Plans by Dundee Precious Metals Inc. (TSX:DPM) for a metals processing facility at its gold and copper mine in Chelopech, Bulgarian, have suffered a setback in court. The Toronto-based company disclosed Thursday that a Bulgarian court hasread more »
The Sri Lankan central bank is buying gold to diversify its reserves and smooth out periods of dollar volatility, Ajith Nivard Cabraal, central bank governor, said. The move, which follows India's gold purchase, is part of a policy change on the part ofread more »
Gold reached a record high on Wednesday after the Federal Reserve left near-zero benchmark U.S. interest rates unchanged, prompting a sell-off of the dollar as investors looked elsewhere for higher-yielding assets.read more »
