

Eastern Platinum Reports Increase in Mining Rate, Development, Production and Revenues

(16/11/2007)

Eastern Platinum Limited has announced the financial results for the year ended June 30, 2007 and an overview of operations during the quarter ended June 30, 2007 (all amounts reported in $USD). Eastplats is a growing platinum group metal (“PGM”) producer engaged in the acquisition, development and mining of PGM properties located in South Africa. All of the Company’s properties are situated on the western and eastern limbs of the Bushveld Com... [more]

BullionVault growth accelerates as credit crunch pushes savers into gold bullion

(14/11/2007)

BullionVault.com has announded it has accelerated its growth in the third quarter as the global credit crunch sparked a move into bullion by cash savers. Gold holdings by volume grew by more than one-fifth between July and October. BullionVault now looks after more than $102 million in gold and cash on behalf of private individuals based in 78 countries worldwide. At the end of September 2007, the gold held by BullionVault's customers had i... [more]

Other Gold and precious metals news

Gold Gains Toward 10-Week High

Gold advanced in London, trading close to a 10-week high, as concern the economic recovery is sputtering spurred demand for the metal to protect wealth. Silver also gained after yesterday reaching the highest price since March 2008.

Gold Seeker Closing Report: Gold Falls Slightly While Silver Climbs to a New 30 Month High

Gold saw slight gains in Asia and London before it fell back off in early New York trade to $1253.55 and then jumped up to a new session high of $1262.25 by about 9:40AM EST, but it then chopped its way back lower into the close and ended with a loss of 0.12%. Silver climbed to as high as $20.138 by about 8:30AM EST before it also fell back off, but it still ended with a gain of 0.71% and closed ...

Gold Approaches Record

Gold rose to near a record in London as investors sought to protect wealth from lower equities and on concern the economic recovery is stalling. Silver gained to near the highest level since March 2008.

Gold Approaches Record Price on Investor Demand for Protector of Wealth

Gold traded near a record in New York as investors sought an alternative to equities and a protection of wealth on concern the economic recovery is stalling. Silver gained to the highest level since March 2008.

PRECIOUS-Gold eyes record high as risk appetite retreats

PRECIOUS-Gold eyes record high as risk appetite retreats

Gold nears record as economy bears circle markets

Concern over European bank sector weighs on risk appetite. 8 Sep 2010 9:56 PM

Montana's Stillwater buying Toronto metals company

Stillwater Mining Co. is buying Marathon PGM Corp. for $118 million to gain control of the Canadian company's Ontario precious metals reserve and other properties, the companies announced Tuesday.

Premium Exploration Increases Land Position After Identifying Multiple Geophysical Targets with Friday-Petsite ...

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 8, 2010) - Premium Exploration Inc. (TSX VENTURE:PEM) (the "Company") is pleased to announce the completion of a 180 sq-km geophysical survey over the 28 Km Orogrande Shear Zone, "OSZ". Multiple targets with geophysical signatures similar to that of the Friday-Petsite NI 43-101 resource have been identified along the OSZ, resulting in the ...

Premium Exploration Increases Land Position After Identifying Multiple Geophysical Targets with Friday-Petsite ...

VANCOUVER, BRITISH COLUMBIA-- - Premium Exploration Inc. is pleased to announce the completion of a 180 sq-km geophysical survey over the 28 Km Orogrande Shear Zone, "OSZ". Multiple targets with geophysical signatures similar to that of the Friday-Petsite NI 43-101 resource have been identified along the OSZ, resulting in the expansion of the Deadwood claim block with the addition of 134 claims ...

Montana's Stillwater buying Toronto metals company

Montana's Stillwater Mining Co. buying Toronto precious metals company for $118 million

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