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Last updated on April 20, 2014 at 8:28 EDT

Latest Gold as an investment Stories

2013-03-27 12:22:04

New Company Features $25 Minimum, Fully Insured Vaulting, Direct Bank Access LAS VEGAS, March 27, 2013 /PRNewswire/ -- Anthem Hayek Blanchard, son of the legendary gold advocate James Ulysses Blanchard III, is pleased to announce the formation of Anthem Vault: a company that provides a trustworthy and innovative way to access to low-cost gold and silver bullion ownership for the first time from a U.S.-based provider. Through its website, www.anthemvault.com, U.S. investors are...

2013-03-18 12:22:21

LONDON, March 18, 2013 /PRNewswire/ -- Gold and silver have struggled this year even as equities have posted significant gains. Gold has come under pressure amid speculation that the Federal Reserve will end its quantitative easing program sooner-than-anticipated. The Fed's ultra-loose monetary policy has been one of the key drivers of gold prices in recent years. Lower gold and silver prices are likely to hurt the top-line of gold and silver mining companies such as Silver...

2013-03-13 08:23:35

NEW YORK, March 13, 2013 /PRNewswire/ -- A new report by the World Gold Council, "Central bank diversification strategies - rebalancing from the dollar and the euro", examines the growing trend of central banks' actively looking to diversify their reserve portfolios. While the dollar is still the primary global currency, its long-term dominance is less certain. In response, central banks are reducing allocations to US dollars and euros while increasing purchases of traditional assets such...

2013-03-10 23:01:30

Lucintel Projects Good Growth for Gold Mining Industry: Estimated to Approach $99 Billion in 2018 Irving, Texas (PRWEB) March 10, 2013 Gold mining is excavation of gold from the ground. The global gold mining industry, which has experienced good growth, in recent years, is expected to carry that growth momentum into the future. The industry is expected to reach $98.9 billion in 2018, growing at a CAGR over the next five years. There is high competitive rivalry in the industry. Companies are...

2013-03-06 23:00:16

Luriya.com, licensed online buyer and seller of precious items, announces its new line of gold products for gold buyers. New York, NY (PRWEB) March 06, 2013 For more than two decades, Luriya.com has been helping thousands of satisfied customers buy gold, silver, platinum and coins. Taking this trend further, Luriya recently introduced its latest range of gold products for gold products lovers. With specialized experience and knowledge of selling gold in the New York City area, their new...

2013-03-06 12:21:08

Reduce the risk of price volatility LONDON, March 6, 2013 /PRNewswire-iReach/ -- Recent months have shown great volatility in commodity prices and the gold and silver price were not exception. The developed nations are still in a race who can print the most money, either through austerity measures or to devalue their currencies to improve exports. The economic outlook in the US might seem to be improving, but growth is still dire and employment is high. In Europe there seems to be no...

2013-02-14 20:22:02

All dollar amounts are stated in Canadian dollars, unless otherwise indicated TORONTO, Feb. 14, 2013 /CNW/ - St Andrew Goldfields Ltd. (T-SAS), ("SAS" or the "Company") earned net income attributable to shareholders for the fourth quarter of 2012 ("Q4 2012") of $12.6 million or $0.03 per share, as compared to net income of $12.9 million, or $0.04 on a per share basis, for the fourth quarter of 2011 ("Q4 2011"). Operating cash flow in the quarter was $21.7 million or $0.06 per share,...

2013-02-14 08:23:46

LONDON, Feb. 14, 2013 /PRNewswire/ -- In value terms, gold demand in 2012 was US$236.4bn - an all-time high. Gold demand in value terms for the final quarter of the year was 6% higher year-on-year at US$66.2bn, marking the highest ever Q4 total. Global gold demand in Q4 2012 was 1,195.9 tonnes(t), up 4% on the same quarter in 2011. In Q4 2012, the average gold price reached a record level of US$1,721.8/oz, up 1% on the previous record average price in Q3 2011. The average price during 2012...

2013-02-07 12:23:05

NEW YORK, Feb. 7, 2013 /PRNewswire/ -- ETF Securities U.S. LLC has been selected by Charles Schwab as the sole provider of precious metal exchange traded funds (ETFs) for the new offering, Schwab ETF OneSource(TM), which was introduced today in New York. As part of the Schwab ETF OneSource platform, investors and advisors will be able to buy and sell 105 ETFs commission free. All major asset classes are available through this offering, including ETF Securities' physically-backed precious...

2013-02-01 08:21:59

LAS VEGAS, Feb. 1, 2013 /PRNewswire/ -- Maxam Gold Corporation (OTCPINK: MXAM) http://www.max-amgold.com, a leading gold mining and development company, announced today that a Canadian Company with an adjacent concession has started production and is willing to process material on a contract basis for Pembina. Charles Langrill, President and CEO of Maxam Gold Corporation, stated: "An adjacent concession has taken delivery of a portable mill and processing equipment. This equipment...