Gold jumps as Chinese data hits markets
Gold, traditionally seen as a safe haven in times of economic strife, rose US$17, or 1.6%, to US$1,078.
Company
LON:FRES
The Fresnillo Group is a leading precious metals company, and is the world's largest primary silver producer and Mexico's second largest gold producer. Fresnillo's mining assets are comprised of three operating mines (Fresnillo, Ciénega and Herradura), two development projects (Fresnillo II and Soledad and Dipolos at Herradura), three advanced exploration prospects (San Juan, San Julian and Orysivo) and multiple exploration projects.
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Gold, traditionally seen as a safe haven in times of economic strife, rose US$17, or 1.6%, to US$1,078.
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FTSE100, the UK's premier share index, closed out the year around 25 points lower in a curtailed trading day...
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Investments and investor services
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Investments and investor services
The FTSE100, eased 42 points, 0.6%, to 6,395, but had dipped as low as 70 points earlier in the afternoon session.
Investments and investor services
China and the ECB left investors in a positive mood at the end of the week
China has cheered the market, especially investors in resource stocks, by announcing further stimulus measures
“A close above US$1,200 would, as a result, look pretty bullish” Charles Stanley said.
Investments and investor services
The FTSE 100 Index ended the day some 67 points lower to 6,275.
Investments and investor services
The FTSE 100 Index dropped 57.65 points to 6284 in early trading
he third quarter was in line with expectations with profit margins slightly above last year
The Fed, China and concerns over the global economy are all issues pushing the gold price higher.
Investments and investor services
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Footsie eased 7 points lower at 6,329 even though there were good gains overnight for markets in the US and Shanghai.