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Results 1 - 5 of 5 for cyprus

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  1. News - World - FINANCE

    Cyprus gold sale sparks sell-off of metal, in what could be tipping point for bullion

    Posted Apr 14th 2013, 12:00am by AGENCIES

    ... Cyprus sell-off fears send gold price tumbling The price of gold fell to its lowest level in more than 18 months amid fears that sales of the precious metal forced on Cyprus by its desperate ... an ounce for the first time since July 2011 in anticipation that Cyprus would raise £400 million (HK$4.8 billion) by offloading some of its reserves. Share prices also fell on the major European ...

    http://www.scmp.com/news/world/article/1214039/cyprus-gold-sale-sparks-sell-metal-what-could-be-tipping-point-bullion
  2. Business - Comment - MONITOR

    New arguments for gold sound like the old story warmed up

    Posted Mar 20th 2013, 12:00am by Tom Holland

    ... ordered depositors in Cyprus to take a €5.8 billion haircut on their accounts will only burnish gold's standing as a safe-haven asset. Then there is the mounting diplomatic friction in Asia, ...

    http://www.scmp.com/business/article/1194924/new-arguments-gold-sound-old-story-warmed
  3. Business - Money - TALKING POINTS

    The weight of paper

    Posted Apr 29th 2013, 12:00am by STEFAN HOFER

    ... Bank seems to have printed enough euros and bought enough bonds to convince investors that Greece, Spain, Italy and company will not spiral into insolvency. The Cyprus drama was a case in point. Even when the headlines were at their most hysterical, investors barely blinked. Cyprus did not incite fresh rounds of euro-zone panic. Investors have been taking all this in. Essentially ...

    http://www.scmp.com/business/money/money-news/article/1225512/weight-paper
  4. Business - Commodities - RESOURCES

    Gold claws back ground as Asian buyers step in

    Posted Apr 20th 2013, 12:00am by Bloomberg

    ... sessions, including Monday, on growing optimism that an economic recovery in the United States will curb appetite for the precious metal as a haven. Prices also dropped on concern Cyprus may lead ...

    http://www.scmp.com/business/commodities/article/1218738/gold-claws-back-ground-asian-buyers-step
  5. Business - Commodities - INVESTING

    Hunt for bargains after gold price falls the most since 1983

    Posted Apr 17th 2013, 12:00am by Charlotte So, Daniel Ren, Jeanny Yu, Celine Sun

    ... global economy has dampened the appeal of commodities. Troubled Cyprus could also sell its gold reserves and other nations might follow. Still, bottom-fishing on gold is risky. "It's ...

    http://www.scmp.com/business/commodities/article/1216339/shoppers-hunt-bargains-after-gold-price-falls-most-1983

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