Gold Fields
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31 января, 18:37

Gold Prices Under Pressure As Indians Stop Buying

India’s government wants more local gold. This week directing state-run Minerals Exploration Corp. to assess remaining reserves at the historic Kolar Gold Fields district — ahead of a possible re-start of this legendary producing region. But reports from elsewhere in the country this week suggest gold buyers are continuing to vanish from the market. With one particular group of industrial consumers showing some surprising figures on demand. That’s India’s gold refiners. A sector where local press reported capacity rates…

24 января, 15:12

Gold Fields (GFI) Shares March Higher, Can It Continue?

Gold Fields Limited (GFI) has been on the move lately as the stock has risen by 27.1% in the past four weeks, and it is currently trading well above its 20-Day SMA