Hedge fund manager John Paulson’s gold fund has lost 65 per cent of its worth so far this year after the portfolio declined 23 per cent last month, two people familiar with the fund said.
- Thu
- Oct 3, 2013
- Updated: 5:14pm
8 Jul 2013
A hand drill lying in the hillside tunnel of a 19th-century South African gold mine testifies to the back-breaking labour by black miners that built what was once the world’s biggest bullion...
2:12PM
4 Jul 2013
Gold edged higher for a second session on Thursday as worries over Europe and Egypt prompted safe-haven buying, but the mood remained cautious ahead of US jobs data that could determine the...
12:29PM
21 Jun 2013
The CME Group, parent of the Chicago Board of Trade, raised initial margins for Comex gold after prices plunged to their lowest in three years on Thursday.
11:48AM
1 Jun 2013
Gold has declined 16 per cent this year on concern the US Federal Reserve may rein in stimulus that helped bullion cap a 12-year bull run in 2012 and as some investors lost faith in the metal as a...
4:19AM
25 May 2013
Average daily volume was 6.5 billion yuan (HK$8.2 billion) so far this year, compared with 1.8 billion yuan for the same period last year, according to the Chinese Gold & Silver Exchange...
4:44AM
In a survey, 12 analysts expect prices to rise next week, with nine bearish and eight neutral, the highest proportion of bulls since April 26. Bullion is poised for its first weekly gain in three...
2:53AM
Chinese commodities firms are struggling to get trade loans as banks scrutinise their activities and hold back credit following Beijing’s orders to rein in currency speculation.
5:02PM
While falling gold prices have sent a flood of Chinese housewives to Causeway Bay jewellery shops to hunt for bargains, Singapore's top investment official has warned that the precious metal still...
4:36AM
The Hong Kong Mercantile Exchange's failure to come up with a viable gold futures business proved to be its undoing as it wilted under competition from more established domestic and international...
4:18AM
Gold dropped to the lowest in almost a month as filings showed that George Soros and BlackRock cut holdings of bullion-backed exchange-traded products, adding to signs that investment demand is...
4:06AM
On a conference call with investors last month, John Paulson, whose bet against the US subprime mortgage bubble in 2007 has been called "the greatest trade ever", boasted that one of his biggest...
5:23AM
3:59AM
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23 Sep 2013
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