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