Gold

This tiny nation could be a gold trading hub

Rajeshni Naidu-Ghelani, CNBC — Wed, 12 Jun 2013 15:08:10 +0000

The tiny Southeast Asian city-state Singapore has transformed itself into one of the world's top financial hubs and has now set its sights on turning the wealthy island into a gold bullion center.

German man caught allegedly trying to smuggle gold and silver out of Greece

Rob Wile, Business Insider — Fri, 12 Apr 2013 20:13:17 +0000

A man was trying to board a Lufthansa flight back to Germany when the airline uncovered nearly 1,000 pounds of what the BBC calls silver "tablets" in a cargo container.

Is India fighting a losing battle against gold bugs?

Ansuya Harjani, CNBC — Tue, 22 Jan 2013 16:48:56 +0000

Despite tax hike, Indian gold remains deeply desirable.

Societe Generale issues 2013 gold forecast

Joe Weisenthal, Business Insider — Mon, 21 Jan 2013 21:05:22 +0000

Societe Generale issued a note that has investors wondering whether 2013 will be the first year since 2000 that gold ends the year down. If real interest rates in the US begin to normalize, gold will likely get crushed, as Goldman Sachs (and others) have pointed out lately.

Gold prices fall amid market fears

Sharon Epperson, CNBC — Wed, 19 Dec 2012 18:25:19 +0000

Gold is now on pace for its third monthly decline, down almost 6 percent in that period.

10 countries hoarding massive amounts of gold

Mamta Badkar, Business Insider — Fri, 09 Nov 2012 16:42:59 +0000

With the fiscal cliff looming and Europe's ongoing sovereign debt crisis investors have rushed back to gold, widely seen as a safe haven.

China to invest in African gold

Matthew Boesler, Business Insider — Thu, 16 Aug 2012 19:42:00 +0000

Barrick Gold, the world's biggest gold producer, announced today that they are in talks to sell the 74 percent stake in its African mining business to China National Gold Group Corporation, a state-owned enterprise in China, via a statement on its website.

Peru pro-mining protest turns deadly

Simeon Tegel — Thu, 15 Mar 2012 18:51:00 +0000

LIMA, Peru — Protests against a government crackdown on illegal gold mining in the Peruvian Amazon have erupted into deadly violence.

Philippines: Mining landslide kills 25, dozens missing (VIDEO)

News Desk — Thu, 05 Jan 2012 18:22:00 +0000

The landslide took place at about 3 am, and miners reported waking up to rocks and debris falling on the roofs of their huts. According to reports, 16 people were pulled out from the rubble and rushed to hospital for treatment.

Tracking Venezuela's gold

Sarah Childress — Wed, 04 Jan 2012 18:02:00 +0000

Most of it is back safe in Caracas. But it won't all be taken home to the bank

Sarah Childress

Hugo Chavez said mid-last year that he was going to take all of Venezuela's gold reserves stored abroad and bring them home.

And for the most part, he did.

But he's leaving about 15 tons behind.

Most analysts figured Chavez had two motives for bringing it home.

Nicaragua goes back to gold

John Otis — Mon, 09 Jan 2012 11:30:00 +0000

LA LIBERTAD, Nicaragua — Explosions in this region are no longer the sounds of civil war, but of prospectors searching for gold.

Mystery "gold bars" found on Paris train may be a scam

News Desk — Tue, 03 Jan 2012 15:55:00 +0000

A suitcase containing an estimated $1 million in gold bars was abandoned on a commuter train near Paris, but police now say the gold is fake.

News Desk

It was an enticing Paris mystery: who left a suitcase containing 44 pounds of gold bars on a commuter train at Massy-Palaiseau station?

A bomb squad was called in after a conductor on the RER train found a suspicious package left aboard. The locked blue metal case was found to contain 20 gold ingots, with an estimated value of $1 million.

Amazon rainforest imperiled in gold rush

Simeon Tegel — Fri, 30 Dec 2011 19:48:00 +0000

PUERTO MALDONADO, Peru — Record gold prices are claiming an unlikely victim: the lush, spectacularly biodiverse rainforests of the Peruvian Amazon.

In-Depth Series: The Scramble for El Dorado

Thu, 01 Jan 1970 00:00:00 +0000

As the scramble heats up, some in Latin America are also being thrown aside.

A Christmas ecology story

Michael Goldfarb — Wed, 21 Dec 2011 16:16:05 +0000

What would the Wise Men bring today? Frankincense production in steep decline as tree from which the scent is derived is in startling decline and may be extinct before the end of the century