Latest news on ‘Metals & Mining’
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Gold Advances to Two-Month High on Haven Demand Amid Global Equity Slump
Bloomberg – Gold futures rose to a two-month high as slumping global equity markets boosted the appeal of bullion for investors seeking a haven.
The MSCI World Index of stocks has [...] -
Canadian Resources Income Trust Declares Monthly Distribution
TORONTO – CNW – The Board of Directors of CaRIT Limited in its capacity as Trustee for Canadian Resources Income Trust (”CaRIT” or the “Trust”) has declared a cash distribution [...]
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Chinese court sentences US geologist to 8 years
BEIJING (AP) — An American geologist held by Chinese state security agents who stubbed lit cigarettes on his arms was sentenced to eight years in prison Monday for gathering data [...]
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Miners break ranks to attack PM Julia Gillard’s new tax plans
AUSTRALIA’S junior miners attacked the Gillard government’s new tax plans, after being left out of the deal agreed with the big miners.
The world’s largest miners today celebrated their win in [...] -
Gold Prices Top Record, Break $1,260
NEW YORK (TheStreet ) – Gold prices hit a new record high Friday as investors fled into gold as a safe-haven asset.
Gold for August delivery was popping $12.70 to $1,261.40 [...] -
Bernanke Says Gold, Commodities Conflict on Inflation
(Bloomberg) – U.S. Federal Reserve Chairman Ben S. Bernanke said gold prices, which surged to a record yesterday, are sending a different signal on inflation than raw materials.
“Other commodity prices [...] -
Gold Prices Popping Higher
NEW YORK (TheStreet ) – Gold prices were popping Tuesday as spooked investors bought gold as a safety net against geopolitical unrest and a falling euro.
Gold for August delivery, the [...] -
Why I Don’t Trust Gold
by Brett Arends of the Wall Street Journal
This is a very sad day for me.
In Part One of this series, when I argued that gold might be about to [...] -
Gold Prices Rise Amid Jittery Markets
NEW YORK (TheStreet) – Gold prices Monday were rising as investors opted for the safety of the precious
metal and sold out of stocks to buy gold.
Gold for June delivery was [...] -
Stocks, Commodities Slide on German Restrictions; Euro Rebounds
(Bloomberg) – Stocks and commodities slid and Treasury 10-year note yields neared the lowest level of the year after Germany banned some bearish bets against government bonds and banks. The [...]
