De Beers finds diamonds aren't forever
The firm once synonymous with the gem trade has seen profits crash 99% as consumers recoil from luxury purchasesThe diamond industry has been hamme...
Date: Sat, 05 Dec 2009 18:34:20 -0600 Source: Guardian Unlimited: Business
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Weak dollar may feed inflation in GCC
Middle East Online The sliding dollar may spur inflation in energy-rich Gulf states whose currencies are pegged to the greenback,...
Date: Sat, 05 Dec 2009 16:56:51 -0600 Source: Bahrain Power
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Gold rally takes a breather
The price of the yellow metal crashes Rs 500 on Saturday, adding to the 3.34% fall in last 2 days.
Date: Sat, 05 Dec 2009 12:02:28 -0600 Source: Business Standard: Markets
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Dollar Rally Erases Gain in Commodities, Stocks Trim Advance
NEW YORK, Dec 4 (Reuters) - U.S. gold futures dropped below $1,200 an ounce in heavy trade on Friday, losing more than 2 percent as a surprisingly ...
Date: Sat, 05 Dec 2009 11:52:01 -0600 Source: NewsFeed Researcher Digests - Business
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Stimulus exit has to be graded: Gokarn
The Reserve Bank Deputy Governor Subir Gokarn said on Saturday that exiting from the accommodative money policy has to be a gradual process and can...
Date: Sat, 05 Dec 2009 06:56:05 -0600 Source: Deccan Herald: Business
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Dollar’s rise takes the shine out of gold
One goes up, one goes down. The dollar’s rise sent gold prices tumbling to their biggest drop in a year. The shares of Barrick Gold Corp. and...
Date: Sat, 05 Dec 2009 04:55:37 -0600 Source: Boston Globe: Business
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Gold nosedives on heavy selling
Gold prices nosedived by a whopping Rs 500 per ten grams to Rs 17,600, the steepest fall ever since the yellow metal started its record breaking jo...
Date: Sat, 05 Dec 2009 04:20:47 -0600 Source: Times Of India: Business
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Gold falls as rising U.S. dollar prompts sales
LONDON -- Gold fell for the first time this week in New York as the U.S. dollar's decline halted, prompting some investors to sell the metal after ...
Date: Sat, 05 Dec 2009 00:35:49 -0600 Source: St Louis Star: US Business News
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Gold Tumbles Most in a Year as Dollar Rally Prompts Some Investors to Sell
Gold dropped the most in a year as arising dollar prompted some investors to sell bullion on theheels of a rally to an all-time high.
Date: Fri, 04 Dec 2009 19:26:09 -0600 Source: Bloomberg: Financial News, Australia & New Zealand
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Gold Suffers its Biggest Daily Drop in a Year as the Dollar Surges
Gold has benefited from three independent functions over the past few months (speculative asset, inflation hedge and dollar counterpart); but a rel...
Date: Fri, 04 Dec 2009 18:49:12 -0600 Source: Currency Trading News by DailyFX
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Barrick Gold to work on mine despite court ruling
Global mining giant Barrick Gold Corp. will continue work on a massive gold mine project in northeast Nevada even though the U.S. Court of Appeals
Date: Fri, 04 Dec 2009 18:23:44 -0600 Source: eTaiwanNews.com/Business
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Barrick Gold to work on mine despite court ruling (AP)
Global mining giant Barrick Gold Corp. will continue work on a massive gold mine project in Nevada even though a U.S. court of appeals ordered more...
Date: Fri, 04 Dec 2009 18:20:36 -0600 Source: Yahoo! Finance: Commodities News
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Gold declines 5% as dollar rises 1.3%
BLOOMBERG
SEATTLE Gold fell for the first time this week, heading for the biggest drop in a year, as a rising dollar spurred some investors to se...
Date: Fri, 04 Dec 2009 17:36:53 -0600 Source: Qatar Tribune - Economy
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Barrick Gold evaluates impact of US court ruling on its mine in Nevada
Date: Fri, 04 Dec 2009 16:54:57 -0600 Source: StarTribune: Business
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Matthew Casey: Getting credit where credit isn’t due
Editor’s note: This is the first of a two-part series on the American credit card industry.
As we continue to muddle throug...
Date: Fri, 04 Dec 2009 16:53:11 -0600 Source: Granite Falls Advocate Tribune | Business
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Ensurge, Inc. Commences Phase One of Its New Business Operations
CLARK COUNTY, Nev., Dec. 4 /PRNewswire/ -- Ensurge, Inc. announced today that is has commenced phase one of its new business operations in the mini...
Date: Fri, 04 Dec 2009 16:19:00 -0600 Source: PR Newswire: Banking/Financial Services
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Gold heading for biggest drop in year
Gold fell for the first time this week, heading for the biggest drop in a year, as a rising dollar spurred some investors to sell bullion on the he...
Date: Fri, 04 Dec 2009 15:12:31 -0600 Source: Oklahoma Star.com - Breaking Business News
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U.S. markets end in positive; Dollar rallies
FXstreet.com (Córdoba) – Stocks ended with gains on Friday but far form the highs. The employment report boosted equities but the fall in gold and ...
Date: Fri, 04 Dec 2009 15:11:00 -0600 Source: fxstreet: futures news
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Gold Slumps to One-week Low as Dollar Surges on Job Data
Gold futures on the COMEX Division of the New York Mercantile Exchange saw the biggest decline in almost one year, and plummeted to a one-week low ...
Date: Fri, 04 Dec 2009 15:05:54 -0600 Source: Hispanic Business News
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The Ups and Ups of Gold Ownership
What have we got today?
The Dow fell 86 points. Oil slipped to $76. Gold rose $5.30.
Does gold do anything but rise? It goes up when the news is ...
Date: Fri, 04 Dec 2009 15:00:12 -0600 Source: The Daily Reckoning
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The Higher They Fly... Gold Drops Nearly 5%
As the trading week draws to a close, gold is registering heavily in the red as the USD carry trade has unwinded dramatically on the powerful emplo...
Date: Fri, 04 Dec 2009 15:00:57 -0600 Source: IBTimes.com - Markets
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Barry Allan: Stage Is Set for Stellar Silver Performance
Gold's recorded a powerful upward sprint this year. The first quarter—historically a tough period for gold—is around the corner. Research Capital's...
Date: Fri, 04 Dec 2009 14:13:45 -0600 Source: GoldSeek.com News
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Canada Stocks Post Biggest Drop Among Developed Markets on Gold Retreat
Canadian stocks retreated after anunexpected decline in U.S. unemployment spurred a rally in thedollar and drove bullion prices lower by the most s...
Date: Fri, 04 Dec 2009 14:09:46 -0600 Source: Bloomberg: Market News
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Barrick Nevada Mine Must Undergo Environmental Review, Appeals Court Rules
Barrick Gold Corp. may be forced tostop mining a deposit in Nevada, a lawyer said, after an appealscourt ruled that the company and the U.S. govern...
Date: Fri, 04 Dec 2009 13:37:11 -0600 Source: Bloomberg: Financial News, Commodities
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ITH's Coffee Dome Drilling Intersects Gold System 17 Kilometres East of Fort Knox Mine, Alaska
Date: Fri, 04 Dec 2009 13:33:11 -0600 Source: Stockhouse Canada
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Recovery Still Moving Ahead
U.S. Review Recovery Still Moving Ahead Improvement in headline economic reports on manufacturing and employment suggest continued economic growth....
Date: Fri, 04 Dec 2009 13:17:07 -0600 Source: fxstreet: futures news
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Gold ETF tumbles on record trading volume
BOSTON (MarketWatch) -- A huge exchange-traded fund that holds gold bullion was down 5% Friday afternoon on record trading volume as the precious m...
Date: Fri, 04 Dec 2009 13:06:00 -0600 Source: CBS MarketWatch.com - MarketPulse
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The golden gobble: will emerging central banks drive gold up?
The final analysis: Outlook for the metal remains strong, but don?t go overweight.
Date: Fri, 04 Dec 2009 13:01:00 -0600 Source: The National Newspaper | Personal Finance
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Slow Motion Depression
Early this week, the world’s largest central bank, the Federal Reserve, announced plans to exit its monetary stimulus efforts. It unveiled a new to...
Date: Fri, 04 Dec 2009 13:00:07 -0600 Source: The Daily Reckoning
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Compass Gold to acquire stake in Mali gold projects
The Canadian Press -VANCOUVER, B.C. - Compass Gold Corporation (TSXV:CVB.H), a junior Vancouver miner, says it has entered into an option deal to a...
Date: Fri, 04 Dec 2009 12:29:00 -0600 Source: Yahoo! Canada Finance
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Metals drag Canadian stocks down as gold tumbles
NEW YORK (MarketWatch) -- Canadian stocks fell Friday, dragged by mining and metals shares as gold prices tumbled more than 4%, dragged down by a s...
Date: Fri, 04 Dec 2009 12:16:52 -0600 Source: Oklahoma Star.com - Breaking Business News
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Hourly Action In Gold From Trader Dan
Dear CIGAs,
We are certainly living in a strange world when the payroll numbers can induce comments such as the following from a market analyst at...
Date: Fri, 04 Dec 2009 12:02:00 -0600 Source: Jim Sinclair's MineSet
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Barrick shrugs off Cortez setback
Global mining giant Barrick Gold Corp. will continue work on its new $500 million US Cortez Hills mine in Nevada even though the U.S. Court of Appe...
Date: Fri, 04 Dec 2009 11:56:33 -0600 Source: CBC.ca: Business
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Gold tumbles as dollar surges after positive data
NEW YORK (MarketWatch) -- Gold futures tumbled 4% Friday, sustaining their first major loss in a robust run since the beginning of November, as the...
Date: Fri, 04 Dec 2009 11:51:31 -0600 Source: CBS MarketWatch.com - MarketPulse
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Canadian Stocks Post Biggest Drop Among Developed Markets on Gold's Plunge
Canadian stocks retreated after an
unexpected decline in the U.S. unemployment rate drove bullion
prices lower by the most in a year, dragging down...
Date: Fri, 04 Dec 2009 11:48:06 -0600 Source: Bloomberg: Top Worldwide
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Gold Falls as Dollar Gain Prompts Sales After Rally to Record
Gold price rose to 1201.63 U.S. dollars on London Bullion Market on Wednesday, whereas in the New York Mercantile Exchange, February gold futures c...
Date: Fri, 04 Dec 2009 11:41:38 -0600 Source: NewsFeed Researcher Digests - Business
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Gold Gets Hammered on Jobs Data
Is Bernanke still trapped if the unemployment rate has suddenly started to fall? The gold market, the bond market and Fed funds futures are all rea...
Date: Fri, 04 Dec 2009 11:09:14 -0600 Source: SeekingAlpha Gold Stocks
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British Airways soars, while US jobs prompt FTSE turnaround
British Airways shares have taken off after a couple of upbeat analyst notes following this week's passenger traffic figures.Citigroup raised its t...
Date: Fri, 04 Dec 2009 11:08:59 -0600 Source: Guardian Unlimited: Business
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Barrick receives Appeals Court setback on Cortez Hills gold project
Barrick Gold is having to consider how to proceed with operations at its Cortez Hills gold mine following an Appeals Court decision demanding more ...
Date: Fri, 04 Dec 2009 10:56:25 -0600 Source: Mineweb
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Barrick shares plunge on Nevada mine ruling
Reuters - TORONTO (Reuters) - Shares of Barrick Gold fell 8.5 percent on Friday on fears that a U.S. court decision could derail the ramp up of its...
Date: Fri, 04 Dec 2009 10:43:00 -0600 Source: Yahoo! Canada Finance
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China's Yuan Poised for `Out-of-Consensus' Strength, Bank of America Says
China’s yuan may strengthen againstthe dollar in the first quarter of 2010 as higher commodityprices and “liquidity trends” boost...
Date: Fri, 04 Dec 2009 10:41:10 -0600 Source: Bloomberg: Financial News, China
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VHGI Gold Contracts for Treasure Gulch Development Work & Retains Stock Analyst; VHGI Clarifies Potential Asset Sale (PR Newswire)
Virtual Health Technologies, Inc. announced today that development studies were underway at the Treasure Gulch Gold Mine and confirmed that an anal...
Date: Fri, 04 Dec 2009 10:39:55 -0600 Source: Yahoo! Finance: Mergers & Aquisitions News
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TSX falls as gold prices weigh
Canada's main stock index plunged deep into negative territory Friday morning after a fall in gold prices hit mining stocks. The S&P/TSX composite...
Date: Fri, 04 Dec 2009 10:02:50 -0600 Source: St Louis Star: Breaking Business News
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Gold prices fall 4%
Gold prices fell off their record highs on Friday, falling 4% after a better-than-expected report about the job market lifted investor confidence. ...
Date: Fri, 04 Dec 2009 10:00:00 -0600 Source: LexisNexis: Business/Financial News
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Forex: EUR/USD: Euro dips below 1.4900
FXstreet.com (Córdoba) – The Euro is falling further against the Dollar. EUR/USD tumbled to 1.4870 posting the lowest price in a week and currently...
Date: Fri, 04 Dec 2009 09:42:00 -0600 Source: fxstreet: futures news
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Rio Tinto to focus Carbon Capture and Storage investment on California project
Rio Tinto said today that it will be focussing the majority of its investment in carbon capture and storage (CCS) technology on the Hydrogen Energy...
Date: Fri, 04 Dec 2009 09:39:07 -0600 Source: WebWire® - Oil/Energy
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Barrick Mine in Nevada Must Undergo Environmental Review, U.S. Court Says
Barrick Gold Corp., the world’sbiggest gold-mining company, must provide further analysis ofthe environmental impact of a $500 million mine i...
Date: Fri, 04 Dec 2009 09:31:46 -0600 Source: Bloomberg: Financial News, Canada
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Japanese Canaries in a US Economic Coal Mine
Yesterday I told you how the overnight markets were selling dollars, and the NY traders were buying them, causing these swings in the currencies. T...
Date: Fri, 04 Dec 2009 09:09:25 -0600 Source: The Daily Reckoning
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VHGI Gold Contracts for Treasure Gulch Development Work & Retains Stock Analyst; VHGI Clarifies Potential Asset Sale
Virtual Health Technologies, Inc. (OTC Bulletin Board: VHGI) announced today that development studies were underway at the Treasure Gulch Gold Mine...
Date: Fri, 04 Dec 2009 09:01:00 -0600 Source: Bradenton Herald: Personal Finance
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Goldminer in China talks on Talisman
Exploration company Heritage Gold is talking to potential joint-venture partners in China to develop the historic Talisman mine.Heritage has been g...
Date: Fri, 04 Dec 2009 09:00:16 -0600 Source: The New Zealand Herald: Business
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