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Gold futures climbed to a new high Thursday, giving another nudge to the gold rush on Main Street as some people scramble to turn in their old jewelry for cash.
Derek Jeter sure is stuffing his trophy case this year. The steady Yankees shortstop won his fourth Gold Glove on Tuesday, joining New York first baseman Mark Teixeira among the American League players rewarded for fantastic fielding.
The soaring price of gold added luster to third-quarter earnings at Barrick Gold Corp. and Newmont Mining Corp. sending their stocks higher Thursday.
Barrick Gold Corp. took a $5.7 billion charge in the third quarter stemming from the Toronto-based gold producer's decision to eliminate all its gold hedges.
Barrick Gold Corp. on Thursday reported a third-quarter loss of $5.35 billion on a huge charge related to the unwinding of gold hedges which had committed it to sell gold at prices that now seem unusually cheap.
U.S. mining company Gold Reserve Inc. said Tuesday that President Hugo Chavez's government has seized control of its lucrative Venezuelan gold mine as socialist authorities assert control over the nation's mineral resources.
Glittering bait for the well-heeled shopper: Harrods department store has added gold bars to its merchandise line.
Gold's image may be changing as its price settles in above $1,000 an ounce and continues to set records.
Barrick Gold is snapping up mining assets with its excess cash, inking a $465 million cash deal to buy a gold and copper project from a unit of Xstrata.
It's an unprecedented find that could revolutionize ideas about medieval England's Germanic rulers: An amateur treasure-hunter searching a farmer's field with a metal detector unearthed a huge collection of Anglo-Saxon gold and silver artifacts.
The Anglo-Saxons were a group of Germanic tribes who gradually invaded England starting in the 5th century in the wake of the collapse of the Roman Empire. Originally, they came from what is now the coastal region of northwest Germany.
The International Monetary Fund approved on Friday the sale of a limited amount of its gold to help provide loans to poor countries and shore up its finances.
Barrick Gold Corp., the world's biggest gold producer, said Tuesday it plans to eliminate all of its gold hedges and raise $3 billion in a share offering to help pay for the move.
Barrick Gold Corp., the world's biggest gold producer, on Tuesday agreed to sell silver reserves from four of its mines to Silver Wheaton Corp. in a deal worth $625 million.
Canada's Eldorado Gold Corp. said Wednesday it has agreed to swap about $1.8 billion in stock for all remaining shares of Australia's Sino Gold Mining Ltd., one of the largest gold mining groups in China.
Small-scale miners still drawn to California to chase dreams of striking it rich will have to find their gold nuggets the old-fashioned way for awhile, with shovels and pans.
Barrick Gold Corp., the world's leading gold producer, reported a slight increase in second-quarter profit despite a jump in costs as it produced more gold that fetched a higher average price.
It's a novel twist on the vending machine: in go the coins, out comes a nugget of gold. TG-Gold-Super-Markt, a company based in Reutlingen, southwestern Germany, is developing a machine to dispense pieces of gold as small as one gram in ornamental boxes for about euro30 ($42).
Investors flocked to gold during the first three months of the year amid wild swings in the stock market and the global economic slump, according to a report released Wednesday.
Michael Phelps made his return to the pool Friday, finishing second in his 200m freestyle heat at the U.S. Grand Prix event in Charlotte, N.C. It is Phelps' first competition since Beijing.
Prosecutors say a suburban New York woman stole $12 million in gold over six years from the jewelry manufacturer where she worked.
As the director of the Colorado Springs Pioneers Museum, Matt Mayberry tends to take the long view, a fact that helps explain why he believes a tanking economy can be a boon to travel.
There really is a pot of gold. It belongs to the International Monetary Fund — $95 billion worth. And poor nations are chasing after it.
The TV commercials make it sound easy: Gather your unwanted gold jewelry, mail it away and get cash in return. But police say thieves also see the ads and are exploiting mail-in jewelry businesses as an easy way to sell stolen goods.
Ancient Human Metropolis Found in Africahey have always been there. People noticed them before. But no one could remember who made them -- or why? Until just recently, no one even knew how many there were.
Rare earth metals in N.S. - Nova Scotia News - TheChronicleHerald.caCould rare metals in Nova Scotia be a hidden boom about to explode?
The exhibition of more than one thousand gold objects celebrates the sophisticated cultures that existed in the Philippines before colonization in the 16th century.
Full circle: India buys 200 tons gold from Interational Monetary FundMore than 18 years after New Delhi pawned 67 tons of gold to tide over a balance of payments crisis, the Reserve Bank of TwitterFacebookShare EmailPrintSaveComment India has bought thrice that amount of gold from the International Monetary Fund to diversify its assets.
Another apology. This time for kids shipped from Britain to coloniesLovely cartoon. Prime Minister Kevin Rudd issued a ... apology Monday to ... British children shipped to Australia with the promise of a better life, only to suffer abuse and neglect thousands of miles from home. At a ceremony ...
US thieves nabbed – Indians households targetted for goldLaw has finally caught up with a ring of picky burglars who had been targeting South Asian families in a Washington DC neighbourhood for their gold. Indian American residents of Fairfax, a suburb of the national capital in neighbouring Virginia, expressed relief as the police …
Uncle Sam sitting on a goldmineBy David Goldman, CNNMoney.com staff writer Last Updated: November 12, 2009: 11:58 AM ET
Gold Futures Rise to Record on Speculation Dollar Will Decline Gold futures are rising dramatically as Central Banks are starting to loose confidence in the dollar and hedging with gold purchases. This is an incredibly bad sign for confidence in the future of the US dollar.
Cashing in on a new gold rushThe price of the precious metal is soaring, hitting a record $1,119 an ounce on Wednesday — confounding market analysts who thought there was no way gold would remain so expensive when it first cracked the unheard-of $1,000 mark last year.
Barrick shuts hedge book as world gold supply runs out - TelegraphThis is a double "oh-@!$%#" moment. We should see Gold shoot up and our dollars drop to nothing.
Grumpy Editor yesterday pointed out that Google Maps' recent placement of a new key Nevada city --- labeled Rochester --- between Las Vegas and Henderson turned out to be a phantom site. There is no such place.
New California gold rush thwarted by migrating salmonThe price of gold has soared from $660 (£400) an ounce two years ago to more than $1,000 (£610) today and the number of federal licenses issued to mining companies in California has jumped by 50 per cent. Membership in the Gold Prospectors Association of America has tripled, t …
Gold hits record high on India purchaseGold prices on Tuesday surged to an all-time high after India's central bank bought 200 tonnes of the precious metal, swapping dollars for bullion as the country's finance minister warned the economies of the US and Europe had "collapsed".
Indian Monetary Authority to buy 200 tonnes of IMF goldRBI's decision to shore up its gold reserves needs to be seen in the context of other central banks across the globe increasing their gold reserves.
Bill Clinton unveils statue of himself in Kosovo Thousands of ethnic Albanians braved low temperatures and a cold wind in Kosovo's capital Pristina to watch Bill Clinton, the former US president, unveil a golden statue of himself on Sunday.
George Soros: China Will Lead New World OrderBillionaire globalist George Soros told the Financial Times during an interview that China will supplant the United States as the leader of the new world order and that America should not resist the country's decline as the dollar weakens, living standards drop, and a new globa …
Lady of Pacopampa: A woman born to ruleHe is certain that the girl born 3000 years ago was destined from birth to be the leader of their society, something that did indeed happen when she reached adulthood.
Leavenworth woman robbed of gold mouthpieceLeavenworth police are investigating a report that several women mugged a woman and then forcibly removed a gold and diamond mouthpiece that had been cemented to her teeth.
Award Winning Holiday Lodges In Porthtowan, Rosehill LodgesRosehill Lodges scoop top prize for sustainability at glittering event at the Headland Hotel, Newquay, Cornwall. Presented by Visit Britain, the Cornwall Tourism Awards celebrate the best of the Cornish Tourism industry.
This is part II of my article on the myth of a strong economic recovery, as both the mainstream media and financial media (for the most part, now really part of the mainstream media) misreport the economic news--after misreporting the economic news exactly the opposite way when a …
African governments on the improve, but corruption on the rise – UN reportAfrican nations have made marginal progress in the core areas of governance over the last four years, according to a new United Nations report, which has expressed concern over a rise in corruption in the continent's authorities in the same period.
UPDATED: The Dollar: Dive or survive? (videos) The Real News Network interviews Dr. Leo Panitch on the American dollar as the world's currency and the recent fall in its value. [HERE is part 2].
Gold Climbs to Record as Dollar, Inflation Outlook Spur Demand - Bloomberg.comGold rose to a record in New York and London on speculation that a weakening dollar and faster inflation will boost the appeal of precious metals. Platinum and palladium climbed to the highest prices in more than a year, and silver advanced to its costliest since July 2008.
Since Nixon severed gold from the greenback in 1971, the dollar's comparative value has fallen 97%. Money printing today will only hasten the currency's destruction.
Save the Greenback, Mr. President I believe the story of the dollar is one of the most under reported stories in the news. The next few months will be critical for this country and the dollar.
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