April 25th, 2014
Weak US economy pushes precious metal prices up
Precious metal prices climbed this week, as the US economy weakened. Data released this week showed that the mortgage index decreased, while new home sales also declined, bucking expectations. In response, bullion metals ended Wednesday 23rd April 0.4 per cent higher, reports Business-Standard, with gold for June rising 0.3 per cent to $1,284.60 an ounce on the Comex division of the New York Mercantile Exchange.
Diamond mining firm sees revenues grow
April 7th, 2014
Gold investment to rise in 2014
Physical gold investment is set to rise this year, according to Barclays. The rise will be driven primarily by Chinese consumers, who “prefer to hold their gold physically”, explains Metal.com, as Chinese buyers snap up the precious metal in bar and jewellery form following falling values in 2013.
California farmland values enjoy historic rise
California farmland is enjoying a historic rise in values, fuelled by climbing crop prices and rising tree nut and winegrape plantings. Values of the cropland in…