Colombia to purchase gold from informal miners
COLOMBIA will begin buying gold directly from small-scale producers next month in an effort to combat illegal mining and formalise a booming unregulated sector...
Gold below $4,000 described as healthy correction
GOLD prices fell beneath $4,000 per ounce this week which industry figures said was a necessary correction as the metal's rally had driven lately...
Gold forecast to surpass $4,000 in 2026
ANALYSTS predict gold's rally will persist into next year, with prices averaging above $4,000 per ounce for the first time as economic uncertainty and...
Gold traders make a fortune amid hiring surge
A SCRAMBLE for experienced gold traders is underway among commodity houses, hedge funds and banks as precious metals attract unprecedented interest, said Bloomberg News....
Harmony Gold seals $1.01bn MAC Copper acquisition
HARMONY Gold on Friday announced it had concluded the $1.01bn accquisition of MAC Copper, a New York-listed company which operates the 41,000-ton-a-year CSA copper...
Gold trade to enter period of investor-driven volatility
GOLD'S extraordinary ascent has entered a new phase marked by heightened volatility as speculators increasingly drive price movements, said Reuters on Thursday.
The newswire added,...
Gold rout extended but tipped to regain momentum
GOLD extended losses in volatile trading following its worst rout in more than 12 years, though analysts expect the metal to regain momentum in...
London bullion chief seeks gold futures revival
THE new chair of the London Bullion Market Association has urged the revival of gold futures trading in the UK despite earlier failed attempts...
Mali resumes production at seized Barrick gold mine
OPERATIONS have restarted at Barrick Mining Corp.'s Loulo-Gounkoto gold mine in Mali following a nine-month shutdown, said Bloomberg News which cited unnamed sources.
The Canadian...
Gold falls most in 12 years after record run
GOLD suffered its steepest decline in 12 years on Tuesday, retreating sharply after an extended rally pushed bullion to consecutive all-time highs.
Gold plummeted as...