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  • July 13, 2014
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Results 1 - 8 of 8 for precious metals

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  1. Business - Commodities - GOLD

    Chinese mothers beat Wall Street to force gold price rebound

    Posted May 03rd 2013, 12:00am by Enoch Yiu, Daniel Ren

    ... selling the precious metal in the hope of pushing it lower. "The drop in gold price last month was caused by Wall Street fund managers who wanted to short gold and push it below the US$1,300 ... gold buyers worldwide, such as pensioners, retail investors and jewellery makers, apart from Asian mothers, all rushed to buy gold after the metal dropped 9.1 per cent on April 15, its biggest ...

  2. Business - Commodities - GOLD

    Low gold price spells lacklustre profit outlook for Zijin

    Posted Apr 11th 2014, 10:44am by Eric Ng

    ... the Fujian-based metals miner and refiner had a string of new projects in the pipeline to help offset a decline in output from its Zijinshan mine, which is nearing the end of its life, their high ... BLACKROCK "Zijin is expected to be able to maintain gold output at 33 to 34 tonnes in the next few years even as Zijinshan's output dries up in 2018. The concern is if metal prices stay ...

  3. Business - Commodities - GOLD

    Gold loses shine, heads for biggest loss since 1920

    Posted Jun 27th 2013, 12:00am by BLOOM

    ... to the highest in almost five years and consumer confidence climbed, data showed. About US$60 billion was wiped from the value of precious metals exchange-traded product holdings this year as some ... August 24, 2010, in London. Bullion for August delivery dropped 3.2 per cent to US$1,234.30 in New York. The metal pared earlier declines after a report showed the US economy expanded less than ...

  4. Business - Commodities - GOLD

    China gold demand to slow from April surge amid decline in gift buying

    Posted Jun 01st 2013, 12:00am by Bloomberg

    ... made from the precious metal in the nation is 24 carat, the council said. "Although physical demand for gold remains strong, in our opinion this can't be relied on to provide ... run in 2012 and as some investors lost faith in the metal as a store of value. Gold takes centre stage in weddings in the mainland in the form of jewellery and other gifts as a promise ...

  5. Business - Commodities - GOLD

    End of a long bullion run?

    Posted Jan 17th 2013, 12:00am by BLOOM

    ... the start of January and the MSCI All-Country World Index of equities added 3.1 per cent. A Bank of America index shows Treasuries lost 0.4 per cent. The top six gold and precious-metals analysts ... inflation and currency devaluation. Danske and Credit Suisse predict lower prices in 2014 as economic growth curbs demand for the metal as a protector of wealth while UniCredit says record-low ...

  6. Business - Commodities - GOLD

    China's gold consumption poised to surpass India's this year

    Posted Jun 21st 2013, 12:00am by BLOOM

    ... and Beijing made investing easier, the China Gold Association said. China approved its first two domestic exchange-traded products backed by the metal this month while India raised levies to curb ... this year amid concern the US Federal Reserve may rein in stimulus that helped it cap a 12-year bull run last year and as investors reduced holdings in exchange-traded products backed by the metal ...

  7. Business - Commodities - GOLD

    Quantitative easing does little to boost gold prices

    Posted Jan 28th 2013, 12:00am by DILIP PARAMESWARAN

    ... of the stock of gold held by investors around the world. Which means any price move in the metal is driven by sentiment, not annual supply and demand. Sentiment is a fickle thing. Investors cannot ...

  8. Business - Money - GOLD

    Core holding in portfolio should always be bullion

    Posted Nov 26th 2012, 12:00am by John Cremer

    ... to emphasise, the yellow metal should not simply be seen as a safe haven when other asset classes are heading south. No matter the economic climate, gold makes sense as a core holding in any investment ...



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