Search results: price of gold

Gold prices eased on today and were hovering close to a two-week low touched in the previous session as increasing signals that an interim trade deal could be reached soon buoyed riskier assets and the U.S....

Gold edged higher through the early European session on Tuesday and is currently placed near the top end of its daily trading range, around the $1458-59 region.A combination of supporting factors helped the precious metal to reverse...

Caledonia Mining says production at Blanket Mine rose over 7% in its latest quarter, despite power outages and rising costs.In the three months to September, gold output dipped 2.4% year-on-year to 13,646 ounces, held back by...

Zimbabwe may have lost between 30 tonnes and 34 tonnes of gold to smuggling in neighbouring South Africa due to unfriendly mining policies that need urgent addressing, a government minister has said.The development comes at a...

TWO mine workers have been arrested for allegedly robbing a Gwanda businessman of R27 400, $900, 35 grammes of gold and mercury after ambushing a taxi he had hired to take him home.Lawrence Sibanda (30) from...

The gold bulls are back, predicting a price of $1 700 an ounce and higher in early 2020.This month gold rallied to its highest level in six years, ranging between $1 480/oz and $1 510/oz. Standard...

China has added more than 100 tonnes of gold to its reserves since it resumed buying in December, reinforcing its standing as one of the major official accumulators as central banks stock up on the precious...

Gold prices yesterday held on to the previous session’s gains, as fading hopes for progress in US — China trade talks hit risk appetite, while markets also awaited clues on monetary easing by the US Federal...

Gold slipped by 1 percent to a one-week low last Friday and was heading for its worst week in six-months as investors sought safety in the US dollar, lifting the currency to multi-week highs.A stronger dollar...

Economic experts have laid out that small scale and artisanal miners will not deliver their gold production to Fidelity Printers and Refineries due to lack of trust.Rudairo Dickson MapurangaSpeaking to Mining Zimbabwe an economic expert who...

A CHINESE firm, Livetouch Investments, in partnership with the Zimbabwe Miners Federation (ZMF) plans to invest US$2 million is setting-up a gold service centre and purchasing of mining equipment for use by small-scale miners in Matobo...

The recent announcement of 100% local payment system had miners outraged. Miners were lamenting for price hikes from US$55/RTGS45 to at least US$80%/20% rtgs and being hit by a 100% local currency payment that's losing value...