Gold fell to its lowest since end-December on Thursday as indications that the global economy might not be as pain-stricken as previously feared prompted investors to take risks ahead of a slew of economic data.
Live Commodity News
Gold Prices Kiss Near 3-Month Low as Easing Growth Concerns
Gold Silver Reports – Gold prices fell to a near 3-month low on Tuesday as positive economicdata from major economies stoked risk appetite, weakening demand for safe-haven bullion.
Upcoming Wedding Season To Push Gold Prices Higher
Gold Silver Reports – Trade tension between the US and China, uncertainty around Brexit and slowdown concerns have prompted investors globally to look for safe investments, one of which has traditionally been gold prices.
South African Gold Output Has Longest Losing Streak Since 2009
South African gold production shrank for a 17th straight month in February, the longest string of contractions since the financial crisis.
Gold Miner Enters into a Prepayment Deal with Citigroup
Sibanye Gold Ltd. raised $125 million by selling future gold production, the second major step by the company this week to build up cash as it faces a drawn-out labor dispute.
Does Supply and Demand Really Influence Gold Prices?
Does Supply and Demand Really Influence Gold Prices?
Gold is an enigma. Certainly, gold has practical applications. It conducts electricity, does not tarnish, can be drawn into wire and hammered into thin sheets.
