Search results: price of gold

On Wednesday, platinum futures was in retreat again, sliding to $832 an ounce after a new study predicted the largest market surplus in at least six years for 2019. In January the precious metal dropped to...

Gold prices inched up today, after recovering from a more than five-week low in the previous session, supported by a pause in global equities’ rally, while a firmer dollar curbed gains.Spot gold was up 0.2 percent...

Gold steadies today, but hovering near a five-week low touched in the previous session, as rising U.S. Treasury yields boosted the dollar.Spot gold crept up 0.2 percent to $1,288.87 per ounce as of 0336 GMT, after...

Gold prices today held near two-week lows touched in the previous session as the dollar rebounded after cautious comments from U.S. Trade Representative Robert Lighthizer stoked concerns over progress in U.S.-China trade talks.Spot gold was down...

Gold prices were steady on Wednesday as the dollar stood near a three-week low after the Federal Reserve’s chairman reiterated the U.S. central bank would stay patient on further interest rate hikes, while palladium hovered near...

Gold was trading below the previous session’s 10-month peak yesterday as the dollar gained after minutes from the last US Federal Reserve meeting rekindled expectations of another rate hike this year. Investors were also keeping a...

African miner Petra Diamonds named a new chief executive on Monday as it works to cut debt and generate free cash flow after first-half core earnings were hit by lower diamond prices.The news helped lift its...

Canada’s Barrick Gold TSX:ABX)(NYSE:GOLD), which completed its $5.4 billion merger with Africa-focused Randgold Resources at the start of the year, reported Wednesday a loss for its fourth quarter, due partly to issues at two mines in South America.The world’s top...

Gold’s allure shows no sign of waning as Asian consumers don more jewelry, investors spurn currencies and Swiss vaults bulge with the alternative investment, top gold executives said at the Reuters Mining Summit this week.“People are...

Gold was trading close to a more than one-week low yesterday weighed by a stronger dollar but uncertainties around the Sino-US trade spat and concerns about slowing global growth supported the metal above the key $1,300...

South Africa’s biggest gold producer would consider buying more assets in the country after paying off debt from previous acquisitions.Sibanye Gold Ltd. hasn’t discussed deals, but AngloGold Ashanti Ltd.’s Mponeng mine and Gold Fields Ltd.’s troubled...

SMALL-SCALE miners have set a target of producing 50 tonnes of gold this year after successfully surpassing their mark last year.Zimbabwe Miners’ Federation (ZMF) general council chairman, Mr Makumba Nyenje, said the small scale miners were...