Monday, October 8, 2012

Gold Mineweb Daily News -October 8th, 2012-: Gold is not a commodity but the strongest currency of all

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TOP STORIES | Monday , 08 Oct 2012                                                     

Gold is not a commodity but the strongest currency of all

You can't value gold as a typical metal commodity - even the financial elite are beginning to recognise that its price moves more as a stable currency than as a normal commodity.    Monday , 08 Oct 2012

Gold on track for largest 2-week drop since August

The gold price peaked at $1,770.10/oz on Monday and is on track for a decline of more than 1 percent in the last two days, which will be its biggest two-day drop since August.    Monday , 08 Oct 2012

Natixis forecasts gradual decline in gold prices

Naxitis Research has forecast lower average gold and silver prices for both 2012 and 2013, partly due to a predicted shift in investor interest in precious metals.    Monday , 08 Oct 2012

Ghana's gold sparks conflict with illegal Chinese miners

As global gold prices climb amid economic uncertainty in Europe, Ghana is facing an influx of illegal small-scale Chines miners using machinery villagers say they can't afford.    Monday , 08 Oct 2012

Does Parti Québécois return to power signal the end to Quebec's mine-friendly policies?

While a PQ might tweak current policy over the longer term, it will take time says Eric Lemieux, providing plenty of time to invest in good stories. An interview with The Gold Report.    Sunday , 07 Oct 2012

Gold, mourning and dragons; from India to China

Two separate events across two of the biggest nations in the world are currently influencing the buying patterns of retail gold as well its prices on the bourses.    Friday , 05 Oct 2012

SilverCrest parlays share strength in C$30m financing

SilverCrest joins the ranks of juniors doing financings which have picked up in the last couple months.    Friday , 05 Oct 2012

Sierra Leone - looking at resources in a new light

In the last few years serious money has been flowing into Sierra Leone, and that's overwhelmingly due to one factor - mining.    Friday , 05 Oct 2012

AngloGold to wait and see if miners return

The company said Monday there was no clear indication of whether striking mineworkers at its Mponeng mine would return to work as requested.    Monday , 08 Oct 2012

10 countries with rather large gold reserves

A look at the countries with the biggest official gold holdings, as reported by the World Gold Council.    Monday , 08 Oct 2012
 

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