Posts Tagged ‘monday’

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Gold futures lower on improved U.S. economy, Greece

Forexpros - Gold futures fell for the second day Monday, on Greek default concerns and an improving U.S. economy. Full story

Newcrest Mining’s qtr gold production falls 20 pct

Dented by heavy rains in Papua New Guinea and lower ore grades, the company reported a 20% fall in quarterly production Monday, in line with its recent forecast. Full story

Volta extends gold mineralization northwards at Kiaka gold project

Volta Resources (TSE:VTR) Monday announced drill results from nine holes as part of its on-going phase 3 program at its flagship Kiaka gold project in Burkina Faso. Volta said that the nine holes, comprising a total of 3,589.2 metres, confirm the... Full story

Gold back above $1,640/oz as euro, stocks recover

Gold rose back above $1,640 an ounce in Europe on Monday as it took advantage of a rising euro and a recovery in stock markets which took some downward pressure off prices. Full story

Gold recovers from early lows on softening dollar

Gold prices in Europe were up from earlier lows of $1,604.44/oz on Monday as a retreat in the U.S. dollar took some early pressure off the metal. Full story

Silver falls Rs 50 gold holds steady

Starting the week on a bearish note on Monday by extending losses for the second straight session, silver fell Rs 50 to Rs 52,500 a kg on sustained selling by stockists on subdued demand. However, gold held steady at Rs 28,040 per 10 grams in restricted... Full story

Gold falls 2.5 pct, extends losses after Fed

* Gold hits 7-week lows, largest 2-day loss in 3 months * No new FOMC stimulus, weak U.S. Full story

Chalice puts Eritrea gold project on chopping block

TSX- and ASX-quoted Chalice Gold Mines said on Monday it signed a nonbinding agreement to sell its Zara project in Eritrea, the East African State that the UN slapped with further sanctions last week. Full story

Comex Gold Ends Solidly Higher On Bargain Hunting, Weaker U.S. Dollar, General Rally in Commodities

Comex December gold futures prices ended the U.S. day session solidly higher Monday on bargain hunting and short covering following selling pressure seen last week. Full story

Gold One takeover deal in home stretch

Gold One International shareholders who choose to cash in on a takeover offer from a Chinese consortium would bag their returns before Christmas, after the offer on Monday became unconditional. Full story
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