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Gold majors lower prices used to calculate reserves: SNL Metals and Mining

As the gold price climbed steadily from 2002 to 2012, gold producers increased their reserves calculation prices to allow profitable mining of lower-grade, higher-cost ores.With the drastic fall in prices, gold miners have lowered the prices they use to calculate their gold reserves,according to SNL Metals and Mining. Gold prices have fallen 15% on a year-on-year basis so far.As the gold price climbed...
Source : Commodity Online |
Category : Commodities

Now you can get an Xbox One, Titanfall, and 12 months of Xbox Live for $450

Looking for a deal on an Xbox One? Target has one of the best we've ever seen, offering the. That effectively brings the price down to $390, when you factor in the $60 normal asking price for 12 months of Xbox Live Gold.. Target is selling the Titanfall Xbox One bundle for the standard $500 in store, so you'll want to shop through their website to get the best deal. Xbox Live Gold is required to play...
Source : Game spot |
Category : Games

Gold fails to shine after Fed MCX Gold may witness short covering

Physical gold demand in Asia has declined recently, especially in China due to recent price flactuations. In China, cash crush was seen pressuring the gold prices to some extent. Gold prices on the Shanghai Gold Exchange have declined lower than international prices. Comex gold futures for December delivery on electronic platform was seen trading with a loss of $13.2 at $1336.1 per troy ounce as of...
Source : Commodity Online |
Category : Commodities

Dhante-rush in jewellery shops

the city to buy gold, silver and other precious metals on the occasion of Dhanteras. This year, the price of yellowThis year, the price of gold is Rs 31,500 per 10 gm for 24 carat and Rs 30,300 per 10 gm for 22 carat gold. Last year, the price was Rs 31,000 per 10 gm for 22 carat and Rs 32,000 per 10 gm for 24 carat gold.Manager of Maya Jewels, Deepak Sharma, said, "Compared to last year, the price...
Source : Times Of India |
Category : City | City : Thane

Gold likely to decline in range of Rs25,500/ Rs 27500: India Ratings

LimitedIndia Ratings & Research (Ind-Ra) has assigned a negative outlook to domestic gold prices for FY15India Ratings & Research (Ind-Ra) has assigned a negative outlook to domestic gold prices for FY15 as they are likely to decline to the range of Rs25,500/10g to Rs27,500/10g.The expected decline in domestic gold prices takes cues from the likelihood of a decline in international gold prices to between...
Source : Indiainfoline |
Category : Business

Gold prices may continue to rise in near term

Gold prices in India may continue its upward trend in the near term, tracking international prices which are at its highest level since June.Gold prices in India touched a nine-month high on Saturday, approaching the Rs 32,000 level per 10 gm.Weak home sales data in the US gave a boost to the international gold prices on Friday. Gold for December delivery rose $25, or 1.8 per cent, on Friday to settle...
Source : Ndtv |
Category : Others

Gold price to average $1240 oz Silver $18 6 oz: Natixis

2013, the average price of gold dropped by 15.5% yoy to $1,400/oz, ending a ten-year bull run. Four major developments drove the price of gold lower.Gold prices are expected to average $1240 an ounce for the current year and $1250 for 2015 while Silver may average $18.6 an ounce to further decline to $15 an ounce in 2015, according to Natixis Metal Review Q1, 2014In 2013, the average price of gold...
Source : Commodity Online |
Category : Commodities

Gold drops on weak global cues

Gold prices...
Source : Times Of India |
Category : Business

Gold traders afflicted with model code

in gold and silver prices has not been able lift the mood of gold traders in the city.    ...
Source : Times Of India |
Category : City

Barrick Delays South America Project

largest gold miner said it will suspend work on a huge project on the Chile-Argentina border amid slumping prices for gold....
Source : WSJ |
Category : Others
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