Vietnam Business News
Vietnam Business News |
- Gold traders most bullish in a month on European debt crisis
- Gold improves to Rs 49,628
- Venezuela’s second gold shipment reaches home
- Platinum declined below$1500 since October, from a peak of $1,842 on June 9
- S.Africa’s gold output down 3.3 pct y/y in October
- Gold prices galloped at the bullion market, silver moves up
- Buy Silver…Now!
- Spot gold edged up 0.3 percent to $1,712.39 an ounce
- Gold price to open at 15,900 HK dollars per tael on Friday
- Thailand gold prices for Dec 09
| Gold traders most bullish in a month on European debt crisis Posted: 09 Dec 2011 12:23 AM PST Gold traders are more bullish as investors buy metal at the fastest pace in a year to protect their wealth from Europe's escalating debt crisis. Eighteen of 26 surveyed by Bloomberg expect the metal to advance next week, the highest proportion since Nov. 11. Holdings in exchange-traded products backed by gold rose 108.6 metric tons to a record [...]
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| Posted: 09 Dec 2011 12:20 AM PST Gold improved by Rs 43 to close at Rs 49,628 per 10 grams in the local market Thursday, as its international price moved up to $ 1,740 an ounce, market sources said. According to Karachi Saraf Association official, tola (11.664 grams) price also increased by Rs 50 to Rs 57,900. Silver closed unchanged at Rs [...]
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| Venezuela’s second gold shipment reaches home Posted: 09 Dec 2011 12:00 AM PST Venezuelan President Hugo Chavez said that a second shipment of Gold reserves being repatriated from banks in Europe and North America arrived today in Caracas. He spoke today during a press conference from the presidential palace without providing more details according to Bloomberg. Venezuela's central bank received the first shipment of gold on November 25 [...]
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| Platinum declined below$1500 since October, from a peak of $1,842 on June 9 Posted: 08 Dec 2011 11:47 PM PST Platinum dropped further as weakness in the industrial sectors that use the precious metal drive down prices. The white metal declined below$1500 since October, from a peak of $1,842 on June 9. Its parity with gold has been declining sharply since then as gold prices continued to climb further up due to euro zone crisis. [...]
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| S.Africa’s gold output down 3.3 pct y/y in October Posted: 08 Dec 2011 11:42 PM PST South Africa’s gold output fell by 3.3 percent in volume in October while total mineral production was down 12.7 percent compared with the same month last year, data showed on Thursday. Production of non-gold minerals fell 14 percent, Statistics South Africa said.
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| Gold prices galloped at the bullion market, silver moves up Posted: 08 Dec 2011 11:37 PM PST Gold prices galloped at the bullion market here on Thursday on sustained buying by investors and stockists amidst jewellery offtake due to marriage season. Silver also improved on industrial buying support. Standard gold of 99.5 per cent purity rallied by Rs 265 to end at Rs 29,135 per 10 grams from Wednesday’s close of Rs [...]
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| Posted: 08 Dec 2011 11:24 PM PST Silver is an amazing metal…which is why it's likely to soar over the coming years… You see, silver has more than 10,000 uses. It's one of the world's best conductors of heat and electricity. Inventors filed more patents on silver uses than any other precious metal in the world. And when silver is used for [...]
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| Spot gold edged up 0.3 percent to $1,712.39 an ounce Posted: 08 Dec 2011 11:22 PM PST Gold prices traded steady on Friday, as investors watched the progress of a crucial European Union summit with dwindling confidence that it would produce a cure for the two-year-old debt crisis. The European Union failed to secure backing from all 27 countries to change the EU treaty at a summit on Friday, meaning any deal will now likely involve the [...]
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| Gold price to open at 15,900 HK dollars per tael on Friday Posted: 08 Dec 2011 11:17 PM PST The gold price in Hong Kong went down 260 HK dollars to open at 15,900 HK dollars per tael on Friday, according to the Chinese Gold and Silver Exchange Society. The price is equivalent to 1,715.96 U.S. dollars a troy ounce, down 28.74 U.S. dollars at the latest exchange rate of 1 U.S. dollar against [...]
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| Thailand gold prices for Dec 09 Posted: 08 Dec 2011 10:45 PM PST The Gold Traders Association this morning set the buying price at 24,635.00 baht per baht-weight for gold ornaments and 25,000 baht per baht-weight for gold bar. The selling prices were set at 25,500 baht per baht-weight for gold ornaments, and 25,100 baht per baht-weight for gold bar.
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