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Archive for: May, 2010

The Meaning of a $1,200 Gold Price

GOLD PRICE NEWS - The gold price traded above $1,215 per ounce, rising marginally on Monday as U.S. markets were closed in observance of Memorial Day. The price of gold and U.S. Treasuries were among the only asset classes to post gains in what turned out to be one of the most volatile months in [...]

May 31 2010 | Read More »

Gold Price Posts 3.0% Gain in May

GOLD PRICE NEWS - The gold price rose $1.11, or 0.1%, to $1,214.14 Friday as the price of gold rallied for the fifth consecutive day. At $1,214 per ounce, the gold price climbed $36.24, or 3.1%, in May and remains higher by $118.81, or 10.9% year-to-date. This was the second consecutive monthly gain for the [...]

May 28 2010 | Read More »

$20 Silver Price in 2010?

SILVER PRICE NEWS - The silver price fell $0.28, or 1.5%, in the month of May as the price of silver was unable to extend its monthly winning streak to four. The iShares Silver Trust ETF (SLV), which acts as a proxy for the silver price, fell $0.23, or 1.3%, to $18.03 for the month. [...]

May 28 2010 | Read More »

Gold Price Tops $1,200 as Demand Surges

GOLD PRICE NEWS - The gold price appears set to close back above the $1,200 per ounce level after a volatile week. The price of gold has steadily moved higher in recent days after dipping below $1,180 per ounce on Monday. Sovereign debt fears temporarily calmed down, the euro has stabilized, and stocks and commodities [...]

May 28 2010 | Read More »

Gold Price Up, Einhorn on “Easy Money”

GOLD PRICE NEWS - The gold price stabilized above $1,210 as the price of gold withstood a strong rally in the euro, to which it has displayed a high negative correlation in recent weeks. The gold price finished Thursday up $2.33, or 0.2%, at $1,213.02 per ounce while the euro gained 1.7%% to 1.2361 against [...]

May 27 2010 | Read More »

Gold Price Rises, Einhorn on “Easy Money”

GOLD PRICE NEWS - The gold price stabilized above $1,210 as the price of gold withstood a strong rally in the euro, to which it has displayed a high negative correlation in recent weeks. The gold price finished Thursday up $2.33, or 0.2%, at $1,213.02 per ounce while the euro gained 1.7%% to 1.2361 against [...]

May 27 2010 | Read More »

Gold Stock Movers (FCX, NEM, RBY, SA, SSRI)

GOLD STOCKS NEWS - Gold stocks climbed yet again, with the Market Vectors Gold Miners ETF (GDX) rising as much as $1.42, or 2.9%, to $50.41 per share in Thursday mid-day trading. The rally in gold stocks marked the fifth straight session of gains for the GDX, which is now higher by $3.20, or 6.8% [...]

May 27 2010 | Read More »

Gold Price Holds Near $1,200, Euro Rises

GOLD PRICE NEWS - The gold price traded near unchanged, at $1209.50 per ounce, Thursday morning while stocks and commodities soared. After hitting a high of $1218 overnight, the price of gold backed up while more cyclical investments soared on the news that China denied rumors it was prepared to liquidate European bond investments. China’s [...]

May 27 2010 | Read More »

Dorato Grants 1.9 million Stock Options

Vancouver, British Columbia – Dorato Resources Inc. (‘Dorato’ or the ‘Company’) (TSX-V: DRI, Frankfurt:DO5, OTCQX:DRIFF) announces that, Pursuant to its 2009 Incentive Stock Option Plan, Dorato has granted incentive stock options to certain directors, officers, employees and consultants allowing them to purchase up to an aggregate of 1,900,000 common shares in the capital stock of [...]

May 27 2010 | Read More »

Canaco extends strike of Magambazi Gold Zone to 700 m, with new results of 60 metres at 1.67 grams per tonne Au

Vancouver, BC. May 27, 2010 – Canaco Resources Inc. (TSX-V: CAN) is pleased to announce exciting new gold results of 60 metres at 1.67 g/t from the Company’s Handeni Gold Project in the Handeni region of the United Republic of Tanzania. Extensional step-out drilling conducted in the Magambazi North area has intersected the Magambazi Gold [...]

May 27 2010 | Read More »
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Recent Posts

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