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Gold steady near 2-month highs on North Korea tensions

By: Reuters     11th August 2017 Gold prices held steady after touching their highest in over two months on Friday and were on track for a weekly gain, buoyed as rising tensions between the United States and North Korea triggered safe-haven buying. "Much of the rally (in gold) is because of the increased safe-haven demand," said... 

Gold hits highest in nearly 7 weeks on struggling dollar

By: Reuters     31st July 2017 Gold prices hit their highest in almost seven weeks on Monday, boosted by a struggling dollar and US economic data that has cast doubt on whether the Federal Reserve will raise rates again this year. Spot gold was down 0.1% at $1 266.99 an ounce at 0846 GMT from an earlier $1 270.98, its highest... 

New sanctions could cripple reclusive North Korea’s mining sector

By: Ilan Solomons     27th May 2016 New sanctions on North Korea imposed by the United Nations (UN) and the US in March for allegedly undertaking nuclear and ballistic missile tests earlier this year will affect the country’s mineral resources sector. North Korea – officially named the Democratic People’s Republic of Korea (DPRK)... 

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