Gold Speaks

Originally from MarketWatch

SYDNEY (MarketWatch) — Australian shares gained in early trading on Monday, with the S&P/ASX 200 index up 1.2% at 4,192.00. Mineral and energy firms were the best performers, with diversified mineral group Rio Tinto Ltd. up 2.8% and iron-ore producer Fortescue Metals Group Ltd. up 2.6%. Energy giant Woodside Petroleum Ltd. gained 1.1% in early [...]

The gold price is up 2.3% so far this week and remain on track to post its strongest weekly gain since early September, boosted by a fall in the dollar, which dipped against a basket of currencies. Originally from Mineweb – Daily news headlines

The company’s flagship Santa Elena mine in Mexico delivered gold production of 8,805 ounces and 106,636 silver ounces in the third quarter, a rise of 61% and 43% respectively. Originally from Mineweb – Daily news headlines

Originally from MarketWatch

Gold and silver futures both rise as another round of worries over the euro-zone crisis sees traders shun equity markets in favor of perceived safe-haven investments. Originally from MarketWatch

Originally from MarketWatch

LOS ANGELES (MarketWatch) — Australian stocks rose in early Wednesday trading, joining overnight gains in U.S. and European markets, with the benchmark S&P/ASX 200 rising 0.9% to 4,039.20. In the key mining sector, shares of Alumina Ltd. were up 1.4%, while extended gains for gold in the New York trading session helped boost Newcrest Mining [...]

In an anonymous poll at the conclusion of the LBMA’s annual conference on Tuesday, gold investors and analysts reckon bullion will rise to $2,019 an ounce by November 2012. Originally from Mineweb – Daily news headlines

SAN FRANCISCO (MarketWatch) — Canada’s main stock index gained nearly 1% Tuesday, recovering the prior session’s losses, as gold mining stocks rallied alongside a surge in gold futures. The S&P/TSX Composite Index climbed 104.9 points, or 0.9%, to 12,276.94. The S&P/TSX Gold Index , which includes some non-Canadian gold miners, surged 4%, lifted by a [...]

SAN FRANCISCO (MarketWatch) — Canada’s main stock index gained nearly 1% Tuesday, recovering the prior session’s losses, as gold mining stocks rallied alongside a surge in gold futures. The S&P/TSX Composite Index climbed 104.9 points, or 0.9%, to 12,276.94. The S&P/TSX Gold Index , which includes some non-Canadian gold miners, surged 4%, lifted by a [...]

NEW YORK (MarketWatch) — Gold futures edged higher but stayed below $1,800 an ounce and crude-oil prices declined early Friday after euro zone finance ministers postponed a decision on the next payment of aid to Greece to October. Crude-oil for October delivery fell 73 cents, or 0.8%, to $88.67 a barrel, pulling back after Thursday’s [...]