Wednesday, May 23, 2012 10:15 AM SAST

Gold

Gold is a chemical element with the symbol Au (Latin: aurum) and an atomic number of 79. It has been a highly sought-after precious metal for coinage, jewelry, and other arts since the beginning of recorded history. The metal occurs as nuggets or grains in rocks, in veins and in alluvial deposits. Gold is dense, soft, shiny and the most malleable and ductile pure metal known. Pure gold has a bright yellow color and luster traditionally considered attractive, which it maintains without oxidizing in air or water. Gold is one of the coinage metals and has served as a symbol of wealth and a store of value throughout history. Gold standards have provided a basis for monetary policies. It also has been linked to a variety of symbolisms and ideologies. Read More

Headlines Around the Web

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Articles About Gold

Greek Exit the Main Topic of EU Meeting

By Oil N'Gold

Comments from Former Greek Prime Minister Papademos damped market sentiment which had shown signs of improvement due to hopes of Chinese growth and absence of particularly bad news from the Eurozone. The Wall Street strengthened in early trading sess... (9:32 am)

MORE TOPICS: CHINA, DOW JONES, EXISTING HOME SALES, CRUDE OIL, MANUFACTURING, JAPAN

Asia Preview Gold, Silver and Crude Oil Trading

By LiveTradingNews

US Gold futures prices finished pit trade moderately lower Tuesday, pressured by Bearish outside markets that included a firmer USD index and lower Crude Oil prices. The Gold market is also seeing some consolidation on the charts after recent gains. (9:30 am)

MORE TOPICS: CRUDE OIL, INVESTMENT, SILVER, LONDON

Drugs
London Olympics: Is Drug Use Cheating? Professor Sam Shuster Claims Ban is 'Unjustifiable'

By IBTimes UK

Professor Sam Shuster of the University of Newcastle claims in BMJ there is "no acceptable proof" that drugs improve performance. (9:30 am)

MORE TOPICS: COURT, LONDON

China plans brokerage reforms to create its own Goldman Sachs

By Reuters

China is rolling out sweeping brokerage reforms to nurture future global investment banks that officials hope could eventually compete with the likes of Goldman Sachs <GS.N> and Morgan Stanley <MS.N>, a regulatory document showed. (9:28 am)

MORE TOPICS: CHINA, GOLDMAN SACHS, MORGAN STANLEY, FIXED-INCOME, MANAGEMENT, INVESTMENT

Gold & Silver Long-Term Signal

By TheGoldandOilGuy

Long time readers know that I have been and remain bullish on gold and gold stocks in the longer-term. However, the reasons why I believe gold and silver will perform well in the longer-term are a bit different than what many economists and pundits are expecting. (9:26 am)

MORE TOPICS: INVESTMENT, SILVER

Oyu Tolgo Copper-Gold Mine Workers
Philippine Government Could Earn $13 B from Xstrata's Copper, Gold Mine – Report

By IBTimes AU

The government of the Philippines stands to gain as much as $13 billion from the proposed copper-and-gold mine project to be constructed by Xstrata-owned Sagittarius Mines Inc. (SMI) in the southern part of the country, the BusinessMirror newspaper reported on Tuesday. (8:38 am)

MORE TOPICS: COPPER

Cautious markets retreat before EU summit

By Reuters UK

Riskier assets retreated broadly on Wednesday as hopes for fresh measures to tackle the euro zone debt crisis faded and caution set in ahead of a meeting of European leaders, with sentiment hurt by renewed fears Greece would leave the euro bloc. (8:28 am)

MORE TOPICS: CHINA, BARCLAYS, SAMSUNG, EUROPEAN UNION, JAPAN, BANK OF JAPAN

Gavin Packard
Bollywood Actor Gavin Packard Dies of Respiratory Disorder

By IBTimes IN

British origin Indian actor, Gavin Packard, died on May 18 following respiratory disorder. The 48-year-old has worked in Hindi, Malayalam and Telugu films. He played the roles of superbad villain in many blockbusters films of the 1990s. His funeral service was held on May 19 at St. (7:05 am)

MORE TOPICS: BOLLYWOOD, BODYBUILDING

Markets retreat on caution before EU summit

By Reuters UK

Riskier assets retreated broadly on Wednesday as hopes for fresh measures to tackle the euro zone debt crisis faded and caution set in ahead of a meeting of European leaders, with renewed fears that Greece would leave the bloc dampening investor sentiment. (5:28 am)

MORE TOPICS: CHINA, BARCLAYS, SAMSUNG, EUROPEAN UNION, JAPAN, BANK OF JAPAN

Australian Stock Exchange
Australian Stock Market Report – Midday 5/23/2012

By Comsec

Yesterday, the Australian share market improved for the second straight day, with The All Ordinaries Index (XAO) up over 49 points to 4,173 points. But in morning trade today the market fell back into the red. (5:27 am)

MORE TOPICS: EXISTING HOME SALES, TWITTER, FACEBOOK, GDP, JAPAN, AUSTRALIA