Post by Coins and Collectibles.
Archive for Gold Prices Online
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Falling gold prices are beginning to impact the gold mining sector in a big way. Newcrest Mining Ltd.'s decision to write down the value of its mines by as much as A$ 6 billion ($ 5.5 billion) will lead to […] ↓ Read the rest of this entry…
Comments Off on Ron Paul: Gold Price Could Go to 'Infinity'
SYDNEY/TORONTO, June 10 (Reuters) – The pain is not likely to be over for investors in mining shares after the steepest drop in gold prices in a generation led to a $ 6 billion asset writedown at Australia's Newcrest Mining, […] ↓ Read the rest of this entry…
Comments Off on Miners may take more hits from weak gold prices after Newcrest
HYDERABAD: With the drop in gold prices, jewellery stores are reporting a heavy demand for gold coins in Hyderabad. In fact, many say that gold coin denominations of 2, 5 and 10 grams have fast dwindled ever since prices of […] ↓ Read the rest of this entry…
Comments Off on Gold rush among people causes coins to vanish from Osmania
SAN FRANCISCO (MarketWatch) — Prices for gold settled lower on Monday, as strength in the dollar and worries that the U.S. Federal Reserve will ease back on its easy monetary policy helped fuel a third straight session decline for the […] ↓ Read the rest of this entry…
Comments Off on Gold futures end lower for third straight session
It may be too early to conclude that the recent fall in gold prices will have a positive impact on the yawning current account deficit, an HSBC report has said. This is because the high price sensitivity of demand may […] ↓ Read the rest of this entry…
Comments Off on Don't rejoice just yet. Falling gold prices may not reduce CAD
In a special interview with Ajeet Kumar of Zeebiz.com, T Gnanasekar, Director Comtrendz, shares his views on gold price outlook, investment demand and various other aspects. Q. We are currently in a down-trending precious metals market. Will the …See all […] ↓ Read the rest of this entry…
Comments Off on Gold prices at a risk of prolonged downturn