Gold extended last week’s late after hours access trade gains and rose to as high as $1073.70 in late Asian trade before it fell back off in London and dropped to as low as $1061.50 by about 9:30AM EST in New York, but it then chopped its way back higher into the close and ended with a gain of 1.24%. Silver climbed to $15.305 and dropped to $14.92 before it also rallied back higher and ended with a gain of 1.75%.
Gold rose $4.47 to $1067.37 in Asia before it plummeted to see a loss of $13.63 at as low as $1049.27 by a little before 4AM EST and then chopped its way back higher in London and New York to see only slight losses by late morning, but it then fell to a new session low of $1044.50 midday and ended with a loss of 1.00%. Silver fell as much as $0.76 to $14.46 by a little before 12AM EST before it bounced back higher into the close, but it still ended with a loss of 3.77%. However, both metals have risen in after hours access trade to see over 1% gains from those closes at the time of writing.
COT Silver Report - February 5, 2010
The Royal Canadian Mint will showcase a number of rare gold coins from its history at a special pavilion during this year's Winter Olympics in Vancouver.
It will display the mint's million-dollar gold coin - which was first unveiled in 2007 and weighs 100kg - in a special Gold Room that will explore the organisation's involvement in the Canadian gold sector.
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A special archaeology event recently held in Somerset saw a variety of historical artefacts presented to experts by members of the public - including a medieval gold coin.
People flocked to Faulkland village hall to get archaeologists to look at items dating back thousands of years, This is Somerset reports.
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An exhibition exploring the history and uses of gold has opened in Cincinnati, Ohio.
The display, entitled Gold, was launched on February 6th and will remain open until May 16th.
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Four gold ingots found in the shipwreck of the SS Central America sold for high prices at an auction held in California last week.
According to CoinLink, Heritage Auction Galleries's Long Beach Signature Sale saw the Harris Marchand gold ingot, which weighs 55.05 ounces, sell for $172,500 (£110,789) on February 5th.
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An 18-c gold jewellery collection has been created by luxury underwear brand Agent Provocateur, according to reports.
The label has joined forces with BJB Limited to design the gold jewellery range, which is available in stores now.
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A new gold jewellery collection, which has been designed especially for Valentine's Day, drew inspiration from the "natural beauty" of the rose, according to its designer.
"This collection represents springtime in full bloom. With the onset of rich lush colours in nature, my thought was to capture those elements and translate that into my jewellery," designer Amisha Khanna tells Diamond World.
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Drilling projects at the historic Santa open pit near Kalgoorlie in Western Australia, have revealed high-grade gold results, according to reports.
Exploration company Integra states that these positive new results provide the company with "increased confidence in the gold mineralised depth potential" of the area.
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Investing in gold coins can prove to be a "fun endeavour" for people who want to explore more than gold bullion, it has been suggested.
Allen Rowe, writing for the Nevada Appeal, states that one particularly rare range of gold coins can be a good choice for people who are looking to collect, due to the fact that they are extremely scarce.
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A range of rare gold artefacts from China's ancient era has gone on show at the National Palace Museum in Taiwan.
The exhibition, entitled Gold and Glory: The Wonders of Khitan from the Inner Mongolia Museum Collection, opened to the public on Saturday (February 6th) and will run until May 16th.
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Work has started on a project that could bring a gold mine in Manitoba, Canada, back into use.
Tartan Lake is located within the Flin Flon greenstone belt. Between 1987 and 1989, it was an active gold mine and its owner, St Eugene Mining Corporation, is now looking to evaluate the potential for restarting operations and carrying out a resource estimate.
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