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Shots fired as tension rises along Korean border over anti-Kim leaflets Hong Kong protests: Leader says In beatifying Paul VI, Pope Francis praises reforms
 

Shots fired as tension rises along Korean border over anti-Kim leaflets

Troops exchanged gunfire on Sunday along the border between North and South Korea, the second outbreak of hostilities in the past 10 days. There were no reports of injuries or damage, but the 10 minutes of shooting highlighted rising tensions between the divided countries. The shootout began after North Korea sent soldiers close to the […]

Hong Kong protests: Leader says ‘external forces’ involved

Hong Kong leader CY Leung has accused “external forces” of involvement in the territory’s pro-democracy protests. In a TV interview, Mr Leung said the rallies, which have paralysed parts of the territory for three weeks, were “out of control” even for organisers. The protesters want fully democratic elections, and are angered by the Chinese government’s […]

In beatifying Paul VI, Pope Francis praises reforms

Pope Francis beatified Pope Paul VI on Sunday, concluding a fiercely contested synod of bishops in Rome by pointedly honoring Paul’s attempt to make the Vatican move with the times in the 1960s. The beatification ceremony for Paul VI in St Peter’s Square, which was attended by 70,000, followed the closure of a two-week synod […]

India Gold prices 7% lower this Diwali season

24 October 2014

Rajesh Exports Ltd. anticipated jewelry sales rising between 30% and 40% during Dhanteras, and, as noted by several news reports, gold purchases were running 15% to 20% higher on average for Dhanteras BullionStreet Gold News

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Solfernino Mine’s irresistible offer: Gold for $650 per ounce

22 October 2014

Solferino Gold Mine/Colombia Reserva De Oro will be initially mining 150,000 oz of gold, and is earmarking 40,000 oz of it to be sold at $ 650 an oz. Considering that gold closed yesterday at $ 1246, the possibility of getting it at $ 650/oz is unheard of. It is by far the lowest price […]

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Gold gains on volatility, rise in net speculative longs:ETFS

21 October 2014

Net speculative longs in gold increase for the first time since August 2014. There is a growing sense that the metal’s price has been beaten up too far. With the marginal cost of production close to US$ 1100/oz, miners are likely to cut back on production should the price fall any further, helping to constrain […]

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Troy signs minerals agreement for the Karouni Gold Project in Guyana

20 October 2014

The Minerals Agreement details all fiscal, property, import-export procedures, taxation and other related conditions for the development and operation of Karouni. BullionStreet Gold News

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India’s Diwali festivities could push Gold higher

20 October 2014

The gold-supportive macro environment has seen gold extend its gains above the $ 1200/Oz mark as the dollar has weakened, the St. Louis Fed discussed the possibility of further stimulus, and importantly, demand picked up amid the seasonally strong period of consumption. BullionStreet Gold News

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Shots fired as tension rises along Korean border over anti-Kim leaflets

19 October 2014

Troops exchanged gunfire on Sunday along the border between North and South Korea, the second outbreak of hostilities in the past 10 days. There were no reports of injuries or damage, but the 10 minutes of shooting highlighted rising tensions between the divided countries. The shootout began after North Korea sent soldiers close to the […]

Read the full story

Posted in Breaking NewsComments Off

Hong Kong protests: Leader says ‘external forces’ involved

19 October 2014

Hong Kong leader CY Leung has accused “external forces” of involvement in the territory’s pro-democracy protests. In a TV interview, Mr Leung said the rallies, which have paralysed parts of the territory for three weeks, were “out of control” even for organisers. The protesters want fully democratic elections, and are angered by the Chinese government’s […]

Read the full story

Posted in Breaking NewsComments Off

In beatifying Paul VI, Pope Francis praises reforms

19 October 2014

Pope Francis beatified Pope Paul VI on Sunday, concluding a fiercely contested synod of bishops in Rome by pointedly honoring Paul’s attempt to make the Vatican move with the times in the 1960s. The beatification ceremony for Paul VI in St Peter’s Square, which was attended by 70,000, followed the closure of a two-week synod […]

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Posted in Breaking NewsComments Off

Monex Precious Metals Review :Gold rises to $1249, Silver to $17.79

18 October 2014

Monex spot gold prices opened the week at $ 1,227 . . . traded as high as $ 1,249 on Wednesday and as low as $ 1,227 on Monday . . . and the Monex AM settlement price on Friday was $ 1,239, up $ 12 for the week. BullionStreet Gold News

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Gold rebound thwarted by positive US data, equity gains

17 October 2014

Despite hitting a resistance at $ 1250 levels, gold is still on track for second weekly gains. Changing rate expectations are driving gold and US dollar, analysts said. BullionStreet Gold News

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First Majestic Silver Corp reports 5% growth in production in Q3

14 October 2014

Total silver production for the quarter consisted of 2,680,439 ounces of silver, relatively unchanged compared to the same quarter in 2013. BullionStreet Silver News

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Gold recovers on pullback in US dollar, Silver volatility predicts turning point: ETFS

14 October 2014

Weak data from Germany underscores the fragile state of the Euroarea, bolstering the case for further easing from the European Central Bank, which may strengthen demand for gold as a monetary metal. BullionStreet Gold News

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Gold rises to $1230, Silver to $17.69: Monex Precious Metals Review

13 October 2014

Monex spot gold prices opened the week at $ 1,196 . . . traded as high as $ 1,230 on Thursday and as low as $ 1,196 on Monday . . . and the Monex AM settlement price on Friday was $ 1,222, up $ 26 for the week. BullionStreet Gold News

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Gold trades above $1200 on return of physical demand in India, China

13 October 2014

In a weekly update, Barclays said that the bounce could be shortlived amidst not so favourable macro environment. On the other hand festival and wedding season in India could present short covering rallies and therefore an uptrend in gold. BullionStreet Gold News

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