Bullion and Business News

The price of gold fell further Tuesday, touching its lowest level since November as the dollar strengthened.

Gold for February delivery lost $9.30 to settle at $1,086.70 an ounce on the New York Mercantile Exchange, after earlier falling as low as $1,075.  

Four members of a five-member alleged bullion van robbing syndicate have been remanded by the Accra Circuit Court. The accused persons, namely, Kofi Afoakwa, alias Not Nice and Kofi Rasta; Yaw Afoakwa, alias Dadesen, a driver and brother of Kofi ...  

OREM, UT--(Marketwire - December 21, 2009) - Bullion Monarch Mining Inc. (OTCBB: BULM) reports encouraging preliminary exploration results on the Bom Jesus Gold project in Brazil. Under a JV agreement with Dourave Mining and Exploration, Inc., Bullion Monarch has earned a 33.3% interest in two gold mining properties including Bom Jesus by investing USD $2 million for exploration of these properties located in the Para region of Brazil. The...  

Gold prices tumbled by Rs 240 per ten grams to Rs 16,860 in the early trade on the bullion market here today on persistent stockists offerings following overnight sharp fall in New York market.  

Snapping its six-day, record-making journey, gold's dream to climb the Rs 18,000-level was shattered as the yellow metal tumbled on the bullion market here today on frantic selling by stockists triggered by a sharp fall in international markets.  

SAN FRANCISCO (MarketWatch) -- Crude oil futures ended higher for the first in 10 sessions on Tuesday, helped by a higher forecast by OPEC for global oil demand next year and forecasts for a drop in weekly crude-oil inventories. Crude for January delivery gained $1.18, or 1.7%, to close at $70.69 a barrel in floor trading on the New York Mercantile Exchange. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they...  

When I wrote about silver last year, silver bullion was around $12-15 per ounce, and you could still find some amazing deals with prices hovering around $10.  If you follow Kitco, you know that silver is around $20 per ounce, and gold has broken through $1,200 per ounce. I believe this is part of a long [...]  

PRECIOUS METALS: NY Gold Futures Pare Losses To Settle HigherWall Street Journal"They're recapturing the losses they sustained last week," said Michael Gross, broker and futures analyst with OptionSellers.com. In recent weeks, gold has ...and more »  

NEW YORK (MarketWatch) -- Crude oil futures fell nearly 2% on Tuesday, pressured by concerns over the health of the economy in China, the world's second largest consumer of oil, and ahead of data expected to show rising crude supplies in the U.S. Crude oil for January delivery lost $1.54, or 1.9%, to end at $76.02 a barrel on the New York Mercantile Exchange. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they...