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South-East Asia Gold News. Service for global professionals. Constantly updated news and information about South-East Asia Gold.
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Latest South-East Asia Gold News

  • Miners eclipse banks to send index lower 3 Dec 2009 17:49 GMT
    ... Market Movers FTSE 100 5,313.00 -0.27% techMARK 1,516.13 -0.46% ... life of its Ernest Henry Mining (EHM) copper-gold mine near Cloncurry in north-west Queensland, Australia, ... is also on the slide as the price of gold comes off its overnight high. ...

  • China wary of gold 'bubble’ danger after quietly doubling its reserves 3 Dec 2009 17:11 GMT
    ... China wary of gold 'bubble’ danger after quietly doubling its reserves ... an all-time high of $1,217 (£730) an ounce as a speculative frenzy. By Ambrose Evans-Pritchard ... China is putting a floor under the gold price but does not chase rallies once they are ...

  • Asian Shares Climb as Yen Weakens 3 Dec 2009 16:51 GMT
    ... Hong Kong. Most Asian markets rose a third straight day ... commodities, meanwhile, continued to push higher, with gold setting another record above $1,220 an ounce and oil rising above $77 a barrel. ...

  • World markets buoyed by BofA move 3 Dec 2009 16:37 GMT
    ... LONDON -- World stock markets rose Thursday, with Japan's Nikkei ... president Jean-Claude Trichet. Analysts expect Trichet to announce a number of significant decisions and announcements. ... delivery up 51 cents at $77.11, while gold advanced 0.5 percent to $1,289.70 an ounce ...

  • US services sector survey drags world stocks down 3 Dec 2009 16:33 GMT
    ... Stocks had been trading higher through the day after big ... delivery down 39 cents at $76.21, while gold slipped 0.3 percent to $1,209.60 an ounce after earlier hitting a new record high ...

  • US services sector survey drags world stocks down 3 Dec 2009 16:30 GMT
    ... LONDON (AP) -- European and U.S. stock markets mostly fell ... delivery down 39 cents at $76.21, while gold slipped 0.3 percent to $1,209.60 an ounce after earlier hitting a new record high ...

  • Aussie trades at 8-day high against Euro and Yen 3 Dec 2009 15:42 GMT
    ... regional stocks and an extended rally of gold price gave investors confidence to stay on holding the ... touched an all-time high of $1,224.70 per ounce around 9:20 pm ET. Since Australia holds ... of the world's largest gold reserves, the price of gold has an impact on its currency. The ...

  • Elray Resources Reviews Property Portfolio as Gold Price Continues to Rise as Investors Look to Secu 3 Dec 2009 14:36 GMT
    ... Elray Resources Reviews Property Portfolio as Gold Price Continues to Rise as Investors Look to ... its shareholders on its property portfolio as gold prices are propelled to new highs. The Company ... in a heavy mineral prospect on Kalimantan, Indonesia. Additionally, the Company is well advanced in ...

  • Dump US dollar invest in commodities: Jim Rogers 3 Dec 2009 14:33 GMT
    ... The US dollar is increasingly getting battered by global investment ... commodity—gold will zoom to cross $2000 per ounce after 2010. On Thursday, gold prices surged to touch $1225 per ounce. Jim Rogers ...

  • Dump US dollar, invest in commodities: Jim Rogers 3 Dec 2009 14:31 GMT
    ... The US dollar is increasingly getting battered by global investment ... commodity—gold will zoom to cross $2000 per ounce after 2010. On Thursday, gold prices surged to touch $1225 per ounce. Jim Rogers ...

  • Elray Resources Reviews Property Portfolio as Gold Price Continues to Rise as Investors Look to Security 3 Dec 2009 14:31 GMT
    ... its shareholders on its property portfolio as gold prices are propelled to new highs. The Company ... in a heavy mineral prospect on Kalimantan, Indonesia. Additionally, the Company is well advanced in ... said there was 'no reason' why the gold price could not reach $1,500 by the middle ...

  • Elray Resources Reviews Property Portfolio as Gold Price Continues to Rise as Investors Look to Security (MRW) 3 Dec 2009 14:30 GMT
    ... due diligence on a further "operating mine" gold prospect south of Jakarta, Indonesia. The Company's ... near future. A Company spokesperson noted that, "Gold prices continue to increase and Michael Hewson, an ... said there was 'no reason' why the gold price could not reach $1,500 by the middle ...

  • Asian Markets Extend Gains 3 Dec 2009 13:23 GMT
    ... (RTTNews) - The markets across Asia extended gains ... rose 2.33%, Gindalbie Metals climbed 4.21% and Oz Minerals added 0.40%. However, Rio Tinto edged ... gained 0.87% and Origin Energy rose 1.20%. Gold stocks also witnessed mixed trading. While Sino ...

  • Lower Output from Gold Producers 3 Dec 2009 13:23 GMT
    ... Dec 03, 2009 (Zacks.com via COMTEX News Network) -- ) ... China, which is currently the world's top gold producer. Toronto-based Kinross will continue to build ... a weakening U.S. dollar are driving higher gold prices. Gold production peaked in 2001 and has ...

  • Asia stocks extend advance as weaker yen helps boost Japan's market nearly 4 pct 3 Dec 2009 13:06 GMT
    ... Asia stocks extend advance as weaker yen helps boost Japan's ... commodities, meanwhile, continued to push higher, with gold setting another record above $1,220 an ounce and oil rising above US$77 a barrel. ...


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