NEW YORK, Aug 15- The former head of New York City's correction officers' union was found guilty on Wednesday of accepting a bribe to steer union money to now-defunct hedge fund Platinum Partners for investing. Norman Seabrook, who once led the Correction Officers' Benevolent Association, was convicted by a Manhattan federal jury of one count of fraud after his...
NEW YORK/ LONDON, July 3- Gold prices recovered from a near seven-month low and platinum bounced from close to a 10- year low on Tuesday as the dollar eased. $11.80, or 1 percent, at $1,253.50 per ounce. "First the dollar flipped, and it looks like interest rates dropped for the 10- year," said Bart Melek, head of commodity strategy at TD Securities.
*Chinese jewellery sales critical for global demand. *Gold seen as a store of value, easy to exchange. LONDON, June 5- Gold jewellery sales in number one market China are finally picking up after years of decline, but consumers are still shying away from platinum.
*Chinese jewelry sales critical for global demand. *Gold seen as a store of value, easy to exchange. LONDON, June 5- Gold jewelry sales in number one market China are finally picking up after years of decline, but consumers are still shying away from platinum.
Wedding rings and other symbols of love are increasingly made of platinum in China, says Huw Daniel of Platinum Guild International.
South Africa's Sibanye-Stillwater has agreed to buy Lonmin, valuing the troubled platinum producer at about $382.47 million.
World Platinum Investment Council CEO Paul Wilson speaks about how political upheaval in Zimbabwe is impacting the platinum marketplace.
Scientists detected gravitational waves from the collision of two neutron stars.
The world stockpile of platinum is shrinking as investors hold off on selling and the threat of a miners strike looms, experts have said.
Andrei Bugrov, senior vice president at Norilsk Nickel, talks about the health and future outlook of the nickel, palladium and platinum market.
Andrei Bugrov, senior vice president at Norilsk Nickel, says the firm doesn’t see China’s competition as bitter or lethal, but is instead “blessed” by having a “neighbor” like China.
Following Lonmin’s latest earnings report, its CEO, Ben Magara breaks down the key factors behind the figures.
Small businesses are feeling the negative affects in the South African tourism industry after a 27 percent drop in the rand.
Mark Cutifani, CEO of Anglo American, discusses the plans to sell its iron ore producer and says it will focus on diamonds, platinum and copper.
David Wilson, director of metals research and strategy for Citi, says he expects demand for platinum from the autos industry to pick up.
One famed analyst says this might be the perfect time for commodities investors to pounce.
James Cordier, founder of OptionSellers.com, discusses the impact that the Volkswagen emissions scandal has on the prices of platinum and palladium.
Marc Elliott, mining analyst at Investec, discusses the job cuts at Lonmin and other mining companies, as commodity prices, hit record lows.
Lonmin CEO, Ben Magara, discusses the effect of low platinum prices on business, saying the precious metal will eventually see a rebound.
Daniel Hynes, Senior Commodity Strategist at ANZ, discusses the demand and supply issues in precious metals like platinum, palladium and gold.