Dec 29

Gold Gains of 2011 are Disappearing

Gold Price Comments Off on Gold Gains of 2011 are Disappearing

IBTimes reported that the gains gold enjoyed in 2011 are quickly vanishing as prices fall.

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Dec 29

Southern Arc Updates West Lombok Project

Gold Price Comments Off on Southern Arc Updates West Lombok Project

Southern Arc Minerals (TSXV:SA,OTCQX:SOACF) announced modifications to its exploration plans at the West Lombok project.

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Dec 29

Northern Freegold Intersects 0.26 g/t Au at Revenue Zone

Gold Price Comments Off on Northern Freegold Intersects 0.26 g/t Au at Revenue Zone

Northern Freegold Resources Ltd. (TSXV:NFR,OTCBB:NFRGF,FWB:8NG) announced drilling results from the Yukon-based Freegold Mountain Project.

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Dec 29

Soros Cuts Gold, Seeing Bear Market

Gold Price Comments Off on Soros Cuts Gold, Seeing Bear Market

Bloomberg reported that investors including George Soros are cutting their gold holdings and predicting a bear market for gold.

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Dec 29

Gold Prices Slip on Higher Dollar

Gold Price Comments Off on Gold Prices Slip on Higher Dollar

Bloomberg reported that gold prices were down as the dollar rallied against the euro.

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Dec 28

The Outlook for Gold in 2012

Gold Price Comments Off on The Outlook for Gold in 2012

IBTimes reported on how experts see gold performing in 2012.

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Dec 28

People’s Bank of China Increases Control of Country’s Gold Market

Gold Price Comments Off on People’s Bank of China Increases Control of Country’s Gold Market

Forbes reported that China’s Central Bank is placing a tighter hold on the gold market by implementing trading restrictions.

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Dec 28

Tolima Gold Completes Acquisition of Gold Assets

Gold Price Comments Off on Tolima Gold Completes Acquisition of Gold Assets

Tolima Gold Inc. (TSXV:TOM) announced it has acquired additional gold properties near its existing properties in Colombia.

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Dec 28

Lone Star Releases Project Timeline for La Candelaria

Gold Price Comments Off on Lone Star Releases Project Timeline for La Candelaria

Lone Star Gold Inc. (OTCBB:LSTG) announced a project and funding plan for its Mexico-based La Candelaria project.

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Dec 28

Slower Demand Causes Another Drop in Gold Price

Gold Price Comments Off on Slower Demand Causes Another Drop in Gold Price

The Street reported that gold prices fell for a fifth straight session on weaker demand from top consumers.

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