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Tuesday December 15, 2009
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Australia Gold News. Service for global professionals. Constantly updated news and information about Australia.
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Latest Australia Gold News

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  • Gold Market Was Looking for an Excuse for a Breather 8 Dec 2009 06:34 GMT
    ... the employment report...and the action in the gold market. According to the government, there were ... insurance - gold - after all. The price of gold fell $48 on Friday. Most ... more. Bill Bonner for The Daily Reckoning Australia ...

  • Modern life takes shine off India's gold market 11 Dec 2009 13:34 GMT
    ... Modern life takes shine off India's gold market FOR centuries Indian marriages have been ... This national fetish has been lucrative for Australia. India imported $5.7 billion worth of Australian ... expected. A record spike in the international gold price has dampened demand and India's 800,000 gold ...

  • Stocks fall 1.2pc as gold price slips 9 Dec 2009 02:40 GMT
    ... THE Australian sharemarket was lower at noon, led by declines in gold and resources stocks amid weaker oil and gold prices. index was down 55.3 points, or 1.18 per cent, at 4615.30, while the broader ...

  • Media Release: Allied Gold Prices Offering 8 Dec 2009 15:32 GMT
    ... FOR DISSEMINATION IN THE UNITED STATES Allied Gold Limited ("Allied Gold" or the is pleased to announce that in connection with its previously announced ... of the issued and outstanding shares of Australian Solomons Gold Limited ("ASG") as a result of ...

  • Allied Gold Prices Offering- correction 9 Dec 2009 10:17 GMT
    ... Allied Gold Limited ("Allied Gold" or the "Company") (TSX:ALG; ... "Company") (TSX:ALG; ASX:ALD; AIM:AGLD) is pleased to announce that in connection with its previously announced ... of the issued and outstanding shares of Australian Solomons Gold Limited ("ASG") as a result of ...

  • "Gold fever" once again sweeping across world 6 Dec 2009 02:36 GMT
    ... optimists. And pessimists, however, note that the gold price has risen steadily and will be turned ... States to Europe, and from Asia to Australia, are all resounded with exclamations that "the ... gold in November, which drastically pushed up gold prices 13 percent overnight. Meanwhile, Russia and other ...

  • Australian dollar closes lower 9 Dec 2009 08:29 GMT
    ... equity markets and a fall in the price of gold led to traders favouring safe-haven currencies. At ... favouring safe-haven currencies. At 1700 AEDT, the Australian dollar was trading at $US0.9066/69, down from ... Aussie dollar is the fact that the gold price is now $US90 weaker than where it was ...

  • Australian stocks open higher 7 Dec 2009 01:37 GMT
    ... THE Australian share market was softer at noon on ... swooped on local gold stocks after the gold price fell $US48.80 to $US1,169.50 an ounce on the ... 4.12 per cent to $5.58. The spot price of gold in Sydney was $US1,155.90 at 1215 AEDT, ...

  • Australian shares soft at midday 7 Dec 2009 02:56 GMT
    ... THE Australian share market was softer at noon on ... swooped on local gold stocks after the gold price fell $US48.80 to $US1,169.50 an ounce on the ... 4.12 per cent to $5.58. The spot price of gold in Sydney was $US1,155.90 at 1215 AEDT, ...

  • Australia miners see more gold in Africa 8 Dec 2009 06:39 GMT
    ... Australia miners see more gold in Africa 8th December ... to turn Resolute into a 400 000-to- half-million-ounce-per-year gold producer, enabling the company to shed ... "All the trends which have seen the price of gold skyrocket over the past year are set ...

  • Dollar closes higher on equities, gold 11 Dec 2009 08:59 GMT
    ... THE Australian dollar closed higher in line with a stronger gold price and domestic equity market but its moves were ... foreign exchange dealer Tim Waterer said. "The price of gold has pushed higher and ... local equity ...

  • Australian dollar ends higher on gold strength 11 Dec 2009 09:13 GMT
    ... closed higher in line with a stronger gold price and equity market, but failed to make any ... the offshore session. At 1700 AEDT, the Australian dollar was trading at $US0.9164/71, up from ... foreign exchange dealer Tim Waterer said. "The price of gold has pushed higher and ... local equity ...

  • Australian dollar ends week lower 12 Dec 2009 00:59 GMT
    ... lower, after and a fall in the price of gold and an improvement in the US dollar, ... local equity markets. For the week, the Australian dollar closed 0.44 per cent weaker at ... jobless rate. A late surge in the gold price and a lift in the local sharemarket on ...

  • African gold underexplored - attracting Australian gold miners 8 Dec 2009 07:31 GMT
    ... GOLD NEWS African gold underexplored - attracting Australian gold miners Australia may be about to become ... wants to turn Resolute into a 400,000-to- half-million-ounce-per-year gold producer, enabling the company to shed ... "All the trends which have seen the price of gold skyrocket over the past year are set ...

  • Gold likely to slip below $US1,200 by end of 2009 6 Dec 2009 22:48 GMT
    ... vintage 12 months which has seen the price of gold shoot up 60 per cent, the metal ... is likely to slip below $US1,200 per ounce by the end of 2009 as investors ... Darren Heathcote, head of trading at Investec Australia in Sydney, expects to see a still more ...


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