Gold Silver Reports — Harmony Gold Mining Co.’s long-running talks to buy AngloGold Ashanti Ltd.’s South African assets have stalled because of uncertainty over the country’s new mining regulations, according to people familiar with the matter.
Gold Forecast
Gold Price Attempts Breakout…Yet Caution Warranted
Gold Silver Reports — Since gold’s all-time high of $1,923 per ounce in September 2011, the nearly 6-year decline that this week has brought prices back to $1,270 has been broadly defined by a falling linear trend of selling pressure.
Chinese Demand for Gold Bars Climbs by Half on Hunt for Havens
Gold Silver Reports — Demand for gold bars in China, the world’s biggest bullion market, soared by more than half in the first six months of the year as investors sought a haven from financial and geopolitical risks.
Mining Giants Post Red-Hot Results in Lukewarm Gold Market
Gold Silver Reports — Four of the world’s top gold companies were in full “beats” mode in the second quarter, wringing more value out of their mines amid tepid gold prices.
Gold MCX Forecast Start Fresh Buying, Support Key at 28310
Gold Silver Reports — Technically MCX Gold is under fresh buying as market has witnessed gain in open interest by 0.24% to settled at 5965 while prices up 210 rupees.
