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gold production

Asia Gold-Demand plunges in pandemic-battered India
Markets

Asia Gold-Demand plunges in pandemic-battered India

  • Indian jewellers have also stopped making purchases- dealer.
  • India discounts widen to $3/oz versus $2/oz last week.
  • China, Japan return from holidays, but demand muted.
  • Hong Kong premiums at $0.8-$1.8/oz, Singapore at $1.5-$2.0.
Published 07 May, 2021 05:29pm
Barrick Gold profit beats expectations as copper, gold prices surge
Business & Finance

Barrick Gold profit beats expectations as copper, gold prices surge

  • Barrick's first-quarter gold production fell to 1.10 million from 1.25 million ounces due partly to lower grades at its Pueblo Viejo mine in Dominican Republic.
  • Adjusted profit rose 78% to $507 million in the quarter ended March 31, from $285 million a year earlier, and Barrick announced a 9 cent per share quarterly dividend.
Published 05 May, 2021 05:42pm
Gold firms as US yields, dollar pause
Markets

Gold firms as US yields, dollar pause

  • Yields in narrow range as investors await economic signals.
  • Dollar steadies near weakest in about seven weeks.
  • Spot gold may slide into $1,744-$1,758/oz range – technicals.
Published 20 Apr, 2021 07:41pm