Rising Rupee Is Making Gold More Attractive In India – World Gold Council

The effect of climbing gold prices is diminished by rising rupee in India, which is creating opportunities for gold buyers who are looking for a good deal, this according to World Gold Council’s managing director for India, Somasundaram PR.

Looking For Gold: Iceland To Search For Precious Metal In Geothermal Areas

Iceland Resources is embarking on a search for gold in Icelandic geothermal areas with a two-year investment of about $1 million, Iceland Monitor reported.

Gold Extends Losses After Beige Book

Gold settled lower on Wednesday, extending its decline following the release of a “moderately” positive Federal Reserve’s Beige Book.

Gold Down On Profit Taking, Bearish Outside Market Forces

Gold prices were ending the U.S. day session lower Wednesday. Risk aversion in the world marketplace has receded a bit at mid-week and that’s a negative for the safe-haven metal.

Fear Driving Markets, Just Look At Gold’s Premium Over Platinum Right Now

Gold’s more than $300 premium over platinum is another example that fear and uncertainty is driving demand in the marketplace, according to the latest report from OptionsXpress.

Where is Gold Headed? VOTE NOW!

(Kitco News) – Where do you think gold prices are going next week? Vote now in the Kitco News Wall Street vs Main Street weekly gold survey.

Risks Events Need To Evolve Into Something Bigger For Gold To Sustain Its Gains – CRU

(Kitco News) – There are enough isolated risk events on the horizon to keep gold supported in the short term and could eventually drive prices through $1,300 an ounce, but if these events don’t pan out, prices could end the year back near at $1,200 an ounce, according to one precious-metals analyst.

Gold Extends Early Losses As U.S. Stocks and Greenback Rally

Gold prices are trading solidly lower and near their daily lows in late-morning dealings Wednesday.

Price Group’s Flynn: Gold Eases With Reduced Geopolitical Worries

Comex gold has given up some of its prior gains on profit-taking after an easing of geopolitical concerns, says Phil Flynn

Roxgold: 1Q Gold Output Totals 35,594 Ounces

Roxgold Inc. (TSX: ROXG), which achieved commercial production in October at its flagship Yaramoko Gold Mine in Burkina Faso, reports first-quarter gold production of35,594 ounces.

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