Gold News
https://askaboutgold.wordpress.com/2016/12/09/askaboutgold-com-2/
Saturday, December 10, 2016
Friday, December 9, 2016
Gold News
The best gold news at AskAboutGold.com
https://askaboutgold.wordpress.com/2016/12/09/gold-news-askaboutgold-2/
Gold News
The Best News at AskAboutGold.com
https://askaboutgold.wordpress.com/2016/12/09/gold-news-askaboutgold-4/
Gold News
The Best Gold Information at AskAboutGold.com
https://askaboutgold.wordpress.com/2016/12/09/gold-news-askaboutgold/
Thursday, December 8, 2016
Gold News
The Best Gold Information on AskAboutGold.com
https://askaboutgold.wordpress.com/2016/12/09/gold-news-askaboutgold-3/
Monday, December 5, 2016
Gold Heads forGold Heads for 10-Month Low as Investors Look Past Italy Vote 10-Month Low as Investors Look Past Italy Vote
Gold futures headed for the lowest closing price in 10 months as investors shrugged off political turmoil in Italy to boost equities and other riskier assets. The S&P 500 advanced and Treasury yields climbed after Italy’s vote against constitutional reform, which prompted the country’s prime minister to resign. While the referendum has raised concerns over Italy’s future in the euro region, the nation’s political and legal system means the “no” vote is unlikely to trigger a quick exit, sapping demand for safety.
https://www.bloomberg.com/news/articles/2016-12-04/gold-set-for-first-back-to-back-gain-in-month-as-italy-votes-no
Gold prices flirt with lowest level in 10 months as rate hike looms - MarketWatch
Gold prices slumped Monday, approaching their lowest trading level since February, as prospects for a rate increase later in the month by the Federal Reserve and the possibility that monetary policy might tighten at an accelerated pace in 2017 weighed on the metal. The decline in gold came despite concerns sparked by Italy’s referendum result, which would typically result in haven demand for the asset and other precious metals. On Sunday, Italian voters rejected constitutional reform, leading Prime Minister Matteo Renzi to announce he will resign. Safety plays such as gold often get a lift from political uncertainty, but there wasn’t much of that early Monday, perhaps because the “no” vote had been expected to win in Italy. “Gold profited only briefly at the start of the week from the result of the constitutional referendum in Italy,” said Commerzbank analysts led by Carsten Fritsch in a note. But comments from a Fed member on Monday may be the biggest driver for gold moves
http://www.marketwatch.com/story/gold-drops-failing-to-get-a-lasting-lift-from-italian-uncertainty-2016-12-05
New Islamic banking rules make gold an accepted investment
Transactions must be fully backed by physical metal and settled on the same day to observe Islam's distinction between real economic activity and speculation.} Gold has become an accepted investment in the Islamic world for the first time as it can now be used as a commodity to back Sharia-based financial products, thanks to new standards announced Monday. The fresh rules, said the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) and the World Gold Council (WGC), pave the way for Islamic institutions to trade not just gold but also silver in a much more actively fashion. Until now, there were no specific rules for the use of gold as an investment in the Islamic finance industry, they noted. AAOIFI spent about a year working out the new guidelines on gold trading with the WGC, and agreed them last month. "The complexity of Islamic attitudes toward gold products has led to a scattered and fragmented set of rulings," the council said in a sta
http://www.mining.com/new-islamic-banking-rules-make-gold-an-accepted-investment/
Thursday, December 1, 2016
http://www.goldpriceticker.com/es/gold-rates/mexico/
CIUDAD DE MÉXICO, 30 nov (Reuters) - La producción minerometalúrgica de México cayó un 8.1 por ciento en septiembre a tasa interanual arrastrada por descensos en la extracción de gran parte de los minerales, aunque el cobre se mantuvo en zona de expansión. A continuación, una tabla con la producción de minerales difundida el miércoles por el instituto nacional de estadísticas, INEGI. Las cifras están en toneladas, salvo el oro y la plata, que están en kilogramos: SEPTIEMBRE CAMBIO (pct) Cobre 44,773 6.4 Plata* 396,515 -6.0 Oro* 9,045 -22.4 Plomo 13,822 -25.1 Zinc 37,315 -9.8 * Cifras en kilogramos (Reporte de Noé Torres)
http://mx.investing.com/news/noticias-de-commodities---futuros/producci%C3%B3n-de-metales-de-m%C3%A9xico-cae-8.1-pct-en-septiembre,-cobre-sube-105378
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