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Friday, 20 September 2019

Gold

Gold is a chemical element with symbol Au (from Latin: aurum) and atomic number 79. In its purest form, it is a bright, slightly reddish yellow, dense, soft, malleable and ductile metal. Chemically, gold is a transition metal and a group 11 element. It is one of the least reactive chemical elements, and is solid under standard conditions. The metal therefore occurs often in free elemental (native) form, as nuggets or grains, in rocks, in veins and in alluvial deposits. It occurs in a solid solution series with the native element silver (as electrum) and also naturally alloyed with copper and palladium. Less commonly, it occurs in minerals as gold compounds, often with tellurium (gold tellurides).

Gold's atomic number of 79 makes it one of the higher atomic number elements that occur naturally in the universe. It is thought to have been produced in supernova nucleosynthesis from the collision of two neutron stars and to have been present in the dust from which the Solar System formed. Because the Earth was molten when it was just formed, almost all of the gold present in the early Earth probably sank into the planetary core. Therefore, most of the gold that is present today in the Earth's crust and mantle is thought to have been delivered to Earth later, by asteroid impacts during the late heavy bombardment, about 4 billion years ago.

This page contains text from Wikipedia, the Free Encyclopedia - https://wn.com/Gold

Latest News for: Gold metal

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Gold Rate Today: Gold, silver trade flat on lack of directional cues

The Times of India 20 Sep 2019

Gold was trading flat with a negative bias on Friday softening for the fourth consecutive day amid lack of directional cues for the metal. MCX Gold futures (Oct) were trading below Rs 37,700, registering a loss of 0.1 per cent intraday. SMAC Global said the metal may trade sideways throughout the day ... Gold Rates - Spot & Futures (.995 purity)....

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Australia shares mark fifth weekly gain on hopes of policy easing

The Times of India 20 Sep 2019

The S&P/ASX 200 index ended up 0.2 per cent, or 13.3 points, at 6,730.80 ... The subindex, marked its fourth straight weekly gain, helped by gold stocks as a weak dollar spurred more buying of the precious metal. Gold and copper explorer Aurelia Metals closed 7 per cent higher, while OceanaGold Corp closed at a five-week peak ... ....

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All Money is Backed Even Today!

Armstrong Economics 20 Sep 2019

Proof of that statement is the fact that the surrounding economies to the Roman Empire imitated the gold and silver coinage of Rome for a single reason — the coins were accepted and regarded as more valuable than their intrinsic value simply in metal content. Here is an imitation of a gold aureus of Rome struck in India....

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Gold vs Equity: Where should you invest in struggling markets?

Yahoo Daily News 19 Sep 2019

For example, when a person is focused on investing in gold, he/she would buy gold when it is cheap and would do the same is case of real estate ... This is because the yellow metal is considered as safe heaven and people rush to invest in gold to take refuge when economy and markets start giving signs of forthcoming struggle ... gold....

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ASA Gold and Precious Metals Limited Reports Financial Results for the Nine Months Ended August ...

Odessa American 19 Sep 2019

ASA Gold and Precious Metals Limited (the “Company”) (NYSE.ASA) reported that the total return for the nine months ended August 31, 2019, based on the Company’s net asset value (NAV), was positive 59.4%, including the reinvestment of distributions paid on the Company’s shares ... ASA Gold and Precious Metals Limited....

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Gold price today: Yellow metal edges lower after US Fed slash rates by 25 bps

Moneycontrol 19 Sep 2019

Experts suggest that Gold prices could retest Rs 37,500-37,400 per 10 grams ... Gold prices edged lower in the futures trade on September 19 after the US Federal Reserve cut interest rates but delivered mixed signals about its next move. The Yellow metal weakened for the third consecutive day in a row to trade below Rs 37,600 per 10 grams.Close....

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Commodity outlook: How will oil, gold, base metals trade today

The Times of India 19 Sep 2019

Gold drifted lower for the third consecutive day on Thursday as crude oil softened and US Fed expectedly cut policy rates by 25 basis points. Base metals—zinc, lead, nickel—were trading lower higher on MCX ... SMC global expects bullions and base metals to trade sideways ... Base metals....

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Anglo Asian's H1 Azerbaijan gold output rises 3.3% yr/yr

Canada Dot Com 19 Sep 2019

Anglo Asian produces gold at Gedabek and other Azeri mines in a joint venture with the state in which the London-listed company holds a 51% stake. It said total production of gold-equivalent ounces (GEO), which includes other metals, rose 7% year-on-year to 39,905 GEO from 37,349 GEO a year earlier....

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Gold futures retreat after Fed's rates cut

China.dot.org 19 Sep 2019

19 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange logged first loss in four sessions on Thursday, after the U.S ... The most active gold contract for December ......

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Gold loses ground after Fed delivers ‘hawkish cut’ to interest rates

Market Watch 19 Sep 2019

Gold was modestly lower Thursday, building on a loss seen a day earlier after the Federal Reserve delivered a widely expected interest rate cut but left traders uncertain on the outlook for further monetary easing ... Gold finished regular trading with a gain on Wednesday, but lost ground in electronic trade after the Fed decision....

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Giyani formally exits gold exploration in South Africa

Mining Weekly 19 Sep 2019

Canadian junior exploration company Giyani Metals has reached an agreement to sell its 45% interest a privately held South African gold exploration company for R9.56-million, or about C$868 000, the company announced on Thursday ... from its gold exploration past in South Africa....

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Materials, energy thrust TSX to record high

Canada Dot Com 19 Sep 2019

* The sector, which includes precious and base metals miners and fertilizer companies, rose after gold bounced above $1,500 an ounce as focus returned to global growth risks and Middle East tensions. * The largest percentage gainers on the TSX were shares of gold miners Iamgold ......

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Rand remains firmer as Reserve Bank keeps repo rate unchanged

Business Day 19 Sep 2019

“We have been quite lucky as a commodity currency due to the improvement in precious metal prices. Even though we have been cushioned by this bounce in commodities and precious metals, we really do need faster economic growth.”. Gold was up 0.43% to $1,500/oz and platinum 1.13% to $937.26/oz. Brent crude added 1.48% to $64.58 a barrel....