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Commodities: Gold assaults $1100, firmer in Europe

admin — Wed, 31 Mar 2010 15:02:00 +0000

FXstreet.com – Gold bullion continues to trade horizontally, managed to take some strength in the European session. The precious metal was able to assault $1110 and successfully rebreach, extending gains as high as $1111.50 before easing.
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Commodities: Gold assaults $1100, firmer in Europe

Gold and Dow Trading In a Congestion Zone

admin — Wed, 31 Mar 2010 15:02:00 +0000

Editor’s Note: Chris Vermeulen is founder of the trading site TheGoldAndOilGuy.com. There he shares his highly successful low-risk trading method. Vermeulen has been a leader in teaching others to skillfully trade in gold silver oil and the indexes in
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Gold and Dow Trading In a Congestion Zone

Wesizwe Platinum wants to build new mine now to ‘catch recovery’

admin — Wed, 31 Mar 2010 15:01:00 +0000

JOHANNESBURG ( miningweekly.com) – The management of JSE-listed Wesizwe Platinum is turning its back on its former sell, defer and self-fund options for the promising Frischgewaagd-Ledig platinum mine project and is instead recommending the finding of
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Wesizwe Platinum wants to build new mine now to ‘catch recovery’

A new face among the top five global platinum miners

admin — Wed, 31 Mar 2010 15:01:00 +0000

Anooraq muscles up to move into the global top five platinum miners within five years.
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A new face among the top five global platinum miners

Toronto gold quoted at C$1,131 bid, $1,132 asked in mid-morning trading

admin — Wed, 31 Mar 2010 14:55:00 +0000

TORONTO – Gold was quoted at C$1,131 bid (US$1,116) and C$1,132 asked (US$1,117) in mid-morning trading Wednesday by Travelex Canada Ltd., a major
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Toronto gold quoted at C$1,131 bid, $1,132 asked in mid-morning trading

OceanaGold closes out hedgebook to create 100 pct unhedged gold producer

admin — Wed, 31 Mar 2010 14:48:00 +0000

MELBOURNE, Australia, March 31 /CNW/ – OceanaGold Corporation (ASX: OGC, TSX: OGC, NZX: OGC) (the “Company”) is pleased to announce that the Company has successfully closed out all remaining hedge facilities resulting in the Company immediately becoming
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OceanaGold closes out hedgebook to create 100 pct unhedged gold producer

Gold Drops on Bets Dollar Will Go Higher, Curbing Metal Demand

admin — Wed, 31 Mar 2010 05:19:00 +0000

March 30 — Gold fell, halting a three-session rally, on speculation that a rebounding dollar will curb demand for the metal as an alternative investment.
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Gold Drops on Bets Dollar Will Go Higher, Curbing Metal Demand

Is it the right time to buy gold

admin — Wed, 31 Mar 2010 05:10:00 +0000

1. A wipeout may be coming. A stock market wipeout. To get a real wipeout, you need to have a convergence of a number of major fundamental events. The factors are not exactly in place for a wipeout, but they are moving quickly towards that scenario.
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Is it the right time to buy gold

Are Platinum ETFs Putting a Chink in Gold’s Armor

admin — Mon, 29 Mar 2010 09:06:00 +0000

Tom Lydon submits: Gold ETFs were all the rage… until physically-backed platinum ETFs came along. Many investors are now considering whether it makes more sense to use platinum in their portfolios the way gold has historically been used.Does platinum make more sense than gold? While gold has time and major performances on its side, platinum even more rare and every bit as attractive. While gold is popularly used in wiring, platinum is even more versatile on the industrial front. Among other things, it’s used in automotive catalytic converters and LCD TV screens, reports Christopher Helman for Forbes.

Britain strikes gold again with £40m lotto jackpot

admin — Sat, 27 Mar 2010 01:57:00 +0000

A British ticket holder scooped a £39.7million jackpot in the EuroMillions draw, the National Lottery said last night.
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Britain strikes gold again with £40m lotto jackpot