Quantcast 11 - Gold Newswire

Tuesday, March 22, 2016

Gold endures worst November since 1978

November 29, 2013 by · Leave a Comment 

Worst November in 35 years for gold as India’s import ban forces jump in recycling, writes Adrian Ash

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Northam Platinum to meet union as strike nears fifth week

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The National Union of Mineworkers says it will meet with management for talks as revenue losses in an almost four-week strike near R400 million.

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Vale set to cut 2014 spending in quest for profit

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Trimming investments will be Vale’s latest tactic to boost margins after selling at least $3 billion of assets this year and reducing costs by $2 billion.

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Billionaire Agarwal regrets $8bn aluminium spending

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Billionaire Anil Agarwal says he regrets investing $8 billion on an aluminium complex in India that’s faced a shortage of raw materials.

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Wherever the gold price goes, silver is sure to follow

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For a number of reasons, the supply/demand picture for silver now shares many common denominators with those of gold, says Julian Phillips.

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ASX Wrap: Whitehaven takes over henhouse, as Newcrest cash bleed continues

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Gold miners have endured a torrid week on the ASX, with Beadell Resources (-9.4%), Regis Resources (-2.2%) and Evolution Mining (-4.7%) all losing ground.

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Can’t-miss headlines: Precious, base metals climb, BCSC investor alert & more

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The latest morning headlines, top junior developments and metal price movements. Today, some strength in base and precious metal prices and the BCSC calls out one junior’s massive resource claim.

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Iran to resume gold trade with Turkey

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Iran’s ambassador to Turkey says once sanctions on Iran are eased, the gold trade will resume albeit at lower levels than last year.

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Silver may rise as moving averages converge

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A technical analysis by Korea Exchange Bank Futures suggests futures may climb to $22/oz as converging moving averages signal a short-term rebound.

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Cash is king: Asian investors look to gold coins for big returns

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Over the past two years Chinese and Indian coins have outperformed most others in the market, including US ones.

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