IBTimes reported that the gains gold enjoyed in 2011 are quickly vanishing as prices fall.
Southern Arc Minerals (TSXV:SA,OTCQX:SOACF) announced modifications to its exploration plans at the West Lombok project.
Northern Freegold Resources Ltd. (TSXV:NFR,OTCBB:NFRGF,FWB:8NG) announced drilling results from the Yukon-based Freegold Mountain Project.
Bloomberg reported that investors including George Soros are cutting their gold holdings and predicting a bear market for gold.
Bloomberg reported that gold prices were down as the dollar rallied against the euro.
IBTimes reported on how experts see gold performing in 2012.
Forbes reported that China’s Central Bank is placing a tighter hold on the gold market by implementing trading restrictions.
Tolima Gold Inc. (TSXV:TOM) announced it has acquired additional gold properties near its existing properties in Colombia.
Lone Star Gold Inc. (OTCBB:LSTG) announced a project and funding plan for its Mexico-based La Candelaria project.
The Street reported that gold prices fell for a fifth straight session on weaker demand from top consumers.
