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Tuesday November 24, 2009
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Gold Demand News is an EIN News Service for mining professionals. Constantly updated news and information about mining.
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  • PRECIOUS-Gold mostly flat, stays near record highs 25 Nov 2009 00:48 GMT
    ... TOKYO, Nov 25 (Reuters) - Gold prices were mostly steady on Wednesday, remaining ... touched earlier this week on strong investment demand for a hedge to inflation. * Spot ... revised down, house prices up [ID:nN24296971] Precious metals prices at 0005 GMT Metal Last Change ...

  • Silver and Gold as Currency 25 Nov 2009 00:16 GMT
    ... Gold and silver have a 6000 year history ... physical silver stocks have dwindled, as the metal is used in a wide variety of ... silver derivatives while diluting the amount of demand for gold and silver, ultimately depressing prices. ...

  • HSBC starts gold rush as it kicks small clients out of its vaults 25 Nov 2009 01:03 GMT
    ... HSBC starts gold rush as it kicks small clients out ... cars laden with gold ferrying the precious metal out of New York. An HSBC spokesman ... but it is understood that the increased demand for physical storage of gold by corporate ...

  • Gold prices spark incentive to cash in 'under-the-pillow' investments 25 Nov 2009 01:34 GMT
    ... in the global markets, an ounce of gold was worth $1,170. While a number of ... it, has reached TL 100, and therefore, demand has shifted to small 1 gram gold ... citing a recent estimate by the London Bullion Market Association that prices will shortly reach ...

  • We're running out of gold - miners 25 Nov 2009 02:54 GMT
    ... a spokeswoman for Goldcorp, Canada's second biggest gold mining firm. "Just because gold reached a ... tonnes, but will satisfy only two-thirds of demand, which soared this year amid the global ... gold, driving up demand for the precious metal. With mine production sloping downwards, an increasing ...

  • Gold marks fresh record highs on investment demand 25 Nov 2009 03:39 GMT
    ... solid investment sentiment and expectations of more gold buying by the public sector. A recent purchase ... sparked a rally that lifted the precious metal to successive record highs with it gaining about ... to an all-time high of $US1,175.60 per ounce, before drifting lower to $US1,174.70 as of ...

  • Gold inches higher while other commodities decline 25 Nov 2009 00:11 GMT
    ... Gold inches higher while other commodities decline NEW ... A rise in the dollar also hurt demand for commodities, making them more expensive to foreign ... up $1.10 to settle at $1,165.80 an ounce on the New York Mercantile Exchange. On ...

  • HK Hot Stocks-Gold counters rise on record gold 25 Nov 2009 03:34 GMT
    ... of the stocks on the move: * Realgold Mining rose 1.73 percent, Sino Gold Mining ... record high on Wednesday, boosted by investment demand stemming from inflation worries. . * Chinese ... Eurostocks........... Oil........... JP bonds... ADR Report.......... LME metals.. US bonds... Stocks News US... Stocks News ...

  • Gold gains for eighth session as ETF holdings rise 25 Nov 2009 01:13 GMT
    ... NEW YORK (MarketWatch) -- Gold futures closed higher for the eighth session ... the largest exchange-traded fund suggested continued investment demand ahead. Holdings in SPDR Gold Shares , the ... delivery finished up $1.10 at $1,165.80 an ounce on the Comex division of the New ...

  • Marathon PGM Corp. digging in for place in exclusive club 25 Nov 2009 00:14 GMT
    ... exactly one pure-play producer of the two metals operating in North America: Stillwater Mining Co. ... that improved recoveries of platinum, palladium and gold. It also benefited from equipment costs, something ... which make up about 60% of platinum demand on their own. Last fall’s collapse of ...

  • Why Silver Will Outshine Stocks 25 Nov 2009 00:16 GMT
    ... when the time for reinvestment comes. Although gold and silver were previously shunned as an ... a retirement portfolio be invested in physical metals. Gold and silver are seen as a ... to sell their products to happy consumers. Demand stemming from the industrial sector will be ...

  • Emergent Resources Limited (ASX:EMG) Confirms Major JORC Resource Upgrade To 561Mt From Previous 127Mt At Beyondie Iron Project 25 Nov 2009 01:00 GMT
    ... 12 km strike length, in addition to metallurgical testing including the routine processing of Davis ... Resources Limited sees the present and foreseeable demand for resource commodities such as iron, base ... geological and structural association of lead-zinc and copper-gold mineralised targets. ...

  • Junior plans next steps at Arizona manganese project 25 Nov 2009 00:17 GMT
    ... and, despite the strategic nature of the metal, there is no current production in the ... it could be expanded to meet increased demand. The operation would produce 50 000 t ... Artillery Peak project, Rocher Deboule also has iron-oxide-copper-gold, niobium and manganese assets in British Columbia, ...

  • Singapore Hot Stocks-CapitaMalls, property in focus 25 Nov 2009 01:13 GMT
    ... prices rise after strong 5-year auction > Gold turns higher on strong investor sentiment > ... percent on their debut, helped by strong demand from institutional investors keen to gain exposure ... Eurostocks Oil JP bonds ADR Report LME metals US bonds STOCKS NEWS US, Europe, Asia: ...

  • Taiwan stocks at 1-wk high; LCD, PC makers lead 25 Nov 2009 03:13 GMT
    ... economy fuelled hopes for a pick-up in demand for hi-tech devices, including flat-panel TVs 'Sales ... Australia/NZ......... India....... China...... OTHER MARKETS: Wall Street........... Gold......... Currency.. Eurostocks........... Oil........... JP bonds... ADR Report.......... ... Eurostocks........... Oil........... JP bonds... ADR Report.......... LME metals.. US bonds... Stocks News US... Stocks News ...


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