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Prices to buy gold touched a two-week high at $1,625 per ounce in London’s wholesale market early Thursday, before pulling back to $1,609 as commodities and world stock markets fell, led by Eurozone banking shares. View full post on Resource Investor

Czech financial officials say they do not recommend setting a date for the country to adopt the troubled euro currency because of potential costs associated with the debt crisis.The finance ministry and … View full post on Currencies News and Information on Yahoo! Finance

KitcoNewsNow: Investors Shy Away As Banks Get Downgraded – R.J. O’Brien http://t.co/d4dBdDN5 View full post on Twitter / KitcoNewsNow

Indian investors of gold, the world's biggest consumers of bullion, remained on the sidelines even though traders offered discounts of up to $5 per ounce. View full post on IBTimes.com : Gold

Nadeem Walayat writes: My Father, Dr Choudhry Mohammed Walayat passed away on Sunday 13th November 2011 at 9.42pm at the age of 75. My father had been hospitalised since suffering a Major stroke in May 2011, following several months of stability with plans for home care to commence during Late October, my father took a [...]

Gold traders in India stayed away from fresh physical buying as futures prices extended gains to near last week's peak. View full post on IBTimes.com : Gold

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The carnage in certain commodities continued on Tuesday and some of the price-damaging selling sprees extended into this morning as well. After having dipped some 5^*1 from recovery levels and after having touched values under the $1,600 mark for the second time in a week, gold prices fell about 1^*1 in early morning dealings on [...]

The carnage in certain commodities continued on Tuesday and some of the price-damaging selling sprees extended into this morning as well. A slightly lower dollar and a 3% recovery in crude oil did not lend assistance to the yellow metal this time. View full post on Resource Investor

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Ron Hera submits: arlier this week I attended the Utah Monetary Summit in Salt Lake City, Utah.  As you may know, the state of Utah passed a Legal Tender Act earlier this year authorizing the use of federally minted gold and silver coins as money in the state of Utah.  Now, legislators in other states, [...]