Copper $ 5.359 / lb -2.36%
Brent Crude Oil $ 61.12 / bbl -0.78%
Palladium $ 1542.7 / ozt 0.44%
Crude Oil $ 57.44 / bbl -0.78%
Natural Gas $ 4.113 / Btu -2.79%
Silver Futures $ 62.007 / ozt -3.09%
Aluminum Futures $ 2788 / ton 0.00%
Micro Gold Futures $ 4360 / ozt 0.37%
Micro Silver Futures $ 62.007 / ozt -3.08%
Platinum $ 1762.5 / ozt 2.89%
Gold Futures $ 4328.3 / ozt 0.45%
Go to MDC Markets

Gold price hits 6-week high as hedge funds run for cover

Frik Els | April 06, 2015 | 2:38 pm Precious Metals Gold Silver 

Large scale speculators in gold futures are scrambling to cover massive short positions – bets that prices will fall – as the price of gold continues to recover from near four-year lows hit last month. On Monday gold for delivery...

Mining.com Recommends

Contest Ranking Modal BG Contest Ranking Modal BG
Contest Ranking Title

Your Rankings.

The new Mining Power Rankings are live. Vote for the sector’s leaders in each of the Large-, Small-, and Micro-Cap leagues.

Vote Now