R/€ = 16.16 Change: 0.03
R/$ = 14.42 Change: 0.07
Au 1284.42 $/oz Change: 9.73
Pt 804.59 $/oz Change: 3.69


Gold bounces after 1% drop in NY, oil helps

29th November 2007 Gold climbed above $800 an ounce on Thursday with investors keen to buy on price dips and rising energy costs helping sustain a bounce from overnight losses.  

Gold slips under $800 on firmer dollar, easing oil

28th November 2007 Gold slid under the $800 mark in increasingly volatile conditions on Wednesday, as softer oil prices and a firmer dollar against the euro dented the metal's wider appeal for investors. 

Gold approaches 28-year high, platinum at record

26th November 2007 Gold jumped to a two-week high on Monday on speculative buying driven by the prospect of further US interest rates cuts, while platinum hit record highs on supply concerns in South Africa -- the world's main producer. Spot gold rose as high as $828,70 an ounce, the highest since November 12,... 

Gold steadies above $800, watches weakening dollar

22nd November 2007 Gold steadied above $800 an ounce on Thursday, regaining strength as worries over credit markets and slowing US growth lifted its appeal as an alternative investment, while Tokyo futures were pressured by a firm yen. 

Sierra Leone bans exports of mineral samples

21st November 2007 Sierra Leone has banned exports of mineral samples in a bid to stop valuable diamonds, gold and other commodities being illegally shipped out of the country.  

Gold recaptures $800 on weak dollar, record oil

21st November 2007 Gold regained the psychological level of $800, rising to its highest in nearly a week on Wednesday, as the dollar held near record lows against the euro and crude oil hit a new peak, while platinum charged towards a record. 

LBMA delegates see spot gold at $843,70 by Sep '08

20th November 2007 Spot gold is forecast to rise to $843,70/oz and platinum may jump to hit a record high of $1 519,30 by September 2008, a poll by the audience at the London Bullion Market Association conference showed on Tuesday.  

Gold rallies on dollar, oil, but below $800

19th November 2007 Gold bounced back on Monday, on the back of a slide in the dollar and firm crude oil prices, but the precious metal lacked the drive to challenge the $800 yen level. 

Rand Refinery plans to enter India gold coin market in '08

19th November 2007 South Africa's Rand Refinery Ltd is looking to enter India's retail bullion market by launching its gold coins next year, a senior company official said on Sunday. 

China Ex-Im Bank loans $60m to Eritrea for mine

16th November 2007 The China Import-Export Bank will lend $60-million to Eritrea so that its State-owned mining firm can buy 40% of a gold mine from Canada's Nevsun Resources, the Ministry of Commerce said on Friday. 


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