gold Archive

  • On the news that Fitch Ratings downgraded the credit ratings of Italy and Spain Friday, gold fell $10.80 or 0.7% per troy ounce on the Comex division of the New York Mercantile Exchange to trade at $1642.40. The Wall Street Journal explains that gold slipped into the red after the credit downgrades stoked investor concern over the state of Europe’s...

    Gold Goes Down After Europe Downgrades

    On the news that Fitch Ratings downgraded the credit ratings of Italy and Spain Friday, gold fell $10.80 or 0.7% per troy ounce on the Comex division of the New York Mercantile Exchange to trade at $1642.40. The Wall Street Journal explains that gold slipped into the red after the credit downgrades stoked investor concern over the state of Europe’s...

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  • The mining bill the Indian Cabinet is considering includes provisions that will allow large foreign players to invest in the exploration of minerals. Under the Indian definition, this includes precious metals such as gold, silver and diamonds. Historically, large exploration companies have been unable to mine in India without guaranteeing that it will invest in exploration for a minimum period...

    India Mining Bill Welcomes Precious Metal Exploration Companies

    The mining bill the Indian Cabinet is considering includes provisions that will allow large foreign players to invest in the exploration of minerals. Under the Indian definition, this includes precious metals such as gold, silver and diamonds. Historically, large exploration companies have been unable to mine in India without guaranteeing that it will invest in exploration for a minimum period...

    Continue Reading...