ULAN BATOR, Feb 4- Canada's Centerra Gold Inc has received the go-ahead from lawmakers in Mongolia to mine the Gatsuurt deposit after a five-year delay, as that resource-rich country looks to bolster its economic activity and gold reserves. Mongolia's once-booming economy has taken a steep slide, with the Asian Development Bank estimating 2015 growth at less...» Read More
Foster Kamer of The New York Observer has a good piece on gold. We spoke for quite some time recently about the eye-popping run gold has had and how this has many people worried that it is a bubble.
CNBC's Sharon Epperson with details on gold's new high and what's driving up the precious metal.
Two analysts told CNBC Monday that in Wall Street's current tough environment, investors have to look to large companies for a safe haven, particularly if those companies have a lot of cash on their balance sheets.
Newmont Mining Chief Executive Richard O'Brien said gold will go up to $1,750 an ounce in 2012, due to inflationary pressures and continued uncertainty in U.S. and European economies.
Commodities supplies may not be able to keep pace with demand in the future mining giant Anglo American wanred on Friday as it reported first half profits which smashed expectations.
The price of gold could beat the record high of $1,609.51 an ounce it hit earlier this week, a fund manager told CNBC Thursday.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.
Worried about the health of the global economy? Dennis Gartman thinks doctor copper is making a critical prognosis.
Gold prices have plunged $25 this session as conciliatory sounds on the debt ceiling debate have prompted cautious traders and investors to take profits.
As gold prices continue to break new record highs, analysts are reviewing their targets with many predicting further gains. But not everyone’s bullish on the precious metal.
Gold jumped to a record $1,600 an ounce Monday, a psychologically important level that may also provide motivation for those looking to sell gold jewelry and coins.
Although most of the Fast traders expect stocks to drift lower in the near term – they do think pockets of the market could provide some catalysts. Here’s what they’re watching.
Mad Money host Jim Cramer says it's not too late for investors to get in on the precious metal.
The Mongolian mining industry, which is to benefit from China's huge appetite for resources, is a sector to bet on. One fund manager suggests investing in mining plays that are listed internationally, but have assets in Mongolia.
Get into gold, art and jewelry, Scott Minerd, chief strategist at Guggenheim Partners, told CNBC Wednesday. "We're in a 'beggar thy neighbor' era. Paper money is garbage at the end," he said. "It's a matter of relative values, about which garbage do you own."
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Gold and oil are surging today on a raised forecast for next year. Weighing in on commodities action from the trading pits, with Anthony Neglia, Tower Trading of New York City president.
The Arab Spring helped boost diamond prices as the region's wealthy individuals moved their cash from stocks and bonds to safe haven investments and tangible assets , a London-based fund manager told CNBC Tuesday.
The price of corn is the latest of a series of signals that remind investors about 2008, the year the financial crisis spread across the globe and Lehman Brothers collapsed, Simon Derrick, chief currency strategist at Bank of New York Mellon, wrote in a note Monday.
As Greece stands on the cusp of another bailout, one analyst says the fix is likely to be only temporary and he expects other Euro-zone countries to also require new rounds of funding. He believes the region's economic uncertainty will further weaken the Euro and boost gold prices.