Ethiopia exported 2.7 tons of gold in H1 of this year

East Africa’s Ethiopia has set a gold production target at 8.7 tons by 2015. According to country’s Ministry of Mines, the country is now benefiting from both global gold price hike and production increment. The ministry also plans to increase the number of traditional gold miners unions and associations in the country to 593 from [...]

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RSS Gold price

  • Safe-haven appeal spurs gold demand
  • Gold prices predicted to exceed $2000 in 2012
  • Central banks bought 20 tonnes of gold in Q3
  • Gold prices recovered on Friday after a dramatic 3% one-day selloff
  • China’s gold demand expanded by 24 percent to 60.2 tonnes in the third quarter
  • Understanding gold investing options
  • India gold demand might reach 1200 tons in 2020, analysts said
  • Ethiopia set a gold production target at 8.7 tons by 2015

RSS Silver prices

  • Shanghai Gold Exchange lifted silver margin requirements to a fresh high
  • Spot silver rates were trading lower in India
  • Silver price may cross $50/oz mark in 2012
  • Silver price should continue rising as economic uncertainty persists
  • India silver slumped on speculative profit-taking
  • Silver prices could rise to $45 an ounce in 2012, GFMS says
  • Silver prices were trading lower in major metros in India
  • Silver production in Peru fell 2.8% in September to 281,828 kilograms

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