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Anglo American Platinum to implement a 3.5 billion rand ($444 million) deal

South Africa’s Anglo American Platinum (Amplats), the world’s largest platinum producer, said on Monday it would implement a 3.5 billion rand ($444 million) deal that will give 2.33 percent of…

Gold prices hovered above $1,790 on Tuesday

Gold prices hovered above $1,790 on Tuesday, after soaring more than 2 percent in the previous session, supported by safe haven demand as Italy took centre stage in the euro zone debt crisis.…

Both gold and silver kicked off the week on a strong note today

Buoyed by a firming trend overseas and rising domestic demand, both gold and silver kicked off the week on a strong note today in the bullion market here. While gold…

Gold rose to the highest in about six weeks on Monday

Gold rose to the highest in about six weeks on Monday as investors piled into the traditional safe haven asset as Europe’s debt crisis intensified on concerns about political instability…

Gold futures rose to a six-week high on Monday

Gold futures rose to a six-week high as Europe’s escalating sovereign-debt crisis spurred demand for a haven. Italian Prime Minister Silvio Berlusconi’s allies pressured him to step aside after contagion from the…

Gold futures climbed to finish above $1,790 an ounce for the first time in more than 6 weeks

Gold futures climbed Monday to finish above $1,790 an ounce for the first time in more than six weeks, buoyed by reports that Germany rejected a suggestion by the leaders…