precious metals news
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Column: Soybeans shoot higher
São Paulo :: Brazil | 22 hours ago
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This week, July soybeans shot up 45 cents (+ 3.2 percent), reaching $14.47 per bushel on Friday morning. Many farmers are holding onto their remaining soybeans, waiting for higher prices before they sell off the rest of last fall's crop, which is
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UPDATE: Stronger Dollar, Technical Weakness Push Gold Futures To Six-Week Low
New York City :: NY :: USA | 23 hours ago
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Stronger Dollar, Technical Weakness Push Gold Futures To Six-Week Low ( Kitco News ) - A stronger U.S. dollar, continued exchange-traded-fund redemptions, worries about when the Federal Open Market Committee may scale back quantitative easing and
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Gold Selloff Deepens; Metal on Track for 26-Month Low
Singapore :: Singapore | 1 day ago
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Gold for June delivery was recently down $27.20, or 2%, at $1,359.70 a troy ounce on the Comex division of the New York Mercantile Exchange. The contract traded as low as $1,358.90 an ounce, below the April 15 settlement price of $1,361.10 a troy
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Gold demand to remain high: WGC
Mumbai :: India | 1 day ago
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C "W e believe demand will be robust in the second quarter as well, as the drop in price of gold has only increased the appetite. Also, in the April-June quarter last year, there was a strike by jewellers," Somasundaram P R, managing director-India,
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Demand for gold at record high in Q1
Shanghai :: China | 2 days ago
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Gold jewelry demand in China surged to a record quarterly value of 60.3 billion yuan ($9.8 billion), the council said. Traditional Spring Festival-related gold buying and gifting was augmented by a rebound in sentiment regarding the strength of the
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Gold futures falls for a sixth straight day
Nicosia :: Cyprus | 2 days ago
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This The price of gold is falling for a sixth day after billionaire investor George Soros cut his holdings in the precious metal...Soros disclosed in a regulatory filing late Wednesday that he reduced his holdings in an exchange-traded gold fund by
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The most affordable U.S. precious metals ETFs
Singapore :: Singapore | 2 days ago
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EDT Gold (Getty Images/iStockphoto) Since the first exchange-traded fund was introduced 20 years ago, the ETF industry has grown into a trillion-dollar business. Today's traders and investors have access to an increasing number of ETFs, offering
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Gold slips below $1,400; buying in India comes to a halt
New York City :: NY :: USA | 3 days ago
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Analysts expect the fall below the psychologically significant $1,400 level could be a trigger for further heavy selling. Gold slid below $1,400 an ounce on Wednesday, losing two percent and hitting its lowest in nearly a month as a record rally in
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South Africa: Anglo American Platinum Announces Revised Proposals to Create a Sustainable, Competitive and Profitable Platinum Business
Rustenburg :: South Africa | 4 days ago
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Johannesburg In January 2013, Anglo American Platinum Limited ("Anglo American Platinum" or "the Company") announced its proposals to create a sustainable, competitive and profitable platinum business for the long term benefit of all its stakeholders.
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Silver Prices: The Best is Yet to Come
Baltimore :: MD :: USA | 5 days ago
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I find myself reminiscing about April 2011 when the white metal ended the month at a sterling $48.70 an ounce after hitting an all-time intraday high of $49.51. That record surpassed the previous high of $49.45 set three decades earlier when the
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