Spike in gold prices draws prospectors
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The snow is still knee-high along the banks of Crow Creek, where men are crouching up to their chests in near-freezing water, and the air is several degrees colder.
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Gold prices in New York rose for the first time in three sessions after Sons of Gwalia Ltd., Australia&#39;s second-biggest gold miner, said it&#39;s concerned about its ability to supply gold
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Gold hit a 28-year high in Europe on Friday as the dollar's continued slide to record lows versus the euro raised the metal's appeal to speculative investors.
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Harmony Gold Mining Co., the biggest miner of South African gold, may have to raise its hostile 39.3 billion rand ($6.7 billion) offer for Gold Fields Ltd.
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Platinum continued its record-setting rally Wednesday, briefly rising above $2,000 an ounce for the first time amid concerns that a power shortage in South Africa could slow mining operations for several years.
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Gold soared to record highs above $900 an ounce on Monday as equities struggled for gains and the dollar fell.
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Gold hit a record high above $900 an ounce on Monday as turmoil in financial markets, expectations of aggressive U.S. rate cuts and a falling dollar helped raise the metal's safe-haven appeal.
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Gold rallied to its highest level in  more than seven weeks on Monday, hovering near a record high of  $850, on a weak U.S. dollar and tensions in Pakistan after the  killing of politician Benazir Bhutto.
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PETROPAVLOVSK-KAMCHATSKY, Russia  - Gold miners on Russia's Kamchatka peninsula contend with volcanic eruptions, floods and poor infrastructure, but high metal prices mean the hard work pays off.
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Gold price at record levels? Pah! It ain't like it used to be. Compared with the frenzy that went on back in 1979-80, the last time prices were this high, reaction to the current rise to record levels for the yellow metal is decidedly tame.
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Gold and platinum prices struck fresh record highs on Friday as investors rushed once more to invest in commodities amid a recovery on global stock markets, analysts said.
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Earlier this year, it appeared that the West was about to embark on one of its periodic bouts of inflation. Commodity prices were rising swiftly.
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Gold hit another record high on Monday and may touch the psychological level of $900 an ounce soon as uncertainty in financial markets and expectations of aggressive U.S. rate cuts raised its safe-haven appeal.
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Gold hit a 28-year high in Europe on  Friday as the dollar&#39;s continued slide to record lows versus  the euro raised the metal&#39;s appeal to speculative investors.
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Spot gold hit a record high at $855.10 an ounce on Wednesday in buying fuelled by a struggling dollar, surging oil and simmering geo-political tensions, traders said.
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Gold prices swept to a record high on Wednesday above the key $850-an-ounce mark, driven by surging oil, a weaker dollar and simmering geopolitical tensions that polished its safe-haven credentials.
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Gold rose on Tuesday and held near an historic high hit the previous day, reflecting investors' interest in the metal as the dollar dropped on expectations of half-percentage-point cut in U.S. rates.