Precious metals rise on lingering economic fears

Gold and silver prices rose on Wednesday as investors continue to worry about inflation and how the US and Europe will deal with their financial woes.

Gold hits record price

The price of gold surged to an all-time high point above $1 258 an ounce on Friday.

Gold hits record highs on risk aversion

Gold prices hit record highs above $1 250 an ounce in Europe on Tuesday and reached all-time peaks in a range of other currencies.

Gold set to achieve new price floor in 2010

Daniel Sacks, co-portfolio manager of the Investec Global Gold Fund, continues to believe that gold is well supported in the current environment.

Glimmers of hope for gold as Zim deregulates

Zimbabwe's gold mines are dusting themselves off after the unity government deregulated the industry, ending a two-decade state monopoly.

Gold more alluring than ever

With bullion prices edging ever closer to the $1 000 an ounce mark, the alluring gleam of gold is more intoxicating than ever.

Harmony says Q3 output dips, set to pay off debt

SA Harmony Gold Mining, the world's fifth-biggest gold producer, said production fell in its third quarter, without giving a reason.

Option players bet on gains in Gold Fields, Ivanhoe

Investors may be betting that the pullback in gold futures will be short-lived as they scoop up bullish options in Gold Fields and Ivanhoe Mines.

South Africans pile into gold coins

Aware that gold is the ultimate store of value, concerned South Africans are piling into Krugerrands and Nelson Mandela medallions.

SA gold production slides

SA gold production in October fell 14,4% year-on-year, Statistics South Africa announced on Tuesday.

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