Some of Wednesday's midday movers:» Read More
SINGAPORE, Jan 31- Gold looked poised to post its first weekly drop in six weeks on Friday as strong U.S. economic growth boosted global equities and the dollar, hurting the metal's safe-haven appeal. *South Africa's metalworkers union said it will down tools at a smelter of top platinum producer Anglo American Platinum from Feb 5.
SINGAPORE, Jan 30- Gold held on to the sharp overnight gains on Thursday, as another cut to the U.S. *Spot gold had dipped slightly to $1,266.01 an ounce by 0011 GMT, after gaining nearly 1 percent on Wednesday.
SINGAPORE, Jan 21- Gold was just below a six-week high on Tuesday amid subdued activity in the stock markets and on the data front, while platinum was near the strongest in 2-1/ 2 months as strikes were set to begin this week at the top producers.
SINGAPORE, Jan 16- Gold was little changed on Thursday after a two-day decline but a rally in stocks and increasing optimism over global economic growth weighed on the metal's appeal as an alternative investment.
SINGAPORE, Jan 15- Gold retreated for a second session on Wednesday, moving further away from a one-month high, as a rally in stock markets prompted by strong U.S. retail sales data dented the metal's appeal as a safe haven. *Spot gold eased 0.1 percent to $1,243.19 an ounce by 0011 GMT.
TORONTO, Jan 14- Goldcorp Inc commenced its formal bid for Osisko Mining Corp on Tuesday, saying that it chose to proceed with the unsolicited offer after a long series of frustrated attempts to engage Osisko in discussions about a possible deal.
Gold settled lower on Tuesday due to a rise in equities and uncertainty over the U.S. growth outlook after a disappointing jobs report last week.
TORONTO, Jan 14- Goldcorp Inc commenced its formal bid for Osisko Mining Corp on Tuesday, saying that it chose to proceed with the unsolicited offer following a long series of frustrated attempts to engage Osisko in discussions about a possible deal.
SINGAPORE, Jan 14- Gold was trading near its highest in a month on Tuesday as safe-haven bids for the metal increased amid a drop in the dollar and equities, with investors fretting over the U.S. growth outlook after a disappointing jobs report last week. *Spot gold had edged up 0.09 percent to $1,254.20 an ounce by 0007 GMT, near a one-month peak of $1,254.80.
*C $5.95/ shr cash-and-stock offer represents 15 pct premium. TORONTO, Jan 13- Goldcorp Inc launched an unsolicited cash-and-stock bid to acquire smaller rival Osisko Mining Corp for C $2.6 billion on Monday, in a move to gain control of Osisko's Malartic gold mine in Quebec.
*Nine out of 10 worst UK funds in 2013 focused on gold. It comes as no surprise then that nine of the 10 worst-performing funds in the UK in 2013, and six out of the 10 worst in the United States made bets on gold equities. At the top of that list is the Junior Gold fund, which lost almost 66 percent- a level that even its manager, Angelos Damaskos, describes as "eye-watering".
*C $5.95/ share cash-and-stock offer represents 15 pct premium. TORONTO, Jan 13- Goldcorp Inc launched an unsolicited cash-and-stock bid to acquire smaller rival Osisko Mining Corp for C $2.6 billion on Monday, in a move to gain control of Osisko's Malartic gold mine in Quebec.
*C $5.95/ share cash-and-stock offer a 15 pct premium. Jan 13- Goldcorp Inc launched a bid to buy fellow gold miner Osisko Mining Corp for C $2.6 billion in cash and stock to gain access to Osisko's Malartic mine in Quebec.
Jan 13- Goldcorp Inc said it offered to buy smaller gold miner Osisko Mining Corp in a C $2.6 billion cash-and-stock deal.
Some of Friday's midday movers:
Some of Thursday's midday movers:
Some of the names on the move ahead of the open.
Some of Monday's midday movers:
Gold fell as a rebound in equities and lackluster physical demand prompted traders to cash in.
*PIMCO trims SPDR Gold Trust for 4 straight quarters. NEW YORK, Nov 14- Hedge fund Paulson& Co maintained its stake in SPDR Gold Trust, the world's biggest gold-backed exchange-traded fund, in the third quarter after slashing its stake by more than half in the second quarter when bullion prices plummeted.