Latest gold & precious metals news

Gold Prices Recover After U.S. Economic Data

Gold Prices Recover After U.S. Economic Data

Gold Inches Up Before Report On U.S. GDP

Gold Inches Up Before Report On U.S. GDP

Gold Technicals for July 30th

Gold has topped. Please see the latest special report for details. Gold is making its way lower and in an impulsive fashion. I wrote yesterday that after bouncing to 1204, gold is testing its low so a secondary top may be in place at 1204. Gold has plunged and the metal is probably headed much lower in a 3rd wave. The next important support area is 1045/67 (former 4th wave extreme and 161.8 ...

Gold Ends Higher For Second Straight Session

Gold Ends Higher For Second Straight Session

Centerra Gold Reports Second Quarter Results, Net Earnings of $30 Million or 13 Cents Per Share and Declares Inaugural ...

TORONTO, ONTARIO--(Marketwire - 07/30/10) - Centerra Gold Inc. (TSX: CG - News ) today reported net earnings of $29.8 million or $0.13 per common share on revenues of $152.2 million compared to a net loss of $79.6 million or $0.36 per common share based on revenues of $104.3 million in the same quarter last year. In the second quarter of 2009 the Company's, loss before unusual items totaling $49 ...

GENERAL MARKET CONDITIONS/FUNDAMENTAL FACTOR

The lack of major market moving news resulted in gold and silver rising on technicals. They can rise further if they are able to trade over yesterday’s lows today. A mild fall in US stock markets will prevent gold and silver from a major fall today.

PRECIOUS-Gold ticks lower, awaits U.S. Q2 GDP data

PRECIOUS-Gold ticks lower, awaits U.S. Q2 GDP data

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.

PRECIOUS-Gold rises as price dip sparks demand

PRECIOUS-Gold rises as price dip sparks demand

Gold prices for Friday announced

The Gold Traders Association today announced the buying price at 17,585.60 baht per baht-weight for gold ornaments and 17,850 baht per baht-weight for gold bar.

GOLD NEWS

A positive gold price outlook, combined with a strong financial position and impressive cash flow has allowed Barrick to both invest in its project pipeline and now pay a quarterly dividend.

Gold Prices Pop on GDP Figure

Gold prices are popping Friday morning on lower GDP growth numbers.

PRECIOUS-Gold rises on Asian demand after price dip

PRECIOUS-Gold rises on Asian demand after price dip

Gold price decline temporary, rebound expected in H2: analysts

SINGAPORE : Analysts said gold prices are likely to head higher towards the end of the year, as investors turn to safe haven assets.

Centerra posts profit on strong gold price

Centerra Gold reported a quarterly profit on Friday, as increased production and a strong gold price helped the company overturn a year-earlier loss, when results were hurt by lower gold recoveries and increased costs.

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.

Domestic gold prices hit three-month low

VietNamNet Bridge – The domestic gold price yesterday, July 29, hit a three-month low to VND27.60 million (US$1,432) per tael (1 tael equals 1.2 ounces).

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