Posts Tagged ‘singapore’

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Demand for gold ornaments up

Demand for gold, a perennial hedge against inflation, is on the rise again. Private mints in Singapore are reporting a 20-per-cent increase in orders from jewellers and gold shops and attribute this to the upcoming Chinese New Year. Next year's zodiac is... Full story

Silvercorp Metals Inc.: Chinese law enforcement agents open criminal case to investigate creators of falsified reports

VANCOUVER, BRITISH COLUMBIA–(Marketwire -12/20/11)- Silvercorp Metals Inc. Full story

Talk of conflicts of interest as LME shareholders jockey for position in takeover battle

By buying the stake held by defunct broker MF Global, JP Morgan  has dramatically boosted its influence in the battle to acquire the London Metal Exchange. As the biggest shareholder JP Morgan now has stronger input into any changes proposed by suitors while making a tidy profit from any sale, but retains the option to team up with others to block a takeover, analysts and industry ... Full story

Selling to the rich? Look to the US not China or India

Selling to the rich? Look to the US not China or India
A new report from research firm TNS could have implications for mining. A survey of affluent households around the world — defined as greater than $100,000 — found that 80% of the world's wealthy live in Western countries. TNS's Global Affluenty Investor study conducted interviews across 24 markets including China, Brazil and India Full story

Spot gold was seen trading at $1824.05 an ounce- …more – Balkans.com

Spot gold was seen trading at $1824.05 an ounce- ...more - Balkans.com
Gold prices rebounded Thursday after an overnight dip as bargain hunters appeared on the scene, attracted by lower prices. Spot gold was seen trading at $1824.05 an ounce at 1.00 p.m Singapore time while US gold for December-delivery futures was seen Full story

PRECIOUS-Gold edges down after Obama’s jobs speech

PRECIOUS-Gold edges down after Obama's jobs speech
SINGAPORE, Sept 9 (Reuters) - Gold ticked down on Friday, having risen 3 percent in the previous session, as investors digested U.S. President Barack Obama's $447 billion jobs plan to spur growth and hiring as well as battling unemployment. Full story

Gold surges 1 per cent to record high on growth woes

Gold surges 1 per cent  to record high on growth woes
SINGAPORE - Spot gold climbed more than one per cent to a record high above $1,920 (S$2,310) on Tuesday, as concerns about a worsening euro zone debt crisis and stalled global growth drove investors out of from riskier assets to safe havens, including Full story

Gold holds steady ahead of Franco-German summit

Gold holds steady ahead of Franco-German summit
* Gold could fall to $1,750/oz - technicals * Spot platinum hits two-month high, on course for 6th day of rise * Coming up: Franco-German summit news conference; 1600 GMT (Adds details, comments; updates prices) SINGAPORE, Aug 16 (Reuters) - Spot gold Full story

Gold Peak (00040) unit GP Industries Q1 S$6M, down 33 pct

Gold Peak (00040) unit GP Industries Q1 S$6M, down 33 pct
(Infocast News) Gold Peak Industries (00040) announced that for the first quarter ended 30 June 2011, its Singapore-listed subsidiary, GP Industries Limited, had S$6.04 million profit attributable to equity holders - down 33.11% on year. In HKD, the Full story

PRECIOUS-Gold steady below record, debt worries support

PRECIOUS-Gold steady below record, debt worries support
SINGAPORE, July 19 (Reuters) - Gold held steady below its record high on Tuesday, as sentiment continued to be supported by worries about a spreading debt crisis in the euro zone and uncertainties in U.S. debt ceiling talks. Full story
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