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Gold hits 6-week high, platinum up on S.Africa strikes

Gold climbed to its highest in nearly six weeks on Monday as a dip in equities lifted the metal's safe-haven appeal and improved investor confidence.


Gold smuggling in India to accelerate if import curbs stay

MUMBAI/SINGAPORE: Gold demand in India is expected to be robust in 2014, likely leading to a further jump in smuggling if curbs on bullion imports remain, the World Gold Council (WGC) said.


Global gold demand seen rising to four-year high

LONDON: Global demand for gold in 2019 will rise to the highest in four years as higher consumption by jewellers offsets a fall in purchases by central banks, an industry report said on Monday.


After years in doldrums, gold miners are finally hot again

LONDON: After years on the sidelines, gold producers are suddenly the mining world’s hottest topic as the industry gathers in Cape Town this week.


China’s gold mystery: Is it still boosting reserves?

SINGAPORE: The case for China raising its gold holdings seems compelling.


Australia’s new gold rush lures prospectors Down Under

SYDNEY: Canada-based Kirkland Lake Gold has listed its shares on the Australia bourse after investing millions of dollars and joining dozens of other prospectors in a modern-day gold rush.


Shandong Gold is top bidder for US$2bil Glencore mine

LONDON: China’s Shandong Gold Mining Co has emerged as the lead bidder for Glencore Plc’s gold mine in Kazakhstan, which may fetch about US$2bil in a sale, according to people familiar with the matter.


Australian gold output slips 2% as miners dig lower grade ore

SYDNEY: Gold output in Australia, the world’s second biggest producer, slipped 2% in the first quarter, due in part to mining of lesser grade ores during a period of higher bullion prices, a survey released on Sunday showed.


Gold hits 4-week low

Gold fell more than 1% to its lowest level in four weeks on Thursday, as hope grew that a US strike on Syria could be avoided and on expectations the US Federal Reserve would start to unwind its monetary stimulus soon.


Gold price to lose more gloss in 2014

LONDON: Gold prices are likely to contract further in 2014, after tumbling for the first time in more than a decade this year with the case for bullion undone by confidence in a stabilising global economy, a metals consultancy said on Thursday.