Gold edged down, but managed to hold above $1,200 an ounce on a weaker dollar after poor economic data raised doubts over the US growth outlook.» Read More
U.S. stock index futures pointed to a lower open on Wall Street on Wednesday as investors digested mixed signals from the Fed.
Gold settled more than 3 percent higher on Thursday as the dollar stumbled.
Six years after trotting out a highly acclaimed commitment to protect a rain forest, Ecuador's leftist president wants to yank the plan in favor of oil exploration.
Ron Paul loves gold, but how much the former presidential candidate loves the yellow metal could strike some as a bit...extreme.
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:
*UBS raises Barrick Gold target price to $52 from $46; rating buy. *UBS raises Rainy River Resources Ltd price target to C $7 from C $6;. rating buy* UBS raises Centerra Gold target price to C $17 from C $15.5; rating buy.
TORONTO, Oct 10- Kinross Gold Corp said Wednesday its chief financial officer, Paul Barry, will leave the company, just two months after the Canadian miner replaced its chief executive. Barry, who joined Kinross in March 2011, will leave to pursue other interests, but will remain in his role until a replacement has been found, the company said.
Oct 10- Kinross Gold Corp:. *Source text: Kinross Gold Corporation today announced that Executive Vice-President and Chief Financial Officer Paul H. Barry will be leaving the Company and pursuing other interests.
*Canaccord Genuity raises Kinross Gold target price to $13; rating. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
Gold hit a 2012 closing high of $1,796.50 per ounce on Oct. 4. Although prices have fallen since, several analysts expect gold to hit or top $1,800 an ounce in 2013..
NEW YORK-- The finance chief of Kinross Gold Corp. is resigning to pursue other interests. The Toronto gold mining company said Tuesday that it has begun a search for Paul H. Barry's replacement. Shares of Kinross Gold rose 3 cents, to $10.45 in afternoon trading.