Growing trust in gold makes it the perfect place to hide

A loss of faith in the political system and the currencies that underpin it has been growing over the past few months. Its most visible manifestation is the “Occupy movement that has moved from Wall Street all over the world. Its second most visible manifestation, some would argue, is the price of gold and the [...]

Gold majors eye explorers as Canada’s Yukon prepares for its next big gold rush

As winter draws in across Canada’s northern Yukon territory, big mining companies are prospecting for bargains among the army of junior explorers staking claims in what’s shaping up as the region’s second big gold rush. With other gold-producing parts of the world exhausting their reserves, the Yukon may have the potential to richly reward both [...]

Gold slips below $1750/oz despite positive investment interest

COMEX prices have edged lower across the complex as the dollar has strengthened, equity markets diverged and fears of European contagion and uncertainty spreading to the world economy and financial markets, said Barclays Capital in a research note. Gold prices slipped below $1750/oz as physical demand has softened after the initial flurry in September while [...]

Gold demand soars in Europe – World Gold Council

Gold demand in the third quarter of 2011 reached 1,053.9 tonnes, an increase of 6% compared to the same period last year. This equates to US$57.7bn, an all-time high in value terms. According to the World Gold Council’s Gold Demand Trendsreport for Q3 2011 released today, this increase was driven by investment demand which rose by [...]

Greg Lang to helm NovaGold; Van Nieuwenhuyse moves to NovaCopper

The decision of longtime mining executive Greg Lang to leave Barrick to become the new CEO of NovaGold could be a decisive game-changer for the long troubled, Vancouver-based junior gold miner. The highly respected and well-liked Lang is the eldest of a trio of brothers, who each hold senior management positions in three North American [...]

Silver, gold prices should continue rising, Coeur d’Alene’s CEO says

The prices of silver and gold should continue rising as economic uncertainty persists, according to the chief executive of Coeur d’Alene Mines Corp (CDE.N: Quote, Profile,Research, Stock Buzz), the biggest U.S. silver miner. “As long as we see things like the EU (Euro zone currency turmoil) and as long as we run the kind of deficits here — [...]

The contrarian’s quandary vis-a-vis gold investment

What is the best way to hope you’ll make money investing? Berkshire Hathaway legend Warren Buffett reckons it’s “being right” – which is about as down-home as the “Sage of Omaha” could get. “Sitting tight” was the key for legendary “boy plunger” Jessie Livermore, whose personal depression drove him to suicide in 1940, apparently leaving [...]

U.S.’s biggest investment names increase holdings in gold mining stocks

It appears that some of the U.S.’s biggest investment names have been increasing holdings in gold mining stocks and the biggest gold mining stock ETF, while they may have been liquidating bullion related investments.  This would appear to be in recognition that, as we have pointed out in these pages a number of times, that [...]

Gold and the Eurozone – what happens when the Euro fails?

Despite the apparent switch to Greek and Italian government by supposedly non-partisan technocrats, whatever they may be, the rifts in the Eurozone are increasing rather than improving.  How long can it be before the governments of some of the weaker countries decide to pull out for their own citizens’ good as possibly providing a more [...]

Gold rallies in Europe but still heading for weekly drop

SPOT MARKET prices to buy gold regained some ground on Friday morning – following a sharp drop on Thursday, which saw a disappointing Spanish government bond auction and sustained losses on European and US stock markets. At one point on Thursday, gold prices fell 1.9% in just one hour – with several analysts suggesting investors ha to [...]

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RSS Gold price

  • Gold closed at Rs 48,857 per 10 grams in the local market Friday
  • Gold and silver prices recovered in the bullion market today on fresh buying
  • Paulson’s gold ETF sale no cause for worry say analysts
  • China’s Shandong Gold bids $1 billion for Jaguar Mining
  • This is not your father’s gold market
  • The prices of silver and gold to continue rising on healthy demand, Coeur CEO
  • Antofagasta/Barrick JV says Pakistan rejection breached rules
  • Uranium: Swords to plowshares program ends

RSS Silver prices

  • Silver prices rebounded by Rs 1,325 to Rs 56,400 per kg
  • US Mint buys more gold,silver from Sunshine
  • Silver Vs Gold investments in India
  • Why silver at the time of gold?
  • US Mint sells more Proof Silver Eagle coins
  • The prices of silver and gold to continue rising on healthy demand, Coeur CEO
  • Jiangxi Copper, Freeport agreed a 12.4 percent rise in term treatment and refining charges
  • India: Silver prices rose by Rs 348 to Rs 54,405 per kg in futures trading today

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