(Reuters) – Gold price rose 1.4% on Monday, hovering around $1,344 per ounce. Prices broke the 4-month high of $1,345.35 reached last week by hitting $1,349.68 mark today. Last week, soft economic data released in … Continue reading
(Reuters) - Two Russian gold miners - Petropavlovsk and Nord Gold - design to slash output in 2014 as they aim on cost decrease after a fall in the gold cost, they said on Thursday. … Continue reading
(Reuters) – The Russian gold mining company, Polymetal International, said it agreed with the largest bank in Russia and Eastern Europe, Sberbank, on a 5-years credit facility worth $400 million on Monday. The Russian gold … 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
One of the richest countries on the planet is Mother Russia, it has a massive endowment of, natural gas, oil, diamonds, and of, course gold. In addition, it is a major player in coal, timber, … Continue reading
(Bloomberg) - Russia reduced gold reserves for the primary time in an exceedingly year in September as Mexico cut holdings for a seventeenth straight month, consistent with the International fund. Kazak dilated assets for a … Continue reading
(Reuters) – The last-minute deal between the U.S. President and the Congress to avoid U.S. debt default sent gold price jumping over $1,300 per ounce by nearly $18 during early U.S. trading hours today on … Continue reading
(Reuters) - Russia’s gold and silver miner Polymetal intends to shop for an out-sized gold mine in neighboring Asian nation for up to $500 million, around simple fraction of that may be paid with the … Continue reading
(Bloomberg) - Russia and Kazakhstan extended their gold reserves for 11 straight months in August as bullion prices rallied. Mexico decreased its holdings. Russian assets profited 12.7 metric tons to 1,015.5 tons, International Monetary finance … Continue reading
(Reuters) - Turkey increased its gold reserves by the most in five months in August and covered the register of nations that acquired more bullion, (According to the International Monetary Fund) displaying that gold’s apply … Continue reading