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A collection of news and information related to Gold and Precious Material published by this site and its partners.

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    May 17, 2013 |Story| Reuters
  1. Hedge funds selling gold after propping market a month ago

    Reuters
    NEW YORK (Reuters) - Hedge funds and other big speculators in commodities have started selling gold in a big way, trade data showed on Friday, just a month after they had supported the precious metal amid a record tumble in its price. Money managers,...

    Tags: Money and Monetary Policy, Marketing, Casino and Gambling Industry, Metal, Finance

  2. May 17, 2013 |Story| KTUU
  3. Alaska Gold Miners Remain Optimistic Despite Dropping Gold Prices

    The price of gold has been dropping for six days as of Friday and local miners say the declines haven't dampened their optimism.
    Channel 2 News
    The price of gold has been dropping for six days as of Friday and local miners say the declines haven't dampened their optimism. The Alaska chapter of the Gold Prospectors Association of America spent part of Friday teaching Anchorage area sixth graders...

    Tags: Metal and Mineral, Mining

  4. May 18, 2013 |Story| Reuters
  5. Hopes fade for those still trapped in Freeport Indonesia mine

    Reuters
    JAKARTA, May 18 (Reuters) - Freeport McMoRan Copper & Gold Inc said on Saturday that rockfalls were hampering rescue efforts after a tunnel collapse four days ago at its giant Indonesian copper mine, with hopes fading of finding alive any of the 23...

    Tags: Jakarta (Indonesia), Indonesia, Physiology, Metal and Mineral

  6. May 17, 2013 |Story| Reuters
  7. GLOBAL MARKETS-US dollar soars, stocks set new highs on Fed QE exit talk

    Reuters
    * Fed's Williams says stimulus reduction could start this summer * U.S. consumer sentiment rises to nearly six-year high * U.S. dollar index hits nearly three-year high * Dow, S&P 500 surge to record closing highs By Herbert Lash NEW YORK, May 17...

    Tags: Financial Markets, European Central Bank, Stock Market, S&P 500, Dow Jones Industrial Average

  8. May 17, 2013 |Story| Reuters
  9. COMMODITIES-Up broadly on strong US economic data; gold slumps

    Reuters
    * Oil, copper up on strong US consumer sentiment, stock market * Corn up too on less sales by farmers focused on planting * Gold at 1-month low as Fed pressured to end US stimulus By Barani Krishnan NEW YORK, May 17 (Reuters) - Oil and copper prices...

    Tags: Petroleum Industry, China, Stock Market, S&P 500, Casino and Gambling Industry

  10. May 17, 2013 |Story| Reuters
  11. Hedge funds back to selling gold after propping market a month ago

    Reuters
    * Money managers pull $1.4bln from COMEX gold in May 14 week * Traders see another $200 to $300 drop in gold price By Barani Krishnan NEW YORK, May 17 (Reuters) - Hedge funds and other big speculators in commodities have started selling gold in a big...

    Tags: Money and Monetary Policy, Marketing, Metal, Finance, Economy, Business and Finance

  12. May 17, 2013 |Story| Reuters
  13. PRECIOUS-Gold hits 1-month low as Fed pressured to end stimulus

    Reuters
    * US gold futures down 1.6 pct, down 5 pct on week * Traders see more losses, could take market to 2010 level * Fed officials pressure for stimulus end, driving dollar up * Strong US consumer data, stock market weigh on gold * Palladium, platinum...

    Tags: Money and Monetary Policy, Marketing, Stock Market, Casino and Gambling Industry, Central Bank

  14. May 17, 2013 |Story| Reuters
  15. GLOBAL MARKETS-Dollar soars, stocks gain amid talk of Fed QE exit

    Reuters
    * Fed's Williams says stimulus reduction could start this summer * U.S. consumer sentiment rises to nearly six-year high * U.S. dollar index hits nearly three-year high * U.S. Treasuries prices fall further after sentiment data By Herbert Lash NEW YORK,...

    Tags: Central Bank, Consumers, Financial Markets, European Central Bank, Stock Market

  16. May 17, 2013 |Story| Reuters
  17. Dollar tops 103 yen, a 4-1/2-year high, on robust U.S. data

    Reuters
    NEW YORK (Reuters) - The dollar rallied across the board on Friday, topping the 103-yen level as it hit a 4-1/2-year high against the Japanese currency, after data showing a robust rebound in U.S. consumer sentiment prompted investors to add to bullish...

    Tags: New Products, Unemployment Benefits, Barack Obama, International Monetary Fund, Employment

  18. May 17, 2013 |Story| Reuters
  19. Gold falls to one-month low as Fed comments lift dollar

    Reuters
    LONDON (Reuters) - Gold fell for a seventh straight session on Friday, its longest losing streak in four years, as speculation that the Federal Reserve may soon rein in monetary easing lifted the dollar. Dollar strength stunted a brief rally in gold...

    Tags: South Africa, Casino and Gambling Industry, Anglo American Platinum Limited, Metal and Mineral, Foreign Exchange Market

  20. May 17, 2013 |Story| Reuters
  21. Freeport Indonesia mine should stay shut to probe tunnel collapse -union

    Reuters
    * Suspension of copper mining enters third day * Tension between union, Freeport could spook investors * Indonesia president calls for investigation By Yayat Supriatna and Michael Taylor JAKARTA, May 17 (Reuters) - Freeport McMoRan Copper & Gold Inc's...

    Tags: Jakarta (Indonesia), Susilo Bambang Yudhoyono, Casino and Gambling Industry, Indonesia, Non Ferrous Metal

  22. May 16, 2013 |Story| Reuters
  23. COMMODITIES-Most markets fall, weak US data prompts demand worry

    Reuters
    * Gold falls for sixth sessions, first time in four years * Oil gains as dollar drops after soft U.S. economic readings * U.S. drought shrinks, may be too late for some wheat crops By Carole Vaporean NEW YORK, May 16 (Reuters) - Most commodity markets...

    Tags: Money and Monetary Policy, BNP Paribas, Petroleum Industry, Upstream Oil and Gas Activities, Natural Disasters

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