GOLD

Huge gold and crude oil imports are the major factors for India's widening current account deficit.

Cyprus bailout concerns contribute to the continued weakness of gold as precious metal dips below $1,400 for the first time since March 2011.

Anonymous political graffiti artist reported to have died from poisoning or suicide.

Scientists at Manchester University say ultra-thin substance could have applications in the medical, security and aviation industries

Barrick Gold and China National Gold failed to agree on the value of a 73.9 percent stake in African Barrick Gold.

Global gold demand declines 11% due to weak market in China and Europe.

Italy's goldsmiths hit by high manufacturing costs and heavy duties in importing countries.

Despite the recent peak in gold prices in anticipation of further economic stimulus by the US Fed Reserve, doubts over the precious metal as a safe investment persist.

World Gold Council says Chinese demand is driven by market curbs on real estate sector and as a hedge against inflation.

Gold continues to rally this year and also in 2013, however according to a poll conducted by Reuters reveal that analysts are withdrawing the earlier forecasts of gold prices crossing a $2,000 an ounce mark.

Gold prices may hit record highs later this year due to volatility in the Middle East and persistent sovereign debt problems.

A poll of 20 hedge fund managers, economists and traders conducted by Reuters predicts that gold prices will fall below $ 1500 an ounce over the first quarter of next year.

Euro ends year on weak note with slumps against major currencies as debt crisis goes on.

Spot gold rebounded today as a 2 per cent decline in the previous session attracted buyers however; debt issues in the euro zone and U.S. are expected to keep frailties in place.

The largest yellow diamond known in existence has been sold for a massive £7.8m million. The auction house, Sotheby's, estimated that the accurately named Sun-Drop diamond would be valued at somewhere between $11 million to $15 million.

Sotheby's auctioned world's largest yellow diamond for £6.89 million.

Anglo American Plc is set to increase its stake in De Beers by buying out the Oppenheimer family’s holdings in the company for a 3.1 billion pounds ($5.1 billion) deal.

A British cargo ship carrying silver worth £135 million in today's money has been located deep in the North Atlantic, 70 years after it was sunk by a German torpedo.

All the world's gold and platinum in use today came from outer space after a mammoth meteorite shower battered the Earth. This happened more than four billion years ago, scientists revealed.

Vallares PLC announced Wednesday that it plans to merge with Genel Energy International Ltd, the largest oil producer in the Kurdistan region of Iraq.

Noricum Gold shares have soared over 20 per cent after positive news on the exploration results from Austrian gold projects

Venezuelan President Hugo Chavez said on Wednesday he will nationalize the gold industry, including extraction and processing, and use its output to boost the country's international reserves.