Copper $ 5.6358 / lb 2.72%
Brent Crude Oil $ 104.4 / bbl -4.21%
Palladium $ 1496.5 / ozt 5.39%
Crude Oil $ 101.85 / bbl -3.06%
Natural Gas $ 2.89 / Btu 0.10%
Silver Futures $ 75.495 / ozt 7.47%
Aluminum Futures $ 3314.25 / ton -1.21%
Micro Gold Futures $ 4713.1 / ozt 3.80%
Micro Silver Futures $ 75.48 / ozt 7.54%
Platinum $ 1973.85 / ozt 4.22%
Gold Futures $ 4713.3 / ozt 3.84%
Go to MDC Markets

Pacific Group hedge fund buys gold with one-third of its assets

Kerry Hall | January 22, 2013 | 7:46 pm Precious Metals China Gold 

Hong Kong-based asset manager The Pacific Group Ltd. announced plans to buy physical gold with one-third of its hedge-fund assets as traders bet on price increases due to governments issuing more money to pay debts, reports Bloomberg. The company plans...

Mining.com Recommends