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  1. Shining price of gold should not dazzle long-term investors

    Posted May 04th 2006, 12:00am by Tom Holland

    ... Tom Holland Gold has been a great speculative trade, but it remains a lousy investment. Yesterday, the spot price of gold rocketed to a new 25-year high, hitting US$676.75 an ounce ... physical commodity, when supply exceeds demand the price usually falls, but gold is different. The current run-up is being driven not by users of the actual metal, but by surging demand from retail ...

  2. Pacific Fair, Gold Coast, Queensland

    Posted May 28th 2006, 12:00am by Andrew Dembina

    ... Andrew Dembina Australia's Gold Coast is hardly short of shops or malls, but Pacific Fair (Hooker Boulevard; www. pacificfair.com.au) in Broadbeach- just south of Surfers Paradise- ... with a few lower-priced items: Quiksilver baseball caps are A$9. For bargains in surf-inspired and casual fashion head to Bocoo Workshop (below right; tel: 617 5572 0199), where garments are arranged ...

  3. What price gold?

    Posted Apr 03rd 2006, 12:00am by Philip Bowring

    ... of national pride- with dread. Perhaps it was the sheer dominance of Australia that fuelled its media's obsession with the local performances. Australia won about one-third of the gold medals ... resulting from medal inflation in some sports. Shooting, a sport with a tiny number of participants, had 36 golds at Melbourne, of which six were won by one person and 16 by India. Track cycling ...

  4. Golden season forecast for HK despite price retreat

    Posted Feb 02nd 2006, 12:00am by Staff Reporter

    ... Charis Yau The price of gold yesterday retreated from a 25-year high reached earlier this week, but local gold bulls said fresh highs were in store this year with some seeing magic numbers going for Hong Kong to back their faith in the yellow metal. Brushing aside a correction in the spot gold price to US$567.50 an ounce yesterday from a 25-year peak of US$572 on Tuesday, ...

  5. Zijin to double gold output after 68pc profit jump

    Posted Mar 31st 2006, 12:00am by Eric Ng

    ... to double gold output and reap increased revenues from the high price of the precious metal. The Fujian province-based company plans to produce 40 tonnes of gold, half of which will come from its ... last year to 375 tonnes, and copper reserves increased 81.1 per cent to 6.25 million tonnes. Realised gold selling price rose 8.79 per cent last year to 119.25 yuan a gram. Mr Chen said he ...

  6. Shandong Gold to buy mines with sale funds

    Posted Aug 23rd 2006, 12:00am by Carol Chan

    ... reserves by 88 tonnes and annual output by 8.234 tonnes, Shandong Gold said. Together with the asset acquired in October and assuming that the average gold price would be 160 yuan per gram, ... for the six months to June, up 65 per cent year on year amid soaring gold prices. Its shares rose 5.08 per cent yesterday to close at 28.33 yuan following the announcement. The share price has more ...

  7. Lingbao proves a gold mine for investors

    Posted Jan 13th 2006, 12:00am by Staff Reporter

    ... Charis Yau A golden debut for Lingbao Gold yesterday earned investors almost 33 per cent on their outlay after the stock- riding on gold prices touching US$550 an ounce- surged to top all gainers on the share market. The Henan gold miner, which at one point soared 50.15 per cent to $5, finished the day 32.88 per cent higher at $4.425, thanks to rising gold prices which drew strong ...

  8. Without solid underpinning gold's rise must peter out

    Posted Jan 04th 2006, 12:00am by Tom Holland

    ... Tom Holland Sentiment towards gold is running high. Its price has more than doubled over the past 51/2 years, and some bulls are predicting a new record high this year. Yet the reasons cited for its run-up look dubious. That is not deterring buyers. Gold made a glittering start to the year yesterday, with the price of the yellow metal rising by more than 1 per cent to hit ...

  9. Surging gold drives Zijin profit

    Posted Aug 08th 2006, 12:00am by Carol Chan

    ... Carol Chan Earnings at the mainland miner double as the metal price soars and production volumes increase Zijin Mining Group, China's second-largest gold miner, said its first-half profit doubled as gold prices hovered at almost 26-year highs and production volume increased. The Hong Kong-listed company said yesterday its net profit rose to 662 million yuan for the first ...

  10. Sino Gold plans US$400m HK listing

    Posted Oct 09th 2006, 12:00am by Staff Reporter

    ... cent. The price of an ounce of gold has dropped 4 per cent this month to Friday's closing price of US$574 but is still up 11 per cent this year. 'I don't expect too much downside from now,' said Kenny Tang Sing-hing, an associate director at Tung Tai Securities. 'The price of gold should be helped by the end of the rising interest rate cycle and a weakening ...




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