Gold settled at a three-month high, breaking above $1,300 after disappointing US economic figures further hurt the dollar and equity markets.» Read More
SINGAPORE, Feb 13- Gold was trading steady near its three-month high on Thursday, close to breaking past $1,300 an ounce as technical momentum, short-covering and hopes for a measured tapering of U.S. stimulus offset any negative impact from firmer equities.
VANCOUVER, Feb 6- At a time when major miners have turned gun-shy on acquisitions after a rash of value-busting deals, two big players made it clear last week that they are still keen to partner with junior firms on high-quality, early-stage projects.
*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".
*Gold- mining shares hit a four-month low. TORONTO, Nov 21- Canada's main stock index advanced on Thursday as a jump in the price of oil pushed up shares of energy companies and positive U.S. economic data drove gains across most of the other major sectors. "Sentiment is quite bullish," said Elvis Picardo, strategist at Global Securities in Vancouver.
Nov 13- Kinross Gold Corp said on Wednesday it is making further cuts to its employee numbers and capital spending as the Toronto- based gold miner reported a steep drop in third-quarter earnings, hurt by weaker gold prices. Gold prices, trading at $1,272 on Wednesday, have fallen 24 percent this year.
SINGAPORE, Nov 14- Gold extended gains into a second session on Thursday after Janet Yellen, likely the next chair of the Federal Reserve, indicated the U.S. central bank would continue to support the economy through its stimulus measures.
ABIDJAN/ ACCRA, Oct 25- This year's drop in world gold prices has been deeply sobering for West African countries, from established producer Ghana to promising newcomer Ivory Coast, whose prospects of mineral wealth are being snatched away.
Gold settled more than 3 percent higher on Thursday as the dollar stumbled.
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Paulson & Co more than halved its stake in SPDR Gold Trust in the second quarter, when the bullion price lost nearly a quarter of its value.
Gold settled lower at $1,311 an ounce on Thursday as the dollar benefited from strong U.S. manufacturing data and dovish comments from the European Central Bank.
Check out which companies are making headlines after the bell Wednesday:
Stocks squeezed out small gains in lackluster trading Monday, with the S&P 500 closing at a new high, but a batch of mixed earnings reports and weaker-than-expected existing home sales kept a damper on gains.
Gold hit a near three-week low, ending lower as a lack of new economic stimulus from the Bank of Japan fueled worries that other central banks may also withdraw their support, denting bullion's inflation-hedge appeal.
Take a look at some of Thursday's midday movers:
Stocks finished modestly higher Friday with major indexes posting their third week in positive territory and the Dow and S&P 500 closing at new record highs.
Check out which companies are making headlines after the bell Tuesday:
Stocks finished at session lows Monday, posting their sharpest one-day drop this year, as disappointing economic data from China triggered a selloff in commodities.
Take a look at some of Monday's midday movers: