News // Metal market
Polyus Gold said Tuesday that it canceled a planned merger with KazakhGold Group that would have given it a main London listing, amid shareholder conflicts, a lawsuit and a criminal investigation
28 October 2010 , 15:27The Moscow Times24740
Gold was steady on Tuesday as investors turned focus on expectations of more monetary easing by the Federal Reserve, and physical buyers were on the sidelines awaiting a clear direction on prices
26 October 2010 , 11:06Reuters19250
Gold hit its lowest in more than two weeks in Europe on Friday as the dollar strengthened amid caution ahead of this weekend's G20 meeting, at which officials will seek ways to tackle currency imbalances
22 October 2010 , 16:03Reuters17970
Gold declined after U.S. Treasury Secretary Timothy F. Geithner said that the major currencies are “roughly in alignment,” boosting the dollar and curbing demand for the precious metal as a haven
21 October 2010 , 11:26Bloomberg33570
Gold held steady on Wednesday, after falling nearly three percent in the previous session following China's surprise interest rate hike, and prices are supported by bargain-seeker
20 October 2010 , 08:05Reuters12560
Gold was steady on Tuesday,but gains are likely to be capped by a stabilising dollar, after Treasury Secretary Timothy Geithner said the United States would not engage in dollar devaluation
19 October 2010 , 08:29Reuters22230
Gold fell nearly one percent on Monday, weighed down by a rebound in the dollar, after Federal Reserve Chairman Bernanke on Friday gave few details of the much-anticipated easing move being weighed by the central bank
18 October 2010 , 10:12Reuters14780
Gold was steady on Friday, pausing from a record-breaking rally on a stronger dollar,
and as investors await U.S. economic data and a speech from Federal Reserve Chairman
Ben Bernanke for cues on monetary policy
15 October 2010 , 08:55Reuters14790
Gold rose to its highest in nearly a week on Wednesday, lifted by broad weakness in the dollar after the minutes of the U.S. Federal Reserve's last meeting suggested officials were ready to prop up the economy
14 October 2010 , 11:00Reuters14490
Gold prices fell half a percent on Tuesday, pressured by a rebound in the dollar, and gold might enter a phase of consolidation after record-breaking rally
12 October 2010 , 12:15Reuters16230
In September this year Seattle-based Spectral Capital Corporation announced that a definitive agreement has been executed between the Company and Gamma Investment Holdings Ltd for a 47% interest in mineral properties located in the Chita Region of the Russian Federation. The mineral properties are primarily intended for the extraction of gold and other valuable metals.
11 October 2010 , 00:08BSR Russia32000
Gold rose to a record in London and New York, and silver extended gains to a 30-year high, on speculation that government spending and low interest rates to revive economic growth will weaken currencies and boost demand for precious metals as an alternative asset.
06 October 2010 , 16:44Bloomberg14930
Gold dropped on Monday as it record rally paused thanks to a stronger dollar and promising U.S. housing data, but renewed financial worries in some euro zone countries provided underlying support.
05 October 2010 , 08:08Reuters13300
JPMorgan has reopened an underground gold vault in New York that was mothballed in the 1990s, in the latest sign of the soaring appetite for bullion.
04 October 2010 , 10:06Financial Times18520
Gold, little changed, may decline after reaching a record on five consecutive days last week on investor demand for an alternative to the weakening dollar.
04 October 2010 , 09:44Bloomberg21310
The price of gold will rise to $1,450 a troy ounce in the next year, according to a poll of bankers, producers and analysts attending the London Bullion Market Association conference in Berlin, the biggest gathering of the precious metal’s industry.
30 September 2010 , 16:06Financial Times24730
Europe’s central banks halt gold sales
28 September 2010 , 10:51Financial Times16990
Shareholders of Kazakh gold miner KazakhGold Group Ltd have approved a merger with parent company Polyus Gold, Russia's top gold producer, KazakhGold said on Tuesday.
28 July 2010 , 09:31RIA Novosti20250
Russian steel makers have not fully complied with instructions given by Prime Minister Vladimir Putin to move to long-term contracts with consumers due to a fall in metals prices since May, Kommersant business daily said on Friday.
23 July 2010 , 10:33RIA Novosti25270
Kazakhstan on Monday annulled the sale of shares in KazakhGold to Polyus Gold, putting in jeopardy plans for a merger of the two groups to create a gold-mining giant.
13 July 2010 , 10:04Reuters17940