3:19 p.m. Today - By Claudia Assis
Gold for August delivery settled $4, or 0.3%, higher at $1,542.70 an ounce on the Comex division of the New York Mercantile Exchange, breaking a two-day losing streak. Inflation fears are one of the pillars ofgold investing, as the metal is seen as the ultimate storer of wealth.
1:57 p.m. Today - By Carla Mozee
LOS ANGELES (MarketWatch) -- Gold futures closed higher Thursday, supported by inflation concerns in Europe, as well as worries about inflationary pressures from an extended rise in crude-oil prices. Gold for August delivery rose $4, or 0.3%, to $1,542.70 an ounce on the Comex division of the New York Mercantile Exchange.
August gold closes $4 higher at $1,542.70/oz
1:45 p.m. Today
August gold closes $4 higher at $1,542.70/oz
1:43 p.m. Today - By Austen Sherman
In Canada, the S&P/TSX Capped Materials Index was the biggest gainer, rising 1.8% as goldfutures advanced. Gold rebounded from a decline on Wednesday, rising 0.6% to $1,548.30 per ounce.
August gold up $6.60, or 0.4%, at $1,545.30
11:23 a.m. Today
August gold up $6.60, or 0.4%, at $1,545.30
Gold futures gain more ground to top $1,545/oz
11:23 a.m. Today
Gold futures gain more ground to top $1,545/oz
10:52 a.m. Today - By Austen Sherman
The S&P/TSX Capped Materials Index was up 1.3%, with Kinross Gold Corp. rising 3.1%, while the S&P/TSX Capped Energy Index gained 0.3%, with Canadian Oil Sands Ltd. up 1
10:15 a.m. Today - By Tom Bemis
Chevron up 3%; Stocks rise in U.S.. By Tom Bemis 6/9/2011 10:15:00 AM Stocks rose Thursday morning in New York with shares of Chevron Corp. and Verizon Communications Inc. in focus. The markets are trying to end a protracted slump that's seen six
9:31 a.m. Today - By Claudia Assis
SAN FRANCISCO (MarketWatch) -- Gold futures shook off weakness in Asian trading hours to turn modestly higher Thursday, gathering some steam after European leaders signaled a possible interest-rate increase on inflation concerns. Gold for August delivery added $1.10 to $1,539.80 an ounce on the Comex division of the New York Mercantile Exchange.
Gold trades higher after ECB signals rate increase
9:24 a.m. Today
Gold trades higher after ECB signals rate increase
8:44 a.m. Today - By MarketWatch
Metals Stocks: Gold logs 2nd losing session in a row Gold futures dropped more than $5 an ounce to log their second losing session in a row as traders considered dollar movement and Fed chief Bernanke’s acknowledgment of slow U.S. growth.
11:08 p.m. June 8, 2011 - MarketWatch
TOKYO (MarketWatch) -- Sumitomo Metal Mining Co. (5713.TO) and Sumitomo Corp. (8053.TO) said Thursday that test drilling has confirmed deposits of gold, silver and antimony at their jointly held Monte Cristo mine in Alaska. Sumitomo Metal Mining, which operates the Pogo gold mine in Alaska about 60 kilometer west of the Monte Cristo mine, is aiming for annual gold production of 30 tons under its mid-term business goal.
8:04 p.m. June 8, 2011 - By Virginia M. Harrison
SYDNEY(MarketWatch) -- Australian gold producer Newcrest Mining Ltd. has cut full year production guidance due to a power failure at its mine in Papua New Guinea and other site disruptions, the firm said in a statement Thursday. Full year gold production is forecast at 2.7 million ounces, down from 2.82 million ounces, while copper production and cost guidances are unaffected, Newcrest said.
8:17 p.m. June 8, 2011 - By Sarah Turner
Gold mining firm Newcrest Mining Ltd. lost 1.9% after downgrading production guidance.
6:05 p.m. June 8, 2011 - By MarketWatch
Among all the gold timers tracked by the Hulbert Financial Digest, regardless of performance, the consensus view right now is that gold should be avoided.
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