The acquisition is motivated by company's plans to expand further into downstream manufacturing while closing unprofitable smelters amid a global oversupply of raw aluminum...
Gold rose toward a two-month high since 2011, investors assessed the outlook for U.S. borrowing costs. Silver climbed to the highest level since March. Bullion for immediate delivery added as much as 0.4 percent to $1,321.51 an ounce, and traded at $1,319.55 by 2:19 p.m...
GOLD TECHNICAL ANALYSIS Gold may be primed for a push higher given signs of an uptrend have emerged on the daily chart. A break above several resistance levels and spike in volatility also suggests the potential for further gains...
China’s chief auditor discovered 94.4 billion yuan ($15.2 billion) of loans backed by falsified gold transactions, adding to signs of possible fraud in commodities financing deals...
Gold traded below a two-month high today, investors weighed the outlook for the U.S. economy on recovery. Price for gold with immediate delivery slipped to $1,316.11 today, paring advance to 5.3 percent in June, the most since February...
At the end of the last week gold was in two months high just above $1320 and now its price fell slightly. For the first time in two weeks it moved back through the key $1275 level. It was also able to break through the $1300 level too...


