International Business Times
Underground mining machine

Gold Prices Tumble To Four-Month Low

Gold prices fell to a 4-1/2-month low on Monday, hit by concerns about a worsening debt crisis in the euro zone following political deadlock in Greece which fuelled risk aversion and put pressure on the euro.

Gold bars in Hong Kong

Avion Gold Cuts Production Outlook

Avion Gold Corp lowered its production forecast for the year after it halted mill expansion plans at its Tabakoto mine in Mali due to a military coup.

AngloGold Ashanti facility in Ghana

AngloGold More Than Doubles Profit on High Gold Prices, Sees Metal Going Higher

AngloGold Ashanti Limited (NYSE: AU), the largest gold miner in Africa, said Thursday its profit more than doubled in the first quarter, when compared to year ago results, despite decreased output.

Platinum ingot

Platinum Supply Worldwide To Stay In Surplus In 2012: Report

Platinum supply worldwide is expected to remain in surplus this year, in what will be its eighth consecutive year in surplus, Thomson Reuters GFMS said Thursday.

Russia palladium

Palladium Supply Worldwide To Remain In Deficit This Year: Survey

The global supply of palladium is expected to remain in deficit this year, as it was last year, Thomson Reuters GFMS said Thursday.

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Commentaries
Eric McWhinnie

By Eric McWhinnie

Gold & Silver Decline: George Soros Nearly Quadrupled Gold Stake in Q1

Your daily recap on precious metals...

Mike Getlin

By Mike Getlin

Changing Perceptions

Only about five percent of Americans own gold. At least that’s the number according to recent estimates by the US Gold Bureau.

By Mark O`byrne

Bundesbank Confirms German Gold Held By FED, BOE and Banque De France

Germany's Bundesbank confirmed yesterday that the German gold reserves are held overseas by the Federal Reserve, the Bank of England and the Banque de France.

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