Gold

The Market Is Likely Wrong About Jaguar Mining

A few days ago Jaguar Mining released its 3Q 2017 production figures; in my opinion, this report could be a game changer for the company.<p>First of …

Business

Gold Prices on Black Monday 1987 Went Crazy Along With Stocks

Stocks were not the only market that went berserk on Black Monday 30 years ago; so did gold and other commodities.<p>If there's a lesson to be learned …

Precious Metals

Gold Prices Set to Snap 3-Day Losing Streak as Geopolitical Uncertainty Spikes

Investing.com – Gold prices rose on the Thursday as an uptick in political uncertainty in Spain weighed on risk sentiment while ongoing dollar …

Commodities

Barrick Gold, Tanzania Strike Partnership Deal

TORONTO – Barrick Gold Corp. said its African subsidiary will make a $300 million payment to the government of Tanzania as part of an agreement to resolve tax and revenue sharing disputes over its three gold mines in the country.<p>The Toronto-based mining company said its majority controlled Acacia …

Stocks

Gold Prices Extend Losing Streak; Slide to Lowest in More Than a Week

Investing.com - Gold prices marked a fourth straight session of declines on Thursday, sliding to their lowest level in more than a week as markets …

Economy

Barrick Gold, Tanzania strike deal to end dispute

Barrick Gold (NYSE:ABX) agrees to give Tanzania a 16% stake in three gold mines, a 50% share in revenues from the mines and a one-time $300M payment …

Business

Gold perks up as geopolitical tensions in Europe resurface - MarketWatch

Gold futures were trading higher on Thursday and on track to snap a three-session skid as political drama in the eurozone rattled investor …

Business

New era for post-crisis interest rates threatens gold

With expectations of rising interest rates in the US, gold is once again under pressure.<p>The yellow metal was trading at about $1,285 on Thursday, …

Economy

3G’s Dreyfus sees Wheaton Precious Metals rising to mid-$40s

Wheaton Precious Metals (NYSE:WPM) opens higher after 3G Capital’s Dan Dreyfus tells the C4K Investors Conference in Toronto that he sees the stock …

Business

Asia Gold-Festive glitter brightens Indian demand

* Purchases lower than last year during Dhanteras, Diwali<p>* China premiums range between $8-$12/oz<p>* Spot gold prices XAU= on track for weekly …

Investing

Gold loses sheen in Diwali trade, down Rs 250

New Delhi, Oct 19 (PTI) Gold prices fell by Rs 250 to Rs 30,750 per 10 grams in special 'Diwali Muhurat' trading at the bullion market today despite …

Investing

Vale tallies record quarterly iron ore production in Q3

Vale (VALE -1%) says its Q3 iron ore production rose to a new quarterly record, helped by a ramp-up at its S11D mine.<p>Vale says iron ore output rose …

Business

Gold Prices Down In Asia After Regional Data Sets, India Demand In Focus

Investing.com - Gold prices slipped slightly in Asia on Thursday with investors not fussed by largely upbeat regional data sets and looked for demand …

Economy

Anglogold sells two South African mines for combined $307M

AngloGold Ashanti (NYSE:AU) +3.2% premarket after agreeing to sell mines in South Africa to Harmony Gold (NYSE:HMY) and a Chinese investment firm, …

Business

UDN: Dollar Bears May Actually Be Right

Strengthening of Euro has support, USD flashing bearish signals.<p>Minimal Dollar resilience after Trump announces John Taylor as temporary head of the …

Business

PowerShares DB U.S. Dollar Bullish ETF: A Hedge For These Uncertain Times

Market valuations are quite stretched by most measures.<p>A number of potential catalysts for a move up in the USD exist in the near-term.<p>The USD …

Business

Goldman: Bitcoin not the new gold

Cryptocurrencies like bitcoin are not the "new gold," Goldman Sachs said in a research note, advising investors that precious metals "remain a …

Business

Gold prices steady amid firm dollar

(Reuters) - Gold prices were nearly unchanged early on Thursday as the dollar held firm on the back of strong U.S. Treasury yields.<p>FUNDAMENTALS<p>* Spot gold <XAU=> was steady at $1,281.24 an ounce at 0053 GMT. It hit an over one-week low of $1,276.73 in the previous session.<p>* U.S. gold futures …

Investing

Canadian Scotiabank looks to sell gold trading unit on scandal: FT

(Reuters) - Canadian Bank of Nova Scotia <BNS.TO> has put its gold business up for sale in the aftermath of a massive money laundering scandal centered on a U.S. refinery that involved smuggled gold from South America, the Financial Times reported.<p>FT said the bank’s ScotiaMocatta business is one of …

Investing

Scotiabank puts gold business up for sale

Canada’s Scotiabank has put its gold business up for sale in the aftermath of a multibillion-dollar money laundering scandal centred on a US refinery …

Business (Canada)

Gold is at a turning point

• <b>Gold, Real GDP, and stocks both rose before the financial crisis of 2008.</b>• <b><br>However, correlation does not mean causation, and the peak is yet to come</b><p>Of late, I have seen many articles postulating what moves gold up or down. We have heard all the old reasons being put forth from GDP, to a hedge against …

Trading

History Says Global Debt Levels Will Lead to Another Crisis

It may feel like we’ll escape a debt crisis since, well, the world hasn’t ended in spite of runaway debt levels. Some of us hard money people feel …

Economy

BRIEF-RNC MINERALS SAYS BETA HUNT MINE PRODUCED 10,489 OUNCES OF GOLD IN Q3

Oct 18 (Reuters) - RNC Minerals Corporation RNX.TO :<p>* BETA HUNT MINE GOLD PRODUCTION INCREASES 27% IN Q3 2017<p>* RNC MINERALS CORPORATION - BETA HUNT …

Investing

Forex - PBOC Sets Yuan Parity At 6.6093 Against Dollar

Investing.com - The People's Bank of China set the yuan parity rate against the dollar at 6.6093 on Thursday, compared to the previous close of …

Forex

Gold futures build on week’s losses as dollar gains, inflation risk in focus - MarketWatch

Gold futures on Wednesday deepened their retreat from the key $1,300 level, as a stronger U.S. dollar weighed on precious metals prices.<p>December gold …

Business

BHP Billiton dips on lower Q1 iron ore output

Shares in BHP Billiton dipped as much as 1.1 per cent in morning trade on Wednesday as the mining group signalled a slight fall in iron ore output in …

BHP Billiton

Gold Loses Ground on Prospect for Hawkish Fed

LONDON – Gold prices continued to pull back Wednesday, as the dollar built on recent gains amid growing expectations for another interest rate increase from the Federal Reserve before the end of the year.<p>The precious metal was down 0.37% at $1,280.78 a troy ounce in midmorning trade.<p>Copper prices …

Economy

India tightens gold import norms for nominated agencies

MUMBAI (Reuters) - India tightened gold import norms for nominated agencies by restricting them from importing the yellow metal only for export purposes and not for selling in the domestic market, the government said in a circular on Wednesday.<p>"...are permitted to import gold as input only for the …

India

PRECIOUS-Gold slips as dollar firms on speculation over Fed chief

* Next Fed chair could be policy hawk -Reuters poll<p>* Trump has pool of five candidates, including incumbent Yellen<p>* GRAPHIC-2017 asset returns: …

Economy

RBI orders banks to immediately pay interest under Gold Monetisation Scheme

<b>Mumbai:</b> The Reserve Bank of India (RBI) on Tuesday advised commercial banks to "immediately" pay interest due on the Gold Monetisation Scheme (GMS), …

Reserve Bank of India