Eldorado Gold output jumps by 40% in first quarter

To end the week the US announced that GDP growth in the second quarter had managed just 1.2%. In response, gold shot up.

The rush to buy gold continues as major economies add to reserves.

The concept has been around for some time in various fields, including new technology, entertainment and media, and has been relatively successful. As a result, some mining companies have decided to utilise it.

CHART: The gold price may grab headlines, but coal's rally comes as a shocker – thermal prices are up 22% in 2016 and coking coal's back in triple digits.

Precious metals expert Bob Moriarty advises investors on how they can avoid the disinformation and invest with the smart money.

Platinum now outperforming gold price in 2016 and palladium price soars 21% in just one month.

Both countries have poor records for enforcing environmental regulations, leading to tensions between communities and the mining sector, which the leaders of both countries have pledged to address.

Yamana will receive consideration in the form of cash and equity securities, the value of which was $140 million at the time of negotiations.

The Indian government's plan to incent households to hand their gold over to banks in return for interest payments appears to be working.