(Bloomberg) - The world’s second-biggest gold producer, Australia, increased its gold output in the third quarter due to the treatment of higher ore grades, according to mining consultant Surbiton Associates Pty. Surbiton Associates Pty said … Continue reading
(Reuters) - Russian bank VTB said it had begun to export gold and silver bullions to India on Thursday to expand its business in the Asia-Pacific region. Indian imports of gold are under heavy pressure … Continue reading
(Reuters) - Gold price rose after a two-day decline on Thursday. The U.S. dollar edged lower and signs of physical demand picked up from China. Profits were kept in check due to the relatively strong … Continue reading
U.S. gold futures and gold price in the spot market gave up gains of Wednesday’s early trades as the U.S. economic data released came better than expected. Moreover, U.S. 10-year yields rose, which affected the … Continue reading
(Scrap Monster) - The Indian government announced that it actually has no plan to give up the firm constrains on gold imports into the homeland. The gold import restrictions may extend for the time being. … Continue reading
(Reuters) – China’s net imports of gold from Hong Kong climbed again to record the second-highest. The current top gold-consumer imported in October over 100 tonnes of gold for the sixth straight month. Chinese banks … Continue reading
Gold was traded in a narrow range around the $1,250 an ounce level on Wednesday, waiting for more clues on the Fed timing of tapering their bond purchasing programme. The U.S. housing data came stronger … Continue reading
(Reuters) - Gold price steadied on Tuesday nearing a week-high as the dollar weakened, but stayed at risk of further failure on uncertainty over the U.S. stimulus outlook and weak physical demand. The price of … Continue reading
(Bloomberg) - The South African mining business, Gold Fields Ltd., is searching to lengthen lend maturities after chopping costs by nearly 25%, according to Nick Holland, CEO of Gold Fields. On Nov. 20, the CEO … Continue reading
Gold price fell over 1% on Monday as higher equities and a firmer U.S. dollar injure the precious metal’s safe-haven appeal after an affirmation was reached to constrain Iran’s nuclear programme, and intensified technical trading. … Continue reading