Gold price drivers Mining News

Gold bars found among Salvation Army donation in the U.S.

Not that they are worth much these days. Gold, in fact, is headed for a second consecutive year of drops.

Gold prices unlikely to settle as Iraq tensions escalate

If anything, experts agree gold will continue to build on last week's gains.

Moody’s jumps on the gold bearish wagon

The rating agency reduced its 2014 forecast for average gold price from $1,200 to $1,100/Oz and from $20 to $18/Oz for silver.

Germany repatriated 37 tons of gold in 2013

Final goal is to store half the national reserves of the precious metal, or about 3,400 tons, in its own vaults by 2020.

Gold prices down despite upbeat US jobs numbers

Gold prices hit a 5-month low, and is now within shouting distance of the psychologically important $1,200 level and the three-year low of $1,180.

Gold mines output to reach record high

The world's top three gold producers—Barrick Gold, Newmont Mining and AngloGold Ashanti—have all logged higher outputs in their latest reports.

Gold hits 3-week high on disappointing U.S. jobs data

Weaker-than-expected U.S. jobs data dampened expectations that the Federal Reserve will start to taper its bond-buying program in the coming months.

Gold down as India raises import tax to 10%

India also increased the import tax on silver to 10% from 6%

Gold investors should get out of the trade while they can: Vickers

President of New York-based investment brokerage firm Damon Vickers & Co., tells investors to sell the rallies and look for more downside.

Gold below the $1,300 mark again

The gold pendulum is swinging fast these days: bullion down to $1,286 at 8:30 am ET.

Gold up on US job numbers

US companies added 162,000 in July; unemployment at the lowest in five years.

Roubini still sees $1,000 gold

The cofounder and chairman of Roubini Global Economics, also known as Dr. Doom, said this week’s US Federal Open Market Committee meeting drive gold prices lower.

Deutsche Bank opens $9 billion gold vault in Singapore

The new vault can hold up to 200 tonnes of gold bullion.

Fed minutes early release knocks gold price down

The precious metal dropped below $1,575 an ounce and Goldman Sachs cut its 2013 gold price forecast for the second time in six weeks, to $1,545 an ounce from $1,610.

Gold prices falling trend just the aftermath of a bull-run finished in 2011: report

Experts say the average price of gold is expected to fall this year for the first time since 2002.

John Paulson’s gold fund dove 18% in February

Despite the fund's mounting losses, Paulson is sticking to his gold theory.

Investors turn to Astrology to predict markets behaviour (for real)

The markets exhibit patterns that are as easy to track as the planets’ paths, says Malcolm Bucholtz, who trades in the financial markets using technical charts, esoteric mathematics and astrology.

The end of paper money? Europe hit by gold rush as crisis worsens

Amid unstable financial times and economic woes, gold is once again a safe haven for European investors.

Gold stocks to surge as much as 90% in 2013: fund manager

Gold will surge to new highs this year, a push upward that will cause a big rally in the depressed shares of precious metals miners, says John Hathaway, portfolio manager at New-York based Tocqueville gold fund.

Gold prices expected to rise in 2013; could hit $2,200

Gold price targets of $2,000 an ounce and even higher are in sight as the global financial crisis and geopolitical concerns continue to foster short and long-term demand for precious metals.

Gold prices dive

Gold prices dived Tuesday to 1,684/oz at 12:15 ET as fiscal cliff talks continued ahead of the holiday week.

Gold volatility is extremely low — Davies

Hinde Capital CEO Ltd. and manager of the Hinde Gold Fund, Ben Davies, says gold's recent decline is over and claims the market will continue to stabilize from here.

Gold retreats from 6-1/2 month high as dollar firms

Gold prices eased nearly 1 percent on Monday, pulling back from the previous session's 6-1/2 month high, as the dollar rose and assets seen as higher risk, like stocks, the euro and other commodities like crude oil, retreated.

Gold hits best levels in 3-months and silver through $35

Precious metals prices rose further Thursday morning in London, pushing higher from last night's sharp jump in New York, with Dollar-priced gold trading at its highest level since mid-November at above $1780 per ounce.

Gold and silver's daily review for 26th January 2011

Gold bounced off the low $1,320 while the euro continued to rise.