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Archive: October 2014


Gold Erased 2014 Gains as Silver Slumps to 55-Month Low

The more the U.S. economy improves, the worse things get for gold. Bullion fell below $1,200 an ounce today, erasing its gains for the year, after the government reported that …

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Gold Sharply Lower in Aftermath of Hawkish FOMC, Rallying Greenback; Silver Sinks to 4-Year Low

Gold prices ended the U.S. day session sharply lower and hit a three-week low Thursday. Precious metals have been hit hard by a stronger U.S. dollar and a surprisingly hawkish …

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Long-Term Lower Gold Supply To Help Gold Prices – Goldcorp’s Chuck Jeannes

Goldcorp Inc. (TSX:G)(NYSE:GG) is bullish on longer-term gold prices, and it’s not based on what the Fed may or may not do, said a Goldcorp executive. Speaking on the company’s …

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Freeport 3Q Earnings Decline On Weaker Prices; Gold Output Tops Forecast

Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) Tuesday reported third-quarter net income of $552 million, or 53 cents per share, down from $821 million, or 79 cents, in the same …

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Gold Ends Steady-Firm; Focus On FOMC Statement Wed. P.M.

Gold prices ended the U.S. day session steady to modestly higher Tuesday. Some technical selling pressure hit the futures market as the session progressed. However, the cash (spot) market remained …

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Sydney.Gold.Traders.News.Why Silver and Gold Are the GOOD NEWS Metals

Why Silver and Gold Are the GOOD NEWS Metals

Analysts and some precious metals’ sellers tend to focus on the “insurance” aspect of owning precious metals. They point out that having some in your possession helps protect your wealth …

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Shop attendant shows 24K gold bracelets inside jewellery store in Hong Kong

Know how your gold value is determined before you decided to sell your gold

Three variables affect the amount a seller might get for scrap gold: The item’s gold purity Its weight Gold’s daily spot price on the stock market. The item’s gold purity …

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Gold, platinum prices take hit from dollar correction – BULLION LATEST

Gold prices have handed back this week’s gains on Thursday after corrections in the dollar weighted on sentiment, forcing both the yellow metal and platinum into negative territory. The spot …

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Gold Slumps as U.S. Stock Market Surges, U.S. Dollar Strengthens

Gold prices ended the U.S. day session solidly lower Thursday, on more profit taking from the shorter-term futures traders and on a weakening near-term technical posture that prompted chart-based selling. …

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Huge Gold Nugget Going Up For Sale In California

SAN FRANCISCO (AP) — One of the biggest gold nuggets found in modern times in Northern California’s historic Gold Country is going up for sale. Weighing in at 6.07 pounds, …

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