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Gold price rebounds after plunging to lowest level in 2 years

PETALING JAYA: Gold lost some of its glitter over the past few days, plunging to its lowest in two years as investors ditched the precious metal on fears of central banks – like Cyprus, and other weak eurozone economies – selling some of their reserves.


Gold miners face new challenge in plummeting gold price

TORONTO: A steep drop in the price of gold will hit profits at mining companies that are already straining under rising costs, and could prompt some miners to rethink their capital spending.


Physical gold shines, consumer purchases hit record in 2013

KUALA LUMPUR: The year 2013 turned out to be a bumper year for physical gold as consumers around the world bought the yellow metal in record amounts, with China and India leading the way, report the World Gold Council.


China allows gold imports via Beijing

SINGAPORE: China has begun allowing gold imports through its capital Beijing, sources familiar with the matter said, in a move that would help keep purchases by the world's top bullion buyer discreet at a time when it might be boosting official reserves.


Gold rally may be faltering

PETALING JAYA: With uncertainty from the US-China trade war starting to taper, the rally in gold may be faltering as investors abandon the safe haven and move back to ‘riskier assets’.


Commodities for the Trump-China trade war: Gold for bears, copper for bulls

SINGAPORE: One of the most popular questions at mining conferences is what is your top metal and why are you bullish on it. The clear winner so far this year is gold.


Following the money in commodities leads to gold mines

LAUNCESTON, Australia: If the adage “follow the money” is to be applied to commodities, then currently the place looking most attractive to investors is gold mining.


PGA: Value of gold jewellery exports projected at RM6bil in 2018

GEORGE TOWN: The Penang Goldsmith Association (PGA) is projecting the value of Malaysia’s gold jewellery exports to stay at about RM6bil in 2018, compared with RM6.7bil achieved in 2017.


PGA: Zero-rated GST a boon to gold jewellery export

GEORGE TOWN: The Penang Goldsmith Association (PGA) is projecting the export of Malaysia’s gold jewellery at an estimated RM6.7bil this year, up from an earlier forecast of RM4bil in March.


Bringing gold into the digital age

NEW YORK: The blockchain revolution is gunning for the gold market.