Gold news |
Gold Poised to Snap Four Weeks of Gains; Mideast Concerns Ease July 21 (Bloomberg) -- Gold headed for its first weekly decline in five as some investors bet a rally was exaggerated given the diminishing prospects for an escalation of violence in the Middle East. Gold rises on fears Israel will send forces into Lebanon NEW YORK (MarketWatch) -- Gold futures rose early Friday, as speculation that Israels planning a ground invasion of Lebanon refueled safe-haven demand for the precious metal. Gold, platinum pressured by profit-takin Profit-taking sent gold and platinum futures lower in New York Thursday, traders and analysts said. Gold bars just a whisker from crooks grasp IT WAS to be the Great Gold Heist - 605 kilograms of bullion worth $14 million. But first, the fraudsters had to steal the 13-storey Australian Rugby House to bankroll their brazen crime. - Global Gold wants talks over disputed Kyrgyz mine BISHKEK, July 21 (Reuters) - Austrian-based private equity vehicle Global Gold GmbH is ready for talks with Britains Oxus Gold Plc to buy its equipment and assets at a disputed gold deposit in Kyrgyzstan, a company official said on Friday. South Africa: Weaker Rand, Stronger Gold Price Set to Lift SA Miners A STRONGER gold price in the June quarter has set the stage for South African gold miners to report an improvement on the March quarters profits if they manage to maintain production volumes and grades. Gold Showing Weakness Gold is showing weakness despite the tension in the Middle East. As a matter of fact, Gold is showing very few signs of short term strength, which I’ll describe in a moment. Gold seeing sizable decline on RTS RBC, 21.07.2006, Moscow 17:26:16. Gold is falling on the RTS today, having slid by more than 2 percent since the opening of todays trading session. The last August futures contract was concluded at USD630.80 per ounce as of 4:05 p.m., which is 2.13 percent lower than yesterdays closing price. Gold ignores weak dollar, falls almost 2 pct SINGAPORE, July 21 (Reuters) - Gold shrugged off a weaker U.S. dollar to fall nearly 2 percent on Friday, on a sustained sell-off from the metals recent rises. Gold rises on weak dollar; oil at $74 LONDON - Gold edged higher on Friday, firming against a weaker dollar, while oil steadied around $74 a barrel on hopes of a diplomatic solution to the Middle East crisis. |
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