Gold Moves Beyond $1,700/Ounce
Gold – CNBC reported that gold prices crossed the $1,700 an ounce mark on Friday , rebounding from a one-month low.
Articles Tagged "gold market price"
Gold Slides to Four-Week Low
Gold – Bloomberg reported that gold fell to a four-week low in Tuesday trading, pressured down by investor concern over lack of progress with U.S. budget talks.
Gold Steady, on Track to Post Gain for November
Gold – Reuters reported that gold held steady on Friday, but is on track to post a monthly gain for November.
Gold Pushed Down by Concern Over Greek Debt Deal Terms
Gold – CNBC reported that gold tumbled for the third consecutive day on Wednesday, as investors expressed concern over the terms of the Greek debt deal.
Detour Gold To Access Cash From Bought-Deal Financing Before Production Starts
Gold – The Finanical Post reported that Detour Gold Corp will receive the proceeds of its latest bought-deal financing, the sale of four million shares at $26.50 each, before its new mine in Northeastern Ontario starts operations early next year. This mine is being promoted as the largest in the country.
Failure of Greek Debt Deal Pushes Gold Down
Gold – CNBC reported that gold fell back in Wednesday trading, given momentum by investor unease after Greece failed to reach a debt deal.
China’s Demand, Investment Attitude Towards Gold Will Dictate Price
Gold – MoneyWeek reported that China, as the world's biggest consumer and producer of gold, will carry tremendous weight in influencing gold prices.
Gold To Gain 8 to 15 Percent Annually: Citigroup
Gold – The International Business Times reported that Citibank expects gold to resume more modest annual gains of 8 to 15 percent a year, than those that had been seen in the "commodity supercycle".
Investors Continue to Flock Towards Gold’s Safe Haven
Gold – Reuters reported that gold recovered losses realized last week in Monday trading, as investors continue to seek haven in precious metals.
Gold on Track for Weekly Loss
Gold – Reuters reported that gold steadied in Friday trading, but was on track for a weekly loss.
