Gold – Mineweb reported that Standard & Poor's Financial Services LLC has lowered its rating for drilling company Boart Longyear Ltd. (ASX:BLY) in part due to its view that gold, copper and iron prices will not improve this year or in 2015.
Articles Tagged "gold price"
Today's US jobs data pushed precious metals down, but gave Brent crude a boost. Meanwhile, copper sank this morning on the back of a bond default.
Gold – Gold was unchanged at $1,335.30 an ounce on Wednesday as the Ukraine crisis cooled and investors awaited U.S. data on the strength and progress of the economy, according to Reuters.
Gold – This morning, as tensions in Ukraine receded, gold fell 1.3 percent, or $17.34, to $1,333.50 an ounce. Meanwhile, US gold futures for April delivery were down $16.70 an ounce, to $1,333.50.
Gold – Mining Weekly reported that in February, the US Mint sold 31,000 ounces worth of American Eagle gold bullion coins. That's a 60-percent decline from the 80,500 ounces it sold in the year-ago period.
Gold – This morning, gold gained more than 1 percent, or $17.85, to trade at $1,343.64 an ounce. Meanwhile, gold futures for April delivery rose 1.73 percent, or $22.90, to hit $1,344.50 per ounce.
Gold – A draft research paper states that unusual trading patterns around 3:00 p.m. in London show that the London gold fix may have been manipulated for the past decade.
Gold was down 0.1 percent, or $1.33, to $1,329.58 per ounce today.
Gold – Bloomberg reported that gold's recent price increase has put the US Mint on track to record its worse month of gold coin sales since September.
Gold – Gold fell 0.6 percent, or $7.99, to $1,332.60 an ounce today. Earlier in the session, it hit $1,345.35 an ounce, its highest price since October 30.