Gold is consolidating below $1600 as we enter the last week of the year. The last London gold fix of 2010 was $1405, so barring any dramatic price changes in the last week of the year, the yellow metal is on-track for yet another double-digit gain of about 14%. Originally from The Market Oracle
New life may be breathed into an historic mining centre in the Murchison region of Western Australia close to the historic Great Fingall gold mine. Originally from Mineweb – Daily news headlines
New life may be breathed into an historic mining centre in the Murchison region of Western Australia close to the historic Great Fingall gold mine. Originally from Mineweb – Daily news headlines
Originally from MarketWatch
Follow-up drilling results are looking good for Temex Resources, with a batch of high-grade gold intercepts expanding mineralization in the Broulan Reef area of its Whitney joint-venture property. Originally from Mineweb – Daily news headlines
SAN FRANCISCO (MarketWatch) — Gold futures settled 2.6% higher Friday as a dismal jobs report spurred flight-to-safety buying. Gold for September delivery added $47.80 to end at $1,876.90 an ounce on the Comex division of the New York Mercantile Exchange. The metal inched closer to its settlement record of $1,891.90 an ounce, reached Aug. 22, [...]
We may well have seen the end of gold’s correction, but it won’t have ended if buyers still staying away. However start of Indian buying season now only a week away. Originally from Mineweb – Daily news headlines
TD Securities expects gold prices “to come within $2,000/oz territory in the coming months”, but warns of lower industrial minerals prices. Originally from Mineweb – Daily news headlines
Forexpros – Gold futures were up on Wednesday, re-approaching the intraday record high after disappointing data on U.S. service sector activity and factory orders added to signs of sluggish U.S. economic growth. <br /><br />On the Comex division of the New York Mercantile Exchange, gold futures for October delivery traded at USD1,672.05 a troy ounce [...]
Originally from MarketWatch
SAN FRANCISCO (MarketWatch) — Gold futures hovered close to an intraday record Wednesday as investors awaited official word on the jobs picture on Friday. Gold for December delivery rose $24, or 1.5%, to trade at $1,668 an ounce on the Comex division of the New York Mercantile Exchange. It traded as high as $1675.90 an [...]
No-one wants to buy at the top, but has gold reached that level yet given that the U.S. is effectively insolvent and Europe too. Originally from Mineweb – Daily news headlines
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