Gold

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How to invest in gold and make profits - Gold prices now

Saturday, October 7, 2017

From Dollar to Monsoon: Factors That Affect Gold Prices

Gold prices have fallen from dizzying highs on global cues. HT explains the factors that influence its prices and its linkages to the dollar and monsoon in India.Why do people invest in gold?Gold is one of the several assets that people invest in. Unlike equities or bank deposits, gold is a physical...

Germany -- For the great many Germans who still rue the day they had to trade their deutsche marks for euros, there has been at least one consolation. If the common currency did not work out, Germany still had huge reserves of the hardest currency of all - - gold.Except, many people learned...

A timeline of the precious metal's effects on the world - from gold rush to gold standard.- 5500-2500 BC Gold is first discovered in the later part of the Stone Age, probably in Mesopotamia.- 3000 BC Gold rings are used for payments in Egypt.- 650 BC The Lydian Lion - a bean-shaped gold piece...

Surprising Gold Market Boosts Mining Stocks

They expected its price to continue drifting lower because of the mild inflation outlook and growing bullion production.``Everybody assumed it would just keep going down and down and down. But it didn't,'' said Frederic S. Bogart, head of precious metals for the Republic National Bank of New York.Instead,...

THE GOLD mining sector was "under water" and its troubles, with so many factors weighing against it, were just beginning, Gold Fields chief executive Nick Holland said last week."As of today, gold is at $1 300 [R13 000] an ounce and the gold industry is under water. The global gold industry is...

Rumblings of lockouts by gold sector employers and resolutions to strike by trade unions culminated in a firm commitment to do battle by both parties as the deadline for a wage deal expired at noon yesterday."This is it. This is our final offer, we cannot afford an increase," Harmony Gold chief...