PRECIOUS METALS HIGHLIGHTS: Top Stories Of The Day
September 07 2011 - 7:41PM
Dow Jones News
Merger and acquisition activity in the global mining sector
appears to be slowing after the busiest half-year on record,
PricewaterhouseCoopers said Wednesday.
STORIES OF INTEREST:
South Africa Gross Reserves Up On Gold Strength, Weak Dollar
JOHANNESBURG (Dow Jones)--The South African Reserve Bank's gross
gold and foreign exchange reserves shot up by $1.3 billion to $51.4
billion in August, data released Wednesday showed, driven by record
gold prices and a weak dollar.
MARKETS:
PRECIOUS METALS: Stock Rally Pushes Gold Down 3%
NEW YORK (Dow Jones)--Gold posted its second day of losses as
investors were tempted to shed the store of value asset in favor of
chasing robust gains in equity markets.
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