Gold Jumps After U.S. Launches Military Strikes Against Assad Airbase in Syria
Gold prices jumped above key levels following U.S. military strikes against a Syrian airbase controlled by President Bashar al-Assad.
Read moreRio Tinto To Fight $337 Million Australian Tax Bill
Australian Taxation Office (ATO) has slapped mining giant Rio Tinto (NYSE: RIO) with an additional $337 million tax bill over transfer pricing of commodities to its Singapore marketing hub.
Read moreGold Up On Some Safe-Haven Demand
Gold prices ended the U.S. day session moderately higher Thursday.
Read moreYukon Gearing Up For Another Gold Rush As Majors Stake Their Claims
(Kitco News) – More than 100 years after the original gold rush that put the Yukon on the map, Canada’s western territory is gearing up for what some are expecting will be another important era in the region’s gold production.
FXTM’s Otunuga: Uncertainties Keeping Gold Underpinned
Gold is holding up despite bearish news Wednesday in the form of a strong ADP private-sector jobs report and hawkishly construed minutes of the last meeting of the Federal Open Market Committee
Read moreGold Holding Gains Despite 25K Drop In Weekly Jobless Claims
(Kitco News) – Gold is unchanged and holding on to recent gains despite the government’s announcement Thursday that initial weekly U.S. jobless claims fell 25,000 to a seasonally adjusted 234,000 last week, relatively in line with expectations.
Shandong Gold Acquires 50% Of Barrick’s Veladero Mine
Barrick Gold Corp. (NYSE, TSX: ABX) will sell a 50% stake in its Veladero mine in Argentina to Shandong Gold Mining Co., Ltd. for $960 million, the company announced Thursday.
Read moreGold Up Amid Some Keener Risk Aversion In Markets
Gold prices are moderately higher in early U.S. trading Wednesday.
Read morePink Star Diamond Sells For Record Price In Hong Kong
A breathtaking 59.6 carat diamond known as the ‘Pink Star’ was sold for a record price of $71 million at a Sotheby’s auction in Hong Kong, following a failed attempt to sell it three years ago.
Turkish Gold Imports Jump 17-Fold Ahead Of Referendum
Turkey’s gold imports increased by 17 times in March compared to a year ago, reaching 28.2 tonnes, amid political uncertainty and rising demand for the yellow metal ahead of the country’s upcoming constitutional referendum on April 16.