News

January 22, 2013

The Bank of Japan announced moves toward open-ended asset purchases to commence in 2014, rising the spot gold spot price 0.1% by 3.29 p.m. EST to $1,691.24.

September 12, 2012 

The International Energy Agency has raised its forecast for global oil consumption.   The institution estimates an increase of 800,000 barrels a day or 0.9% in 2012 and 2013, bringing the daily total to 90.6 million barrels.  (Source: Bloomberg  News)

September 10, 2012

Mining unrest continues to spread in South Africa. 15,000 workers have stopped work at Gold Fields (JSE, NYSE, NASDAQ Dubai: GFI).  Meanwhile, it is the fourth week of striking at Lonmin (LON:JSE). (Source: Mining.com)