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Gold values put a tarnish on jewelry sales

MANATEE -- The volatile price of gold has tarnished sales for local jewelers already battling fragile consumer spending, a trend that has forced many to reshape the focus of their business.

6 February 2012 | 6:24 pm


Gold slides for second straight session

NEW YORK, Feb. 6 (UPI) -- The price of gold lost $15.40 an ounce Monday to settle at $1,724.90 on the Comex division of the New York Mercantile Exchange.

6 February 2012 | 5:39 pm


Pawnshop business grows on rising gold prices

Pawnshops here are reporting a boom in business since the price of gold doubled. The price of gold has jumped from US$850 an ounce in 2008 to around US$1,700 at present.

5 February 2012 | 3:52 am


Gold price fall $18 an ounce

NEW YORK, Feb. 3 (UPI) -- The price of gold lost $19 an ounce Friday to settle at $1,740.30 on the Comex division of the New York Mercantile Exchange.

3 February 2012 | 3:29 pm


Price of gold to remain high - Newcrest

Newcrest is expecting the price of gold to remain at elevated levels in coming years.

2 February 2012 | 12:38 am


Newcrest CEO Says Gold Price To Remain Strong For Years

The price of gold is likely to remain strong and trade in a range of US$1,500 to US$2,500 an ounce in the years ahead, the chief executive of Newcrest Mining Ltd. (NCM.AU) told an industry luncheon Thursday.

1 February 2012 | 10:11 pm


India raises base import price of gold, silver

India has raised the base import price of gold by 5.7 percent to $556 per 10 grams and that of silver by 12 percent to $1067 a kilogram.

1 February 2012 | 4:03 am


Large call spread goes mining for gold

As the price of gold continued to rally off its six-month lows yesterday, heavy option trading in the GLD exchange-traded fund was led by a large call spread. The SPDR Gold Shares Fund finished the day ...

1 February 2012 | 2:18 am


India increases base import price of gold, silver

REUTERS - India, the world's biggest bullion consumer, has raised the base import price for gold by 5.7 percent to $556 per 10 grams and that of silver by nearly 12 percent to $1,067 per kg, a government ...

1 February 2012 | 1:48 am


Jeanette Pavini's Buyer Beware: High price of gold is child slave labor

Gold has been one of the greatest investment stories of the decade, and despite some recent weakness, its safe-haven appeal is likely to continue. But regardless of the price gyrations in gold futures and demand, do we really know what the cost of gold is in human terms?

17 January 2012 | 11:09 pm