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...Australian gold miners rose on Thursday after the price of the precious metal surged on the back of a falling dollar....
...Australian gold producers were down on Wednesday as the price of the precious metal pulled back from a three-month high....
...Gold producer stocks jumped to their highest in more than one year in Sydney on Monday as the price of the precious metal touched a fresh four month high, buoyed by a soft US dollar....
...Gold miners in Australia were enjoying the glow from a jump in the price of the precious metal on Thursday after the Fed raised rates overnight....
...Australian gold miners hit a one-month low on Friday after the precious metal dropped to its lowest point since late July overnight as investors continued to shrug off a range of geopolitical risks....
...The ASX 300 Metals & Mining index was up 1.3 per cent in Sydney. Iron giants Fortescue Metals Group and BHP Billiton added 1.7 per cent and 1.6 per cent, respectively....
...The ASX All Ordinaries Gold index was down as much as 1.9 per cent in Sydney, a two week low, with major producer Newcrest Mining off 2.2 per cent as the price of the precious metal pulled back from a three...
...The price of the yellow metal climbed 0.2 per cent on Tuesday to $1,312.20 an ounce, its highest intraday level since Wednesday....
...In Sydney the S&P/ASX 200 index was up 0.1 per cent, but Australian gold producers dropped as the precious metal slipped 0.3 per cent to $1,316.24....
...The index for Australian gold miners was near a five month high on Wednesday as the price of the precious metal hovered at its highest point in a year....
...The yellow metal surged 2.5 per cent over the week to $1,290.79 a troy ounce — its biggest weekly gain in more than a year....
...Gold miners fared better as the price of the yellow metal spiked to its highest level since the result of the US election following North Korea’s missile test early on Tuesday morning....
...Gold miners were among the worst performers on the ASX after the precious metal shed 0.7 per cent on Friday....
...The Euro Stoxx 600 is up 0.5 per cent, Frankfurt’s Xetra Dax 30 is 0.7 per cent higher and London’s FTSE 100 is up 0.4 per cent, held back by a sluggish showing for precious metals stocks....
...Friday’s fall in the gold price was still being felt by miners of the yellow metal, which were lining up as the worst performers today in Australia’s S&P/ASX 200, although the broader benchmark was up 0.9...
...Citigroup, one of America’s largest lenders by assets, dropped 4.1 per cent....
...Expectations for monetary policy easing from central banks have pushed up prices for precious metals, and saw silver cross the $21 an ounce level yesterday for the first time in two years....
...Analysts at Bank of America Merrill Lynch said that the PBoC was “leaning toward the domestic policy objective, possibly with a higher level of confidence on FX control or a lower priority on exchange rate...
...Citi, which employs 230 people in commodities, has grown its operations to include oil, industrial and precious metals, natural gas, coal and iron ore....
...Over the week the precious metal was up $27....
...The company, which also owns the Jack Spade brand for men, said its namesake women’s brand was largely responsible for an almost 55 per cent increase in North American sales last quarter to $208m....
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