Gold production at US mines down 6 pct in Feb.
Average price of gold in February was $1,631.93, down from $114.78 a year ago.
Latest Stories
Miners rally after finally catching up with good news from China
But gold producers miss out again.
Four reasons for the gold sell-off: Jim Rogers
Jimmy offers up his reasons for the gold price decline.
Illegal rare earth production in China keeps global prices low: vice-minister
Rare earth's are 'strategic' metals, used in smart phones, electric cars, and military equipment.
RED HOT: Copper price rallies 6.8%
Copper led a rally in base metals on Friday after good economic news in the US, growth stimulus in the EU and a global stock market rally.
Freeport’s Indonesian miners end strike, Aussies told to avoid travelling there
Workers at Freeport’s Grasberg mine ended strike, but Australian government tell citizen to avoid travelling to the area where the mine is located.
Gold coins a safer, more valuable investment: CME Group
CEO Terrence Duffy says the current market situation is pushing people to invest on “tangible, real” gold.
Glencore Xstrata up on first day of trading after merger
The newly combined company’s stock price rose over 4%
Arizona governor vetoes gold and silver as legal tender
Jan Brewer said approving the measure could cause the state to lose tax revenue.
