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Last updated on April 16, 2014 at 21:24 EDT

Latest Gold as an investment Stories

2012-11-15 12:22:15

LONDON, Nov. 15, 2012 /PRNewswire/ -- Global gold demand in Q3 2012 was 1,084.6 tonnes (t), down 11% from the record Q3 2011 figure of 1,223.5t. This dip in demand is in comparison with exceptional demand in Q3 last year. Gold demand remains resilient. Q3 2012 was above the five year quarterly average of 984.7t, according to the World Gold Council's Gold Demand Trends Report. To view the multimedia assets associated with this release, please click:...

2012-11-13 16:23:16

9.5 metric tons of 24-karat gold products processed, an increase of 44% Net sales increased 4.8% to $220.8 million Gross profit margin was 5.7% compared to 6.6% for 2011 Net income attributable to common shareholders of $8.4 million, or $0.15 per diluted share Company reiterates guidance of approximately 35 tons processed during 2012 WUHAN CITY, China, Nov. 13, 2012 /PRNewswire/ -- Kingold Jewelry, Inc. (NASDAQ: KGJI), one of China's leading manufacturers and designers of...

2012-10-11 07:21:24

RENO, Nev., Oct. 11, 2012 /PRNewswire/ -- General Metals Corporation (OTC.QB: GNMT) announced the availability of a recent audio interview with Dan Forbush, CEO and the Wall Street Ledger. The audio provides an overview its Independence mine and updates potential investors about the latest progress towards production, its competitive advantage, depth of management and the amount of measured, indicated and inferred mineralization of gold and silver. The audio interview can be accessed by...

2012-10-10 04:00:53

Vancouver-based Open Gold is getting a boost from two new properties and fresh management. Vancouver, BC (PRWEB) October 09, 2012 (Financial Press) — Turning a company into a success story doesn´t happen overnight, but Vancouver-based Open Gold is getting a boost from two new properties and fresh management. Four months into his appointment as CEO and president of Open Gold, and Bryson Goodwin has kept the company focused on gold, copper and silver in appropriate jurisdictions...

2012-09-04 06:23:05

CALGARY, Alberta, Sept. 4, 2012 /PRNewswire-iReach/ -- Loyal Financial Group, a client-owned financial investment company that recently posted its 10th year of successful returns, has disclosed specific return numbers on its Gold and Minerals Fund in light of recent gold market movements. As detailed in the August 23 Bloomberg Businessweek, gold prices are now at the highest they have been in over four months, and further growth is expected, as Federal Open Market Committee speculation...

2012-08-28 02:22:49

LOS ANGELES, Aug. 28, 2012 /PRNewswire/ -- The price of gold reached a four-month high of $1,674.28 per ounce on August 24, 2012, as a result of speculation concerning yet a third round of quantitative easing and dismal U.S. economic reports. Capital Gold Group CEO, Jonathan Rose, forecasts gold to soar in the coming months of 2012. "Investors need to wake up and realize that gold is not an investment but a vehicle for wealth preservation," stated Rose. "As the Federal Reserve hints at...

2012-08-15 18:20:28

LONDON, August 16, 2012 /PRNewswire/ -- Global gold demand in Q2 2012 was 990.0 tonnes (t), down 7% from the 1,065.8t in Q2 2011 according to the World Gold Council's Gold Demand Trends report. This dip in demand was partly due to the comparison with exceptional demand last year, and also reflects the challenging global economic climate. In this context, gold performed as expected, acting as both a store of value and a source of liquidity. In value terms gold demand...

2012-05-29 02:22:11

DALLAS, May 29, 2012 /PRNewswire/ -- The Certified Gold Exchange has always been an innovator in using new formats to educate the public about gold investing. With the launch of Real Money Magazine they have created a world class publication that has already received a warm reception. "Real Money Magazine is another big step forward for us," says John Halloran, CEO of The Certified Gold Exchange. "It's the natural culmination of everything we have been doing for over 20 years." The...

2012-05-17 02:22:40

LONDON, May 17, 2012 /PRNewswire/ -- Global gold demand in Q1 2012 was 1,097.6 tonnes (t), down 5% from the high demand levels seen in Q1 2011 (1,150.7t), according to the World Gold Council's Gold Demand Trends report. This decrease was largely to be expected given the introduction of import taxes in India and high gold prices. Gold demand value however, showed a 16% increase year on year to an estimated US$59.7 billion. The average price of gold for the quarter was US$1,690.57, 22% higher...

2012-05-09 02:22:38

CHICAGO, May 9, 2012 /PRNewswire/ -- GLD, the SPDR Gold Trust, is trailing IAU, the iShares Gold Trust, in 2012 performance according to the most recent Gold ETF Report from GoldETFs.biz. GLD and IAU are the largest gold funds in the United States and hold over $76 billion of investor assets.To read the full Gold ETF Report visit http://www.goldetfs.biz/2012/05/gold-etf-report (Photo: http://photos.prnewswire.com/prnh/20120509/CG03199) The GLD ETF has fallen behind rival IAU in 2012...