Gold Bullion Prices News

  • Gold Gains as Declining Dollar, Equities Increase Haven Appeal Thursday, November 20, 2008 @ 1:31AMNov. 20 (Bloomberg) -- Gold rose in Asia as a decline in the dollar and tumbling world equity markets increased its appeal as an alternative investment.
  • Gold Rises as Falling Dollar, Equities Increase Haven Appeal Thursday, November 20, 2008 @ 12:15AMNov. 20 (Bloomberg) -- Gold rose in Asia as a decline in the dollar and tumbling world equity prices increased the appeal of the metal as an alternative investment.
  • Stock markets slip into triple-digit losses on bad U.S. data, Scotiabank charges Wednesday, November 19, 2008 @ 11:49AMTORONTO - Stock markets weakened to triple-digit loses Wednesday near midday as investors weighed a $595-million charge at Scotiabank and more troubling economic data from the United States.
  • Agnico, Harry Winston, Scotiabank, Teck: Canadian Stock Movers Wednesday, November 19, 2008 @ 11:22AMNov. 19 (Bloomberg) -- The following companies were having unusual price changes in Canadian trading . Stock symbols are in parentheses, and share prices are as of 11:25 a.m. in Toronto.
  • Gold Rises in N.Y. as Dollar Weakens; Silver, Platinum Gain Wednesday, November 19, 2008 @ 9:01AMNov. 19 (Bloomberg) -- Gold rose for the first time this week in New York as a weaker dollar boosted the appeal of the metal as an alternative investment. Silver and platinum gained.
  • Gold strengthens further by Rs 70 Wednesday, November 19, 2008 @ 8:00AMGold prices on Wednesday strengthened further by Rs 70 to close at Rs 12,170 per ten grams in the bullion market here on sustained buying by stockists influenced by firming trend on the global front.
  • Gold Demand Rose 18% in Quarter as Price Lured Buyers, WGC Says Wednesday, November 19, 2008 @ 7:01AMNov. 19 (Bloomberg) -- Gold demand rose 18 percent in the third quarter as lower prices encouraged purchases by jewelers and as investors sought a haven from the credit crisis, the World Gold Council said.
  • Gold Declines in London Trading After Crude Oil Prices Drop Wednesday, November 19, 2008 @ 6:46AMNov. 19 (Bloomberg) -- Gold fell in London as a drop in oil reduced the appeal of the metal as a hedge against inflation. Crude oil slid for a fourth day on anticipation that U.S. inventories rose last week.
  • Gold Reaches Record Dollar Demand in Q3 Wednesday, November 19, 2008 @ 6:00AM Dollar demand for gold reached an all-time quarterly record of US$32bn in the third quarter of 2008 as investors around the world sought refuge from the global financial meltdown, and jewelry buyers returned to the market on lower price points according to Gold Demand Trends released today by World Gold Council .
  • Gold May Decline in London Trading as Oil Drops, Dollar Gains Wednesday, November 19, 2008 @ 4:31AMNov. 19 (Bloomberg) -- Gold, little changed today in London, may decline as oil prices drop and the dollar gains, reducing the appeal of the metal as a hedge against inflation and a weaker U.S. currency.
  • Gold Little Changed as Oil Drop Reduces Inflation Hedge Demand Wednesday, November 19, 2008 @ 3:01AMNov. 19 (Bloomberg) -- Gold was little changed after crude oil declined and U.S. producer prices last month fell by a record, reducing demand for the precious metal.
  • Mixed trend in precious metals Wednesday, November 19, 2008 @ 12:02AMMumbai, Nov 18 : A mixed trend was observed today in precious metals with Silver further sliding by Rs 180 per kg to end at Rupees 16,695 even as Gold rose by a nominal Rupees 25 per ten gm to close at Rupees 11,985, traders at the Bombay Bullion Association said.
  • Mixed trend in Gold, Silver prices Tuesday, November 18, 2008 @ 7:49AMMumbai, Nov 18: A mixed trend was observed today in precious metals with Silver further sliding by Rs 180 per kg to end at Rs 16,695 even as Gold rose by a nominal Rs 25 per ten gm to close at Rs 11,985, traders at the Bombay Bullion Association said.
  • Canadian Stocks Fall, Led by Goldcorp, Royal Bank; RIM Gains Monday, November 17, 2008 @ 11:06AMNov. 17 (Bloomberg) -- Canadian stocks fell, pushing the main index toward the lowest this month, as mining and finance shares slid after Japan entered a recession and metal prices dropped, signaling weakening demand for raw-materials.
  • Mixed trend in opening session Monday, November 17, 2008 @ 4:37AMMumbai, Nov 17 : A mixed trend was seen in the precious metals in the opening session today.
  • HL:Stock markets shift lower as confidence weakens, oil prices fall@ Friday, November 14, 2008 @ 10:48AMTORONTO _ Stock markets deepened their losses Friday near midday with investors putting their optimism aside once again to focus on the struggling global economy.
  • Stock markets post deep losses, oil and C$ slide as politicians scramble Wednesday, November 12, 2008 @ 11:21AMDavid Friend, The Canadian Press November 12, 2008 - 12:13 a.m. TORONTO - Stock markets plunged steeply near midday as commodity prices, financial shares and overall confidence eroded even as governments made new attempts to calm fears.
  • Stock markets post deep losses, oil and C$ slide as politicians scramble Wednesday, November 12, 2008 @ 11:19AMTORONTO - Stock markets plunged steeply near midday as commodity prices, financial shares and overall confidence eroded even as governments made new attempts to calm fears.
  • Stock markets fall further as commodities prices decline along with confidence Wednesday, November 12, 2008 @ 10:35AMTORONTO - North American stock markets plunged deep into the red on Wednesday morning as commodities prices and overall confidence lost ground even as governments announced new measures to calm fears.
  • Canada Stocks Fall Along With Commodities; EnCana, Kinross Drop Wednesday, November 12, 2008 @ 10:02AMNov. 12 (Bloomberg) -- Canadian stocks fell a second day, led by mining and energy companies, as commodity prices extended their drop on speculation that demand will slump in a global recession.
  • Mixed trend in Gold, Silver Wednesday, November 12, 2008 @ 9:32AMMumbai, Nov 12: A mixed trend was observed in the precious metals today with Silver further sliding by Rs 160 per kg on lack of fresh demand even as Gold improved by Rs 65 per ten gm on improved demand by Industrial users, traders at the Bombay Bullion Association said.
  • Thanks to Europe, gold prices may go up in India Tuesday, November 11, 2008 @ 10:10AM Despite meltdown, gold sales in India went up nearly 15 pc this year.
  • Gold Trades Little Changed; Growth Concern Offsets China Gain Tuesday, November 11, 2008 @ 12:49AMNov. 11 (Bloomberg) -- Gold traded little changed in Asia, ending two days of gains, on concern deteriorating company earnings in the U.S. will weigh on global growth.
  • GENERAL MARKET CONDITIONS/FUNDAMENTAL FACTOR Monday, November 10, 2008 @ 8:59PMETF Securities said that the amount of metal it holds to back its Physical Gold exchange-traded commodity fell 1 percent in the week to Nov 9.
  • Canada Stocks Advance, Led by Canadian Natural, Barrick Gold Monday, November 10, 2008 @ 4:47PMNov. 10 (Bloomberg) -- Canadian stocks rose a second day, led by resource producers, as commodities gained on speculation a $586 billion Chinese stimulus package will spur demand.
  • ACE, Air Canada, Nortel, ProEx, WestJet: Canadian Equity Movers Monday, November 10, 2008 @ 2:47PMNov. 10 (Bloomberg) -- The following companies were having unusual price changes in Canadian trading . Stock symbols are in parentheses, and share prices are as of 3:11 p.m. in Toronto.
  • Silver, Gold move upwards Monday, November 10, 2008 @ 8:23AMMumbai, Nov 10: The precious metals today moved upwards with Silver hardening by Rs 105 per kg and Gold rose by Rs 70 per ten gm on brisk buying support by ornament makers, traders at the Bombay Bullion Association said.
  • Barrick, EnCana, Manulife, Tim Hortons: Canada Stock Preview Monday, November 10, 2008 @ 8:17AMNov. 10 (Bloomberg) -- The following companies may have unusual price changes in Canadian trading today. Stock symbols are in parentheses, and share prices are from the close Nov. 7.
  • North American markets end Friday in positive territory Friday, November 7, 2008 @ 5:55PMNorth American markets ended Friday in positive territory as investors shook off disappointing employment figures and went hunting for stock deals. The TSX rose 40.80 points to close at 9,596.21.
  • GOLD FAILS TO SHINE DESPITE GLOBAL ECONOMIC CRISIS Thursday, November 6, 2008 @ 11:23AMNEW YORK — For years, investors known as gold bugs snapped up the metal and socked it away, betting that a colossal economic crisis would one day slam financial markets and send gold prices through the roof.
  • Metals Stocks: Gold falls amid slumps in stocks, crude as dollar strengthens Thursday, November 6, 2008 @ 9:19AMGold futures erase earlier gains, falling 1.7% as the U.S. dollar strengthens against its major rivals after major European banks cut their interest rates.
  • IAMGOLD Announces Q3 Record Revenues of $227 Million and an Operating Cash Flow Increase of 141% to $71.7 Million Thursday, November 6, 2008 @ 7:03AM IAMGOLD Corporation(NYSE: IAG)(BOTSWANA: IAMGOLD) -
  • Gold Falls on Concern U.S. Slowdown May Hurt Commodity Demand Thursday, November 6, 2008 @ 12:36AMNov. 6 (Bloomberg) -- Gold fell in Asia after declining 3 percent yesterday on concern that a slumping U.S. economy may erode demand for commodities. Silver fell.
  • Gold Trades Little Changed, Slowdown May Hurt Commodity Demand Wednesday, November 5, 2008 @ 11:52PMNov. 6 (Bloomberg) -- Gold was little changed after declining 3 percent yesterday on concern that a slumping U.S. economy may erode demand for commodities. Silver fell.
  • Precious metals recover Wednesday, November 5, 2008 @ 10:34PMMumbai, Nov 5 : The precious metals were in recovery mode today with Silver rising by Rs 140 per kg to finish at Rs 17,495 and Gold flared up by Rs 120 per ten gm to end at Rs 11,745 on fresh demand by jewellery makers in view of strong global advice, traders at the Bombay Bullion Association said.
  • Apex Mining investing $64m in Mindanao Wednesday, November 5, 2008 @ 9:59PMApex Mining Corp., a listed company owned by Crew Gold Corp. of Canada, plans to spend $64.2 million to expand the capacity of its Maco mine and milling plant in Mindanao.
  • Gold Gains for 1st Time in Three Days in London as Dollar Drops Monday, November 3, 2008 @ 7:44AMNov. 3 (Bloomberg) -- Gold rose for the first time in three trading sessions in London, after its worst monthly drop in a quarter-century, as the dollar weakened against the euro, boosting the appeal of the metal as an alternative investment.
  • Mixed trend in precious metals Saturday, November 1, 2008 @ 3:44AMMumbai, Nov 1 : A mixed trend was observed in precious metals today, after silver rose by Rs 320 per kg on improved demand while gold fell by Rs 20 per ten gm on lack of fresh demand in the opening session, from their previous close, traders at the Bombay Bullion Association said.
  • Upcoming Gold Default Thursday, October 30, 2008 @ 1:32PMThe gold & silver futures markets are each hurtling down a dangerous path toward possible default. The artificial paper price has created enormous physical demand, and hampered supply production, if not delivery.
  • (AFX UK Focus) 2008-10-30 04:24 UPDATE 2-Gold up 2 pct on firm euro, oil; near 1-week high Wednesday, October 29, 2008 @ 11:51PMSINGAPORE, Oct 30 (Reuters) - Gold rose for a fourth straight day on Thursday, rising 2 percent at one point, as oil extended gains and the dollar fell against the euro, which stirred hopes bullion could eventually regain $800 on safe-haven buying.
  • Gold, Oil Extend Record Gains as Rate Cuts May Spur Consumption Wednesday, October 29, 2008 @ 11:02PMOct. 30 (Bloomberg) -- Gold, crude oil and corn extended the biggest surge in commodity prices in five decades on speculation interest rate cuts in the U.S. and China may revive demand for raw materials consumption.
  • Gold Gains for Third Day in Asia as Dollar Falls After Rate Cut Wednesday, October 29, 2008 @ 11:02PMOct. 30 (Bloomberg) -- Gold climbed for a third day in Asia as the dollar dropped against the euro, boosting the appeal of the metal as an alternative investment, after the Federal Reserve cut interest rates to the lowest level in five years.
  • Gold up 2% on firm euro, oil Wednesday, October 29, 2008 @ 11:01PMSINGAPORE -- Gold rose for a fourth straight day on Thursday, rising 2.0 percent at one point, as oil extended gains and the dollar fell against the euro, which stirred hopes bullion could eventually regain $800 on safe-haven buying.
  • (AFX UK Focus) 2008-10-30 03:31 UPDATE 1-Gold up 2 pct on firm euro, oil; near 1-week high Wednesday, October 29, 2008 @ 10:49PMSINGAPORE, Oct 30 (Reuters) - Gold rose for a fourth straight day on Thursday, rising 2 percent at one point, as oil extended gains and the dollar fell against the euro, which stirred hopes bullion could eventually regain $800 on safe-haven buying.
  • Large and late: Markets are real swingers Wednesday, October 29, 2008 @ 9:43PMLiquidity woes, collapse of Lehman Brothers continue to take a toll
  • Large and late: Markets are real swingers Wednesday, October 29, 2008 @ 9:33PMEven for a veteran trader like Richard Briggs, the recent days of stomach-churning market swings are hard to swallow – if he even gets a chance to swallow.
  • Global stock markets rally Wednesday, October 29, 2008 @ 7:21PMJEDDAH: Global stock markets posted solid gains yesterday, with investors buoyed by prospects for global interest rate cuts to help the world economy resist a slide into recession. Oil prices jumped nearly 9 percent to $68 a barrel yesterday as global markets rallied and the dollar fell.
  • (AFX UK Focus) 2008-10-29 03:07 UPDATE 1-Gold rises for 3rd day on firm euro, buoyant stocks Tuesday, October 28, 2008 @ 10:35PMSINGAPORE, Oct 29 (Reuters) - Gold rose for a third straight day on Wednesday, earlier jumping more than 1 percent as the euro extended gains against the dollar and equities bounced, spurring speculative buying ahead of a key U.S. interest rate decision.
  • Stock markets enjoy rebound after sharp selloff despite consumer sentiment data Tuesday, October 28, 2008 @ 2:17PMTORONTO - North American stock markets racked up solid gains Tuesday even as investors took in data indicating that U.S. consumer confidence has plunged to its lowest levels in 41 years.
  • Canadian Stocks Fall Most Since 1987, Led by Manulife, EnCana Monday, October 27, 2008 @ 4:45PMOct. 27 (Bloomberg) -- Canadian stocks fell the most in 21 years, led by finance and energy shares, on speculation the credit crisis will trigger investment losses at insurance companies and a recession cut global demand for commodities.